The Oakmark International Small Cap Fund, specifically its Investor Share Class, demonstrated a robust performance in the second quarter of 2025, surpassing the MSCI World ex USA Small Cap Index (net), its designated benchmark. This success was primarily propelled by strong showings in certain sectors and strategic new investments, highlighting the fund's effective market navigation.

During this period, the fund’s notable contributors to growth included iM Financial Group, Atea (OTCPK: ATEAY), and BNK Financial Group. Conversely, companies such as TeamViewer (OTCPK: TMVWF, OTCPK: TMVWY), Gerresheimer (OTCPK: GRRMF, OTCPK: GRRMY), and Azelis Group (OTCPK: AZLGF, OTCPK: AZLGY) were identified as the primary detractors from performance. Reflecting a forward-looking investment approach, the fund also strategically added new positions, acquiring shares in Amplifon (OTCPK: AMFPF), Ayala Land (OTCPK: AYAAF, OTCPK: AYAAY), Bakkafrost (OTCPK: BKFKF, OTCPK: BKFKY), Jenoptik (OTCPK: JNPKF), and Misumi Group, further diversifying its portfolio for future growth. The fund's geographical allocation is largely concentrated in European countries (excluding the U.K.), the U.K. itself, and various Asian markets (excluding Japan), indicating a targeted international investment focus.

This strong quarterly showing underscores the potential rewards of a well-researched and strategically managed investment portfolio, particularly in the dynamic landscape of international small-cap markets. It reinforces the principle that diligent analysis and thoughtful asset allocation can lead to favorable outcomes, encouraging a proactive and informed approach to financial endeavors for a prosperous future.