The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.
Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.
The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.
Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.
Why the Oakmark U.S. Large Cap ETF (OAKM)?
Oakmark U.S. Large Cap ETF
Bill Nygren discusses the Oakmark U.S. Large Cap ETF
Data displayed as of 12/03/2024
Daily Nav
$24.70
Closing Market Price
$24.71
Premium/Discount
0.05%
30 day median bid/ask spread
0.00
Ticker
OAKM
Shares of ETFs are bought and sold at market price as opposed to net asset value. As a result, an investor may pay more than net asset value when buying and receive less than net asset value when selling. In addition, brokerage commissions will reduce returns. Fund shares are not individually redeemable directly with the Fund, but blocks of shares may be acquired from the Fund and tendered for redemption to the Fund by certain institutional investors in Creation Units.
Net Asset Value (NAV): Fund’s assets less its liabilities, divided by number of shares outstanding. Premium/Discount: Difference between closing market price and net asset value. Median Bid/Ask Spread: Computed by identifying the Fund’s national best bidding and asking (offering) prices as of the end of each 10-second interval during each trading day during the past 30 calendar days, dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer, and identifying the median of those values.
Data displayed as of 12/04/2024
Holdings subject to change and do not represent a recommendation to buy or sell any security. The top 10 holdings listed exclude cash and cash equivalents.
Data displayed as of 12/03/2024
Premium/Discount: Difference between the closing market price and net asset value. The data represents past performance and is not a guarantee of future results.
Understanding the risks
Investing involves risk; principal loss is possible. There is no guarantee the Fund’s investment objective will be achieved. The Fund is actively managed and does not seek to replicate a specific index. Exchange-Traded Fund (ETFs) are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of ETF’s shares may trade at a premium or discount to its net asset value (NAV), an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact an ETF’s ability to sell its shares. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. Brokerage commissions will reduce returns. The Fund invests primarily in large capitalization securities, which may be unable to respond quickly to new competitive challenges or opportunities, attain the high growth rate of successful smaller companies, or be out of favor under certain market conditions. The Fund tends to be invested in a relatively focused portfolio of securities, thus the appreciation or depreciation of any one security held will have a greater impact on the Fund’s net asset value versus investing in a larger number of securities. Common stocks are subject to special risks. As a new fund, there is a limited operating history and there can be no assurance it will grow to an economically viable size, in which case it may cease operations and require investors to liquidate or transfer their investments. These and other risk considerations, such as market, sector or industry, large shareholder, and value style, are described in detail in the Fund’s prospectus.
CFA® and Chartered Financial Analyst® are registered trademarks owned by the CFA Institute.
Harris Associates L.P. is the Fund’s investment adviser. The Oakmark ETFs are distributed by Foreside Fund Services, LLC. Harris Associates L.P. and Harris Associates Securities L.P. are not affiliated with Foreside Fund Services, LLC.
Invest through your brokerage account on online platforms where the ETF is available.
Contact your financial advisor to discuss this ETF and how it may fit in your portfolio.
