Natixis Oakmark Fund

• Invests primarily in large-cap companies based in the U.S.

• Equity philosophy revolves around buying stocks at a significant discount to their true business value

• Managers seek companies that are undervalued, growing, and run by strong management teams

• Harris Associates believes in independent thinking and avoiding the herd mentality; the fund's managers focus on their best ideas rather than mirroring the benchmark

• High-conviction investing leads to a more focused portfolio, typically 30–60 names