1 8 0 oakmark www com advised by harris associates lp june 30 2005 third quarter report the funds are distributed securities member nasd date of first use august president s letter summary information 2 commentary on and select 4 fund from portfolio managers 6 schedule investments 7 11 12 equity income 14 17 global 23 diversification chart 25 26 international small cap 31 32 33 34 40 42 43 philosophy process 51 glossary 52 trustees officers 53 forward looking statement disclosure one our most important responsibilities as mutual
