22 April 2024
Milwaukee, Wisconsin. Artisan Partners is pleased to announce Artisan International Value Fund (ARTKX) and Artisan Global Value Fund (ARTGX) have been named as recipients of the 2024 Investor’s Business Daily (IBD) awards for Best International Stock Fund.
The Artisan International Value Fund is managed by lead portfolio manager David Samra. For 2024, IBD compared the returns of 636 international stock funds that have been around for at least 10 years and found that only 78 funds beat the selected benchmark — the MSCI EAFE Index — over the preceding one-, three-, five- and ten-year periods ended December 31, 2023.
The Artisan Global Value Fund is managed by lead portfolio manager Dan O’Keefe. The awards recognize these funds’ outperformance of the benchmark and commitment to generating wealth for shareholders.
IBD is a leading financial news and research organization that provides investors with information on the stock market and investment strategies. Each year, IBD recognizes a variety of top-performing mutual funds and fund managers in various categories through its annual awards program. Each winning fund has beat the benchmark for the noted periods.
Average Annual Total Returns as of 31 Mar 2024 | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Since Inception | Expense Ratio1 |
---|---|---|---|---|---|---|
Artisan International Value Fund, Investor Class (ARTKX) | 16.28 | 8.64 | 11.19 | 7.22 | 11.65 | 1.26% |
Artisan Global Value Fund, Investor Class (ARTGX) | 23.55 | 7.41 | 9.93 | 7.62 | 8.04 | 1.32% |
MSCI EAFE Index | 15.32 | 4.78 | 7.33 | 4.80 | 7.40 | — |
MSCI All Country World Index | 23.22 | 6.96 | 10.92 | 8.66 | 6.05 | — |
Source: Artisan Partners/MSCI. Artisan Global Value Fund inception: Investor (10 December 2007). Artisan International Value Fund inception: Investor (23 September 2002);1Prospectus 30 Sep 2023. See prospectus for further details.
Past performance does not guarantee and is not a reliable indicator of future results. Investment returns and principal values will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that shown. Call 800.344.1770 for current to most recent month-end performance. Performance may reflect agreements to limit a Fund’s expenses, which would reduce performance if not in effect.
This announcement is for information purposes only and does not constitute an offer, an invitation or a solicitation for investment or subscription for shares of funds or investment services in any country. Any person who is in possession of this material is hereby notified that no action has or will be taken that would allow an offering of any Artisan Partners product or service unless in compliance with local regulations. Neither this announcement nor any other material relative to this announcement have been submitted to any local regulatory authority for prior review or approval. This material is intended for the recipient’s information and use only and may not be distributed or made available (in whole or in part) in any local jurisdiction, directly or indirectly, except as permitted by local law and regulation.
Artisan International Value and Artisan Global Value Funds available through multiple share classes, which have higher investment minimums and lower fees than the Funds’ Investor Share Class.
Current and future portfolio holdings are subject to risk. The value of portfolio securities selected by the investment team may rise or fall in response to company, market, economic, political, regulatory or other news, at times greater than the market or benchmark index. A portfolio’s environmental, social and governance (“ESG”) considerations may limit the investment opportunities available and, as a result, the portfolio may forgo certain investment opportunities and underperform portfolios that do not consider ESG factors. International investments involve special risks, including currency fluctuation, lower liquidity, different accounting methods and economic and political systems, and higher transaction costs. These risks typically are greater in emerging and less developed markets, including frontier markets. Securities of small- and medium-sized companies tend to have a shorter history of operations, be more volatile and less liquid and may have underperformed securities of large companies during some periods. Value securities may underperform other asset types during a given period. These risks are discussed in the prospectus. Please read it carefully before you invest or send money.
In determining award winners, Investor Business Daily’s analysis uses Morningstar data for each fund’s historical risk-adjusted return compared to the MSCI EAFE index as of 31 December 2023. MSCI EAFE Index measures the performance of developed markets, excluding the US and Canada. The benchmark generally used in comparison with Artisan Global Value Fund is the MSCI All Country World Index which measures the performance of developed and emerging markets. The indexes are unmanaged; includes net reinvested dividends; do not reflect fees or expenses; and are not available for direct investment.
MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.
Investor Business Daily (IBD) is a registered trademark of Investor's Business Daily, Inc. Artisan Partners has paid a fee to IBD for the licensing and digital use of its logo in this press release. This payment does not constitute an endorsement of Artisan Partners by IBD or any of its affiliates. The views expressed in this press release are solely those of Artisan Partners and do not necessarily reflect the views of IBD or any of its affiliates.