Value investing redefined

The Oakmark family of mutual funds is an extension of Harris Associates’ value-focused approach to investing. For more about our selection of funds, visit Oakmark.com.

The Oakmark Funds

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
1-800-OAKMARK (625-6275)

Our vision

Integrate

We incorporate both financial and non-financial factors, including environmental, social and governance (ESG) considerations, into our investment process. Our investment team continually monitors developments on the regulatory, political and technological fronts to gauge the economic impact to our companies from environmental factors, such as climate change. Socially, we monitor how well a company is positioned to retain key talent, manage supply chain risk, and outperform local product safety and quality regulations, among other metrics. In all companies in which we invest, we seek robust corporate governance practices. This full mosaic of information is used to assess the quality of a business and its ability to sustain per share value growth over the long term.

Engage

For more than 40 years, Harris Associates has developed a strong reputation as a long-term, shareholder-oriented investment firm. This approach is a byproduct of our value investment philosophy that requires every investment to meet the following criteria: 1) they are companies that we believe are priced at significant discounts to our estimate of the company’s intrinsic value, 2) they are companies that have a path to grow per share value and 3) they are companies that are run by managers who think and act as owners.

Evolve

We are continuously learning and advancing our understanding of ESG topics and trends. Our goal is to continue to improve our ability to recognize, evaluate and act on ESG opportunities and risks to stay ahead of the curve.

Green plant in earth being held in two hands
Daniel Nicholas- Client Portfolio Manager- Headshot

All material risks and opportunities must be factored in to our intrinsic values. We believe it’s not only the responsible thing to do, but it’s required to thoroughly analyze the sustainability of a business.

Daniel Nicholas, Client Portfolio Manager

Our landmarks

2017

  • Harris Associates formalizes its investment policy around responsible investing. The firm’s Managing Board approved the initiative to formally integrate consideration of material ESG factors into our investment process. While our assessment of company management and corporate governance has always played a critical role in our investment process, we formally implemented our Responsible Investing Policy in 2017, which covers firm-wide assets.

2018

  • The firm writes its Engagement Policy, which outlines our longstanding process of interacting with management teams to drive shareholder value creation.

2019

  • Harris’ Diversity and Inclusion Council was founded and is responsible for identifying opportunities to develop, promote and integrate diversity and inclusion principles throughout the firm.
  • The firm joins the United Nations-supported Principles for Responsible Investment (UN PRI).

2020

  • Harris completes its first UN PRI assessment.
  • The firm hires Chris Knowland, Director of Responsible Investing.
Earth globe resting in a hand

Harris Policy Documents

Meet your team

Our greatest value to you is found in the people who deliver our services. Whether they are involved in security analysis, allocation or meeting your account’s needs, each is dedicated to ensuring our relationship delivers the expertise you seek.