Chicago, October 7th / PRNewswire / -- Harris | Oakmark Announces the launch of a new exchange-traded fund: Oakmark U.S. Concentrated ETF ( OAKL ). Consistent with Harris | Oakmark and other products, this ETF adopts a value investing philosophy, seeking high-quality companies traded at prices below the investment team's estimated intrinsic value, and aims to achieve competitive long-term performance through a focused portfolio based on bottom-up research.
This launch has expanded the active ETF product line of Harris | Oakmark, adding Oakmark U.S., Large Cap ETF ( OAKM ), Oakmark International Large Cap ETF ( OAKI ), and Oakmark Global Large Cap ETF ( OAKG ) which are rated Morningstar Gold Medalist. The company's ETF combines the expertise in value investing with the advantages of ETF structure, including transparency, intraday liquidity, and potential tax efficiency.
Oakmark U.S. Concentrated ETF ( OAKL ) is managed by Alex Fitch and CFA; the latter serves as the Portfolio Manager, Head of U.S. Research, and Co-Chief Investment Officer for the U.S.; Robert Bierig holds the position of Vice Chairman and Portfolio Manager. OAKL typically holds positions in 15 to 25 larger U.S. companies, providing a concentrated approach to value investing with strong conviction in the broader market.
Alex Fitch indicates: "Through this new fund, we continue to provide our clients with our consistent value investing philosophy. Our approach is rooted in a bottom-up understanding of companies, and we invest when we believe there is a significant gap between the price and intrinsic value. Subsequently, we wait patiently and with discipline for this gap to narrow over time."
Robert Bierig added, "A concentrated portfolio is a natural extension of this discipline. OAKL reflects our approach of allocating capital to a group of companies that we believe represent the most attractive long-term opportunities for investors."
Learn more about Harris | Oakmark ETF information:www.oakmark.com / ETFsMandatory requirements:
About Harris | Oakmark
For over fifty years, Harris | Oakmark has been providing value-oriented investment solutions with a highly proactive approach, strict discipline, and a long-term perspective. Headquartered in Chicago, Illinois, as of June 30, 2026, the firm managed assets amounting to approximately $106 billion. The company adopts a differentiated, research-intensive approach to uncover intrinsic value. Its investment team utilizes bottom-up fundamental analysis, rigorous debate, and value discipline to construct focused portfolios designed to achieve stable and competitive performance across market cycles. The firm's investment offerings cover U.S., global, and international stocks, as well as fixed income, and are provided through various vehicles such as mutual funds, SMA, LP, CIT, and actively managed ETF.
About Natixis Investment Managers
The multi-affiliate model of Natixis Investment Managers connects clients with the independent thinking and expertise of over 15 active managers. Based on asset management scale, the company is ranked among the largest asset management institutions in the world, with an asset management size of over 1.5 trillion US dollars (1.3 trillion euros). Natixis Investment Managers focuses on high-belief active investment strategies, insurance and pension solutions, as well as private equity assets, and offers diversified products across different asset classes, styles, and vehicles. The company collaborates with clients to understand their unique needs and provides insights and investment solutions that align with their long-term goals.
Headquartered in Paris and Boston, it is part of Groupe BPCE, France's second-largest banking group, which operates through its retail networks of Banque Populaire and Caisse. The affiliated investment management companies of Natixis Investment Managers include AEW; DNCA Investments; 3 Flexstone Partners; Gateway Investment Advisers; Harris | Oakmark; Investors Mutual Limited; Loomis, Sayles & Company; Mirova; Naxicap Partners; Ossiam; Ostrum Asset Management; Seventure Partners; Vauban Infrastructure Partners; Vaughan Nelson Investment Management; VEGA Investment Solutions; and WCM Investment Management. In addition, investment solutions are also provided through Natixis Investment Managers Solutions and Natixis Advisors, LLC. Not all products are available in all jurisdictions.For more information, please visit Natixis Investment Managers website im.natixis.com | LinkedIn : linkedin.com / company / natixis-investment-managers.
The distribution and service group of Natixis Investment Managers includes Natixis Distribution and LLC, which is a limited-purpose brokerage dealer and also a distributor for several US-registered investment companies; the investment advisory services for these companies are provided by an affiliated institution of Natixis Investment Managers. In addition, it also includes Natixis Investment Managers International (France) and its affiliated distribution and service entities in Europe and Asia.
Based on the survey respondents and public data from Investment & Pensions Europe / Top 500 Asset Managers 2026, Natixis Investment Managers was rated as the 21st largest asset management company in the world as of December 31, 2025, in terms of asset management scale.
