Artisan International Fund Advisor Shares · NASDAQ:APDIX
Artisan International Fund Advisor Shares — Artisan Partners — Investor Presentation (January 2024)
10 slides from Artisan International Fund Advisor Shares's investor presentation, January 2024
Slide 1: Antero Peak Group — Investor Update
Q4 2023 Antero Peak Group — Investor Update This is an offering of shares of an Artisan Fund and does not create a relationship between the investor and Artisan Partners. The Notes and Disclosures section of this presentation contains important information. Readers are encouraged to review it carefu
Slide 2: Quarter and Year in Review
Antero Peak Group Quarter and Year in Review Big Tech stocks, now better known as the ‘Magnificent 7’, dominated the market in 2023 and gained an incredible 76%. The S&P 500 finished the year up 26.3%, yet the equal-weighted S&P 500 gained just 13.9%. The Antero Peak Strategy returned 15.9%. O
Slide 3: Process Execution Was Encouraging
Antero Peak Group Process Execution Was Encouraging Remaining disciplined to our investment philosophy after an unusual year The benchmark itself was sized optimally, gaining 12x as much on winners than it lost on losers compared to a long-term average of 2.6x (a 3 standard deviation event from th
Slide 4: Portfolio Earnings and Market Outlook
Antero Peak Group Portfolio Earnings and Market Outlook Earnings estimates remain constant, though markets overall still face important risks The negative earnings revisions cycle that began 18 months ago is clearly maturing, yet risks remain. Fourth quarter’s estimates were cut 5% during the qu
Slide 5: Industrial Implications of Artificial Intelligence Expand Opportunity Set
Antero Peak Group Industrial Implications of Artificial Intelligence Expand Opportunity Set Power generation (legacy and renewable), electrical equipment, and cooling technologies are set to see an explosion in demand. This inflection is overlapping with our De-Globalization theme as we expect e
Slide 6: AI is also Driving a Collision of Cyclical and Secular Forces in Memory
Antero Peak Group AI is also Driving a Collision of Cyclical and Secular Forces in Memory We are at the edge of an AI-driven memory upcycle which has created a brand-new, more profitable market for DRAM players in the form of HBM or “high-bandwidth memory.” Unprecedented supply discipline from t
Slide 7: Multiple Exciting Areas to Execute our Process
Antero Peak Group Multiple Exciting Areas to Execute our Process Aero Normalization Aerospace is cyclically inflecting ahead of a long duration upcycle supported by NO CHANGE secular growth of the global middle class Companies: Boeing Co., General Electric Co., Howmet Aerospace, TransDigm Group, Saf
Slide 8: Investment Results—Average Annual Total Returns (Latest Quarter-End)
Artisan Focus Fund Investment Results—Average Annual Total Returns (Latest Quarter-End) Average Annual Total Returns Expense Ratios ARTTX Annual Report 30 Sep 2023 1.30% Prospectus 30 Sep 20221 1.25% 1See prospectus for further details. Past performance does not guarantee and is not a reliable indic
Slide 9: 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. Carefully consider the Fund's investment objective, risks and charges and expenses. This and other important info
Slide 10: Notes and Disclosures
Artisan Partners Notes and Disclosures (ROIC) is a calculation used to assess a company's efficiency in allocating capital to profitable investments. Earnings per Share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Standard deviation, or σ, is a stat
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