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