Strategy Commentary

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U.S. Equity Strategy

September 2017

The third quarter saw some new records set in the United States. Hurricanes surpassed historic levels for rainfall (Harvey), duration (Irma) and landfall intensity (Maria).

International Equity Strategy

September 2017

During the third quarter, major global markets were influenced by a mix of positive global economic progress, geopolitical tension and the landfall of multiple, devastating hurricanes.

Concentrated Strategy

September 2017

The third quarter saw some new records set in the United States. Hurricanes surpassed historic levels for rainfall (Harvey), duration (Irma) and landfall intensity (Maria).

Mid Cap Value Strategy

September 2017

The third quarter saw some new records set in the United States. Hurricanes surpassed historic levels for rainfall (Harvey), duration (Irma) and landfall intensity (Maria).

Global All Cap Strategy

September 2017

During the third quarter, major global markets were influenced by a mix of positive global economic progress, geopolitical tension and the landfall of multiple, devastating hurricanes.

Global Concentrated Strategy

September 2017

During the third quarter, major global markets were influenced by a mix of positive global economic progress, geopolitical tension and the landfall of multiple, devastating hurricanes.

Global Strategy

September 2017

During the third quarter, major global markets were influenced by a mix of positive global economic progress, geopolitical tension and the landfall of multiple, devastating hurricanes.

International Small Cap Strategy

September 2017

During the third quarter, major global markets were influenced by a mix of positive global economic progress, geopolitical tension and the landfall of multiple, devastating hurricanes.

Japan Strategy

September 2017

During the third quarter, major global markets were influenced by a mix of positive global economic progress, geopolitical tension and the landfall of multiple, devastating hurricanes.

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The Oakmark Funds

A value-oriented mutual fund family offering U.S., balanced, global and international funds

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Before investing in any Oakmark Fund, you should carefully consider the Fund's investment objectives, risks, management fees and other expenses. This and other important information is contained in a Fund's prospectus and summary prospectus. Please read the prospectus and summary prospectus carefully before investing. For more information, please call 1-800-OAKMARK (625-6275). Harris Associates Securities L.P., Distributor.

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