Cambiar International Equity Fund Investor Class (CAMIX)

Overview

The fund highlighted operates predominantly in the international equity market, focusing on investment in foreign companies. By dedicating at least 80% of its net assets, in addition to any funds borrowed for investment purposes, towards equity securities of foreign entities, it aims to provide investors with substantial exposure to international markets. The strategy primarily targets medium to large market capitalization equity securities, indicating a cautious yet growth-oriented investment approach. The fund is managed by an Adviser with a discerning focus on select investments, which shows a strategic orientation towards achieving potential returns through a diversified international portfolio.

Products and Services

• Equity Securities of Foreign Companies

  These constitute the bulk of the fund's investments, focusing on companies based outside of the United States. The investment in equity securities includes stocks in foreign companies that are expected to have growth potential. The strategy of targeting medium to large market capitalizations enables the fund to invest in companies with established operations and a significant presence in their respective markets, likely contributing to a balance of growth potential and risk mitigation.

• American Depositary Receipts (ADRs)

  As part of its investment diversification strategy, the fund also invests in ADRs, which are U.S.-traded securities representing a specified number of shares in a foreign corporation. These instruments provide the dual advantage of offering ownership interest in foreign companies while being traded on U.S. exchanges. Opting for ADRs can enhance liquidity and potentially reduce transactional and operational risks associated with direct investments in foreign market-traded shares. The decision to invest in ADRs versus direct shares is influenced by factors such as liquidity levels and operational considerations.