Cambiar Small Cap Fund Investor CL — Cambiar Investors — Fact Sheet (July 2020)

2 slides from Cambiar Small Cap Fund Investor CL's fact sheet, July 2020

Slide 1: Cambiar Global Equity: Portfolio Attributes and Performance
W CAMBIAR GLOBAL EQUITY Portfolio Attributes 2Q 2020 > » 45-55 stock portfolio = Up to 15% (at cost) in emerging markets «Diversified across sectors, countries, regions = ‘Bottom up’ portfolio construction = Typical time horizon for holdings: 1-2 years Performance 20% + 15% + 10% + 5% 4 | om io i IL
Slide 2: Top Ten Country Allocations and Holdings; Firm Overview
Top Ten Country Allocations Top Ten Holdings Cambiar MSCI World Security Weight Sector United States 55.5% 65.4% Amazon 34% Consumer Discretionary France 11.1% 3.4% Marvell Technology 2.9% Information Technology Germany 10.6% 2.9% VMware 2.8% Information Technology Netherlands. 4.8% 1.6% Colgate-Pal