Artisan Select Equity Fund Advisor Class (APDNX)

Overview

This fund is focused on investing primarily in equity securities or instruments that exhibit similar economic characteristics, underlining a strategy that commits at least 80% of its net assets, in addition to any borrowings for investment purposes, to such instruments at their market value at the time of purchase. The strategy primarily targets U.S. companies but allows for up to 20% of its total assets to be allocated towards non-U.S. companies, including those situated in emerging and less developed markets. It's important to note that the fund is classified as non-diversified, meaning it may concentrate its investments more heavily in fewer issues than a diversified fund.

Products and Services

• Equity Security Investments

  At its core, the fund invests in equity securities which are mainly shares of stock in U.S. companies. These securities represent ownership interests in these companies and are selected based on a variety of factors to align with the fund's investment strategy and objectives.

• Similar Economic Characteristic Instruments

  The fund also delves into instruments that, while not being direct equity securities, offer similar economic characteristics. This includes derivative instruments or other financial products that mimic the behavior and risks associated with owning equity securities, providing the fund with additional flexibility and diversification in its investment approach.

• Non-U.S. Company Investments

  Up to 20% of the fund’s total assets may be invested in non-U.S. companies, including emerging and less developed markets. This provides a global exposure aiming to take advantage of international growth opportunities while also diversifying the investment risk across different geographic regions.