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

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

Slide 1: Cambiar International Equity Fund
VW CAMBIAR INTERNATIONAL EQUITY FUND PORTFOLIO ATTRIBUTES FOCUSED INTERNAL RESEARCH 1Q 2021 40-50 stock portfolio Rigorous Equity Underwriting — Goal in evaluating Diversified portfolio that invests primarily in opportunities/risks/stock valuations international large-cap companies Capital Stewardsh
Slide 2: Top Ten Country Allocations, Sector