This material represents the views and opinions of the speakers as of 16 July 2020, which are based on current market conditions, will fluctuate, and are subject to change without notice. While the information contained herein is believed to be reliable, there is no guarantee to the accuracy or completeness of any statement in the discussion. This material is for informational purposes only and should not be considered as investment advice or a recommendation of any investment service, product or individual security. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation.
For the purpose of determining the portfolio’s holdings, securities of the same issuer are aggregated to determine the weight in the portfolio. The discussion of portfolio holdings does not constitute a recommendation of any individual security. The holdings mentioned above comprise the following percentages of a representative account within the Developing World Composite’s total net assets as of 30 Jun 2020: Meituan Dianping 4.4%; MercadoLibre Inc 5.2%; Sea Ltd 5.1%; HDFC Bank Ltd 4.1%; LVMH Moet Hennessy Louis Vuitton SE 3.1%; Adyen NV 4.3%; Kweichow Moutai Co Ltd 3.7%; Tencent Holdings Ltd 4.6%; Netflix Inc 3.1%; Visa Inc 7.0%. Securities mentioned that are not listed here are no longer held in the portfolio as of the period end. The portfolio managers views and portfolio holdings are subject to change and Artisan Partners disclaims any obligation to advise investors of such changes.
Past performance does not guarantee and is not a reliable indicator of future results.
