What is Oakmark?
Oakmark Select is a non-diversified fund (about 20 stocks) that seeks long-term capital appreciation by generally investing in mid- and large-cap U.S. companies.
Is Oakmark a good mutual fund?
Overall, Oakmark Investor ( OAKMX ) has a high Zacks Mutual Fund rank, strong performance, average downside risk, and lower fees compared to its peers.
Are Oakmark funds no load?
The Oakmark Funds are no-load funds, which means shares are sold without a commission or sales charge.
What is a select mutual fund?
It consists of making regular periodic investments, usually of the same amount, into one or more mutual funds of your choice. Say, for example, that you invest $100 each month into mutual funds. When the market is up, your $100 buys fewer shares, but when the market is down, you get more shares for the same money.