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Fund Times

Oakmark International Reopens to New Investors

Outflows accelerate in 2018 amid poor performance for this Gold-rated fund.


 Oakmark International (OAKIX) has reopened to new investors as outflows have accelerated since midyear in the wake of dismal performance.

The fund, which has a Morningstar Analyst Rating of Gold, had closed to new investors in January 2018 after gathering $9.7 billion in inflows in 2017. Before then, it had been closed from October 2013 to July 2016.

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Dan Culloton does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.