With Oakmark International, Patience Pays Off
Foreign stock markets lost money over the past 12 months, despite a recent rebound. The MSCI All Country World index ex USA declined 7.2% over the one-year period through May 17. Oakmark International ()--a member of the , the collection of our favorite no-load mutual funds--sank 16.8%, which ranks it behind 99% of all funds that invest in large, foreign companies.
