Cambiar Small Cap Fund Investor CL — Cambiar Investors — Fact Sheet (April 2021)

2 slides from Cambiar Small Cap Fund Investor CL's fact sheet, April 2021

Slide 1: Cambiar Europe Select ADR
” CAMBIAR EUROPE SELECT ADR PORTFOLIO ATTRIBUTES FOCUSED INTERNAL RESEARCH 35-45 stock portfolio Rigorous Equity Underwriting — Goal in evaluating Diversified portfolio that invests primarily in opportunities/risks/stock valuations large-cap companies domiciled in Europe Capital Stewardship & Discip
Slide 2: Top Ten Country Allocations and Sector Weighting
TOP TEN COUNTRY ALLOCATIONS SECTOR WEIGHTING Cambiar MSCI Europe Comm. Services France 20.6% 17.7% Consumer Discretionary Germany 18.5% 15.1% Consumer Staples United Kingdom 16.5% 21.4% Energy ee Netherlands 13.0% 7.5% Financials . , Health Care es Switzerland 10.1% 14.6% — Industrials j iA O/ Spain