Artisan Global Discovery Fund Advisor Shares (APDDX)

Overview

The fund operates with a keen focus on identifying growth-oriented companies both in the U.S. and abroad. Utilizing a fundamental investment strategy, the team behind the fund meticulously constructs a diversified portfolio that spans across a wide spectrum of capitalizations. Central to their investment philosophy is the pursuit of companies that not only possess strong franchise characteristics but are also positioned to benefit from accelerating profit cycles. Moreover, the fund places a significant emphasis on identifying investments that are perceived to be undervalued relative to their private market valuation, targeting them at a discount. This approach underscores a diligence to not just growth, but also to value, marrying the two in a bid to optimize investment returns.

Products and Services

• Common Stocks

The fund invests in common stocks of companies that exhibit growth potentials across both U.S. and non-U.S. markets. This includes a priority on companies that have strong franchise values, are in an accelerating phase of their profit cycle, and show a discrepancy between their trading price and estimated private market value. This investment vehicle offers investors a pathway to equity growth in businesses with solid foundations and promising futures.

• Other Equity Securities

Aside from common stocks, the fund broadens its investment horizon by incorporating various other equity securities into its portfolio. This category includes, but is not limited to, preferred stocks, convertible securities, and equity warrants. The inclusion of these securities is aimed at diversifying investment risks and optimizing the potential for returns. Just like with common stocks, the focus is on securities that are undervalued yet have strong growth prospects.

• Depositary Receipts

The fund extends its reach to international markets through investments in depositary receipts. These instruments allow the fund to own shares in foreign companies, providing a convenient and effective way of diversifying its investment portfolio geographically. By including depositary receipts, the fund taps into the growth potential of companies outside the U.S. that align with its investment criteria of undervaluation, strong franchise characteristics, and an accelerating profit cycle.