0001104659-13-030370.txt : 20130417 0001104659-13-030370.hdr.sgml : 20130417 20130417170609 ACCESSION NUMBER: 0001104659-13-030370 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130417 DATE AS OF CHANGE: 20130417 EFFECTIVENESS DATE: 20130417 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HARRIS ASSOCIATES INVESTMENT TRUST CENTRAL INDEX KEY: 0000872323 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 033-38953 FILM NUMBER: 13767442 BUSINESS ADDRESS: STREET 1: HARRIS ASSOCIATES LP STREET 2: TWO N LASALLE ST STE 500 CITY: CHICAGO STATE: IL ZIP: 60602-3790 BUSINESS PHONE: 8004769625 MAIL ADDRESS: STREET 1: HARRIS ASSOCIATES LP STREET 2: TWO NORTH LASALLE STREET STE 500 CITY: CHICAGO STATE: IL ZIP: 60602-3790 0000872323 S000002763 Oakmark International Small Cap C000007564 Class I OAKEX C000007565 Class II OAREX 497K 1 a13-9836_11497k.htm 497K

 

HARRIS ASSOCIATES INVESTMENT TRUST

Supplement dated April 17, 2013 to the Summary Prospectus of
the Oakmark International Small Cap Fund dated January 28, 2013
(the “Summary Prospectus”)

 

Effective June 17, 2013, the first paragraph on page 1 of the Summary Prospectus under the section entitled “PRINCIPAL INVESTMENT STRATEGY” is deleted and replaced with the following:

 

“The Fund invests primarily in a diversified portfolio of common stocks of non-U.S. companies. Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in the stocks of “small cap companies.” A small cap company is one whose market capitalization is no greater than the largest market capitalization of any company included in the S&P EPAC (Europe Pacific Asia Composite) Small Cap Index ($8.7 billion as of December 31, 2012).”

 

Effective immediately, the paragraph on page 4 of the Summary Prospectus under the section entitled “PAYMENTS TO BROKER-DEALERS AND OTHER FINANCIAL INTERMEDIARIES” is deleted and replaced with the following:

 

If you purchase shares of the Fund through a broker-dealer or other financial intermediary (such as a bank), the Fund and its distributor and/or Adviser may pay the intermediary for services provided to the Fund and its shareholders. The Adviser and/or distributor may also pay the intermediary for the sale of Fund shares. These payments may create a conflict of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the Fund over another investment. Ask your salesperson or visit your financial intermediary’s website for more information.

 

SUMPROSUPPAPR13-2