Harris Associates Investment Trust
Oakmark Fund
Oakmark Select Fund
Oakmark Equity & Income Fund
Oakmark Global Fund
Oakmark Global Select Fund
Oakmark International Fund
Oakmark International Small Cap Fund
(the Funds)
Supplement dated July 2, 2019 to the Funds Prospectus dated January 28, 2019
Effective immediately, the section titled How to Purchase Investor Class Shares, Advisor Class Shares and Institutional Class Shares is updated as follows:
(a) The last bullet point under the subheading titled Adding to an Account in each of the subsections titled By Automatic Transfer and By Telephone is deleted in its entirety and replaced with:
· If you did not establish the electronic transfer privilege on your New Account Registration Form, you may add the privilege by visiting Oakmark.com or by completing the Shareholder Services Form. When completing the form a Medallion Signature Guarantee will be required.
(b) The second to last bullet point under the subheading titled Adding to an Account in the subsection titled By Electronic Transfer is deleted in its entirety and replaced with:
· If you did not establish the electronic transfer privilege on your New Account Registration Form, you may add the privilege by visiting Oakmark.com or by completing the Shareholder Services Form. When completing the form a Medallion Signature Guarantee will be required.
Effective immediately, the subsection titled Signature Guarantee in the section titled How to Redeem Investor Class Shares, Advisor Class Shares and Institutional Class Shares is updated as follows:
(a) The following language is added as a new bullet point in the first paragraph:
· you wish to redeem more than $100,000.
(b) The last sentence is deleted in its entirety and replaced with:
If you are requesting to add bank information to an existing Oakmark account, all Oakmark account owners must obtain a Medallion Signature Guarantee. If there is no name in common between the Oakmark account owners and the bank account owners, ALL Oakmark account owners and bank account owners must obtain a Medallion Signature Guarantee.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.