BZLFF - Oakmark International Fund: Fourth Quarter 2019
The Oakmark International Fund had a strong year of absolute and relative performance, returning 24.2% for the calendar year. The benchmark MSCI World ex U.S. Index returned 22.5% for the same one-year period. The Fund also outperformed for the recent quarter end, returning 11.1% compared to the Index return of 7.9%. Lastly, the Fund has returned an average of 9.4% per year since its inception in September 1992, outperforming the MSCI World ex U.S. Index, which has averaged 6.1% per year over the same period.
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