Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
The boatload of new assets have resulted, thus far, in an increase in OERs and a slackening in relative performance. I own it; I'm not thrilled. Big paydays for Met West though, I'm sure.
In light of the fact that OERs for all Oakmark funds increased from 2015 to 2016, while AUM dropped, one can understand the rationale underlying this change.
