Artisan Global Equity Fund Advisor Shares (APDHX)

Overview

The entity in discussion is a fund that commits a minimum of 80% of its net assets, in addition to any funds borrowed for investment purposes, towards purchasing equity securities or similar economic instruments. This investment strategy emphasizes flexibility, allowing for investments both within the United States and internationally, including emerging markets and less developed areas. This broad mandate aims to capture growth across a wide array of geographies and investment vehicles.

Products and Services

The fund’s investment choices are diverse, targeting various forms of equity securities and instruments that offer different potential benefits and risk profiles. Below is a detailed description of the types of securities the fund may invest in:

• Common Stocks: Shares that represent ownership in companies, providing voting rights and a potential dividend income. Common stocks are fundamental to the fund’s portfolio, offering the potential for substantial growth.
• Preferred Stocks: These securities offer characteristics of both stocks and bonds. Preferred stocks typically provide fixed dividends and have priority over common stocks in dividend payments and liquidation, but usually do not come with voting rights.
• Convertible Securities: Bonds or preferred shares that can be converted into a predetermined number of common shares, usually at the discretion of the holder. This provides the potential for capital appreciation while minimizing downside risk.
• Depositary Receipts: A type of security, usually in the form of an American Depositary Receipt (ADR) for US investors, that represents a specified number of shares in a foreign corporation. This allows investors to easily invest in companies outside of their home country.
• Rights and Warrants: These are options that give the investor the right, but not the obligation, to buy common stocks at a specified price within a certain period. While they can provide significant leverage and potential for upside, they also carry a high risk of loss.