Artisan International Fund Advisor Shares · NASDAQ:APDIX
Artisan International Fund Advisor Shares — Artisan Partners — Investor Presentation (2026)
13 slides from Artisan International Fund Advisor Shares's investor presentation, Sep 22, 2026
Slide 1: Q1 2026 Antero Peak Group — Investor Update
Q1 2026 Antero Peak Group — Investor Update This material is intended to provide an overview of the Antero Peak Group’s investment philosophy and process. Investment in any vehicle managed by the team is subject to further documentation contained in the vehicle's offering materials. This material is
Slide 2: Important Disclosures
Artisan Partners Important Disclosures These materials are provided solely for use in a private meeting and are intended for informational and discussion purposes only. Investment is subject to further documentation. This document is not a prospectus. Unless expressly stated, it has not otherwise be
Slide 3: Investment Results
Antero Peak Strategy Investment Results Average Annual Total Returns Calendar Year Returns (%) Source: Artisan Partners/S&P. Past performance does not guarantee and is not a reliable indicator of future results. Gross- and net-of-fees performance shown for the Composite. Current performance may be l
Slide 4: First Quarter 2026 Performance Summary and Market Commentary
Antero Peak Group First Quarter 2026 Performance Summary and Market Commentary Despite the volatility, the Antero Peak Strategy (net) managed to exceed the performance of the S&P 500® Index in Q1 This follows a net excess of return of 6.37%, and 2.73% in 2024 and 2025, respectively Since incep
Slide 5: Research Execution: Good Start to 2026
Antero Peak Group Research Execution: Good Start to 2026 Widespread Fundamental Strength Across the Portfolio Fundamental EPS revisions for a majority of our holdings continued to move materially higher in the first quarter, rising 5% in aggregate Large positive contributors included Caterpillar
Slide 6: Current Perspectives on the Fundamental Backdrop
Antero Peak Group Current Perspectives on the Fundamental Backdrop Uncertainty Reigns but Hard Data is Pointing to a Strong Earnings Backdrop The S&P 500® Index’s 2026 earnings are estimated to grow ~17%, accelerating throughout the year to an exit rate of 18% EPS estimates moved higher in Q1, w
Slide 7: Hard Data Points to Favorable Outlook
Antero Peak Group Hard Data Points to Favorable Outlook Macro Backdrop Supports Continued Equity Upside Earnings Momentum Appears Strong: S&P 500® Index EPS +13% (2025) and ~17% (2026E) with upward revisions accelerating Positive Revision Cycle Has Been Led By Leaders: Tech +25–40% earnings revi
Slide 8: 2026 Setup: Portfolio Positioned for Continued Value Creation
Antero Peak Group 2026 Setup: We Believe Our Portfolio is Positioned for Continued Value Creation Our Portfolio Satisfies the Key Pillars of Our Investment Process CHANGE IN ROIC: Currently modeling 600bps expansion through 2028 EARNINGS REVISIONS: Currently modeling 16% cumulative differentiati
Slide 9: The US: Shifting From Cyclical Recovery to Structural Reindustrialization
Antero Peak Group The US: Shifting From Cyclical Recovery to Structural Reindustrialization The US Outsourced Both Capacity and Capability—We See a Sharp Reversal A ~$3T manufacturing underinvestment has occurred since US and China trade normalized (2000 US-China Relations Act/China’s WTO entry)
Slide 10: Real World Evidence is Adding Up
Antero Peak Group Real World Evidence is Adding Up Tangible Examples of the US Manufacturing Inflection Capex Step-Change Is Observable: Manufacturing construction remains ~2–3X pre-2020 levels, with >$1.5trn announced and real investment growth ~7% vs. ~4–5% historically Energy & Industrial Bas
Slide 11: Investment Results
Antero Peak Strategy Investment Results Source: Artisan Partners/S&P. Past performance does not guarantee and is not a reliable indicator of future results. Gross- and net-of-fees performance shown for the Composite. Current performance may be lower or higher than that shown. Returns for periods les
Slide 12: Notes and Disclosures
Artisan Partners Notes and Disclosures This section of this presentation contains information important to a complete understanding of the material presented. Please review it carefully. Artisan Partners Limited Partnership (APLP) is an investment adviser registered with the U.S. Securities and Exch
Slide 13: Notes and Disclosures
Artisan Partners Notes and Disclosures Attribution quantifies the relationship between a portfolio's relative returns and the active management decisions differentiating the portfolio from the benchmark. CTR and Attribution are not exact, nor representative of actual investor returns due to several