Triple Discount in International Equities

Three reasons why it’s an ideal entry point into international value stocks is covered by David Herro, CIO International Equities, Harris Associates.

David Herro, CFA®, CIO-International Equities and Portfolio Manager at Harris Associates, adviser to the Oakmark Funds, breaks down the case for investing in international stocks today.

In this video, he highlights why now may be an attractive entry point for buying quality businesses at low prices and how to assess the triple discount in international equities, via countries, currencies, and style spreads.
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This material is provided for informational purposes only and should not be construed as investment advice. The views and opinions contained herein reflect the subjective judgments and assumptions of the authors only and do not necessarily reflect the views of Natixis Investment Managers, or any of its affiliates. The views and opinions are as of October 17, 2023 and may change based on market and other conditions. There can be no assurance that developments will transpire as forecasted, and actual results may vary.

All investing involves risk, including the risk of loss. Investing involves risk, including the risk of loss. Investment risk exists with equity, fixed income, and alternative investments. There is no assurance that any investment will meet its performance objectives or that losses will be avoided.

Investing in value stocks presents the risk that value stocks may fall out of favor with investors and underperform growth stocks during given periods.

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