Harris Associates Global Equity Fund

Fund highlights


The Fund invests primarily in company shares (stocks). Equity investments may experience large price fluctuations.The Fund is subject to specific risks, including portfolio concentration risk, growth/value equities risk and currency risk at a share class level.

An investor’s capital will be at risk; you may get back less than you invested. Please refer to the full prospectus for additional details on risks.

Important notice relative to all P share classes
The CPF interest rate for the Ordinary Account ("OA") is based on the 12-month fixed deposit and month-end savings rates of the major local banks. Under the CPF Act, the CPF Board pays a minimum interest of 2.5% per annum when this interest formula yields a lower rate.

The interest rate for the Special and Medisave Accounts (“SMA”) is pegged to either the 12-month average yield of 10-year Singapore Government Securities (“10YSGS”) plus 1% or 4% whichever is the higher, adjusted quarterly. The interest rate to be credited to the Retirement Account (“RA”) will be the weighted average interest rate of the entire portfolio of Special Singapore Government Securities (“SSGS”) the RA savings are invested in which earn a fixed coupon equal to either the 12-month average yield of the 10YSGS plus 1% at the point of issuance, or 4% whichever is higher, adjusted yearly. For 2017, the minimum interest rate for the SMA and RA is 4.0% per annum. After 31 December 2017, the 2.5% per annum legislated minimum interest rate, as prescribed by the CPF Act, will apply to the SMA and RA.

In addition, the CPF Board pays an extra interest rate of 1% per annum on the first $60,000 of a CPF member's combined balances, including up to $20,000 in the Ordinary Account. The first $20,000 in the Ordinary Account and the first $40,000 in the CPF Special Account are not allowed to be invested under the CPFIS.

Investors should note that the applicable interest rates for each of the CPF accounts may be varied by the CPF Board from time to time.

Fund basics

ISIN LU0130103749
Bloomberg Ticker CDCOGVI LX
Reference index MSCI World NR USD
Morningstar Category Global Large-Cap Blend Equity
IMA Sector N/A
Asset class Equity
Region Global
Fund inception date 15/06/2001
Share class inception date 15/06/2001

Daily stats

as of (19/02/2019)
NAV USD 345.17

Portfolio managersRead more

David G. Herro, CFA®
Harris Associates
Managed the fund since 2016

Jason E. Long, CFA®
Harris Associates
Managed the fund since 2016

Clyde McGregor, CFA®
Harris Associates
Managed the fund since 2003

Anthony Coniaris, CFA®
Harris Associates
Managed the fund since 2016