The asset management scale of the related entities ( AUM ) as of June 30, 2026, is calculated to be 152.51 billion US dollars (133.40 billion euros). The reported AUM may include nominal assets, assets under entrusted management, total assets, assets of associated entities with minority interests, as well as other types of non-regulated AUM managed or serviced by the companies affiliated with Natixis Investment Managers.
3 DNCA Finance brands.
Morningstar Disclosure
©2026 Morningstar, Inc. All rights reserved. Morningstar Medalist RatingTM is a summary expression of Morningstar's forward-looking analysis of investment strategies, applicable to products provided through specific channels. The rating scales include Gold, Silver, Bronze, Neutral, and Negative. Medalist Ratings indicates which investments Morningstar believes may outperform relevant indices or the average of their peers over time, after risk adjustment. Morningstar expresses Morningstar Medalist Rating on a five-level scale from Gold to Negative. For actively managed funds, Morningstar assigns Gold, Silver, and Bronze ratings to those products that are expected to create value or have a "positive alpha" relative to the relevant Morningstar category indices over the long term, after considering fees and risks. For passive strategies, Morningstar assigns Gold, Silver, and Bronze ratings to those products that are expected to achieve a net return higher than the category median or at least zero over the long term. Morningstar defines "long term" as a period of at least five years. For more information about these ratings and their methods, please visit global.morningstar.com / managerdisclosures.
Morningstar Medalist Ratings is not a statement of fact, nor is it a credit rating or risk rating. Morningstar Medalist Rating: (i) It should not be used as the sole basis for evaluating investment products; ( ii ) It involves unknown risks and uncertainties that may lead to outcomes not meeting expectations or significant discrepancies from anticipated results; ( iii ) When determined by algorithms, it is not guaranteed to be based on complete or accurate assumptions or models; ( iv ) There is a risk that return targets may not be achieved due to unforeseeable factors such as management, technology, economic development, changes in interest rates, operational and/or material costs, competitive pressures, regulatory laws, exchange rates, tax rates, fluctuations in exchange rates, and/or changes in political and social conditions; (v) It should not be regarded as an offer or solicitation to buy or sell such investment products. If the fundamental factors that constitute Morningstar Medalist Rating change, it may mean that the rating will no longer be accurate thereafter.
Understand the Risks
Investment involves risk; there is a possibility of principal loss. It cannot be guaranteed that each fund will achieve its investment objectives. The fund is actively managed and does not aim to replicate a specific index. Exchange-traded funds (ETFs) face additional risks that are not applicable to traditional mutual funds, including the possibility that the market price of ETF shares may trade at a premium or discount relative to their net asset value, the inability to form or maintain an active secondary trading market, or the possibility that trading may be suspended by the listing exchange. These factors could affect the ability to sell ETF shares. Unlike mutual funds, ETF shares are traded at market prices, which may be higher or lower than their net asset value, and they cannot be redeemed directly by the fund. Brokerage commissions will reduce returns. The fund primarily invests in securities with larger market capitalizations, which may not be able to quickly respond to new competitive challenges or opportunities, may struggle to achieve the high growth rates of smaller companies, or may lose favor in certain market conditions. Since this is a non-diversified fund, the performance of each holding has a greater impact on the overall fund return, which can result in more volatile returns compared to more diversified funds. Value stocks may lose investor favor and underperform growth stocks during certain periods. As these are new funds with limited operating histories, there is no guarantee that each fund will grow to an economically viable size; if this is not achieved, the fund may cease operations, requiring investors to liquidate or transfer their investments. The aforementioned and other risk factors, including market, industry or sector risks, major shareholder risks, and value style risks, are detailed in the fund’s prospectus.
Before investing, please carefully consider the fund's investment objectives, risks, fees, and other expenses. For information regarding these matters and other important details, please call 1-800- OAKMARK (625-6275 for mutual funds) or 1-800-458-7452 (for ETF), or visit oakmark.com to obtain the prospectus and summary prospectus.
Oakmark Funds is distributed by Harris Associates Securities LLC, which is a member of FINRA. Harris Associates L.P. serves as an investment advisor for Oakmark Funds and ETF. Oakmark ETFs is distributed by Foreside Fund Services and LLC. Harris Associates L.P. and Harris Associates Securities LLC have no association with Foreside Fund Services and LLC. Harris Associates L.P. is an investment advisor registered with the U.S. Securities and Exchange Commission under the Investment Advisors Act of 1940, but such registration does not imply a certain level of skill or training. The general partnership interests of Harris Associates are held by Harris Associates and Inc, the latter of which is a corporate subsidiary of Natixis Investment Managers LLC.
Natixis Distribution, LLC (members of FINRA | SIPC) are the marketing agents for Oakmark Funds and Oakmark ETFs.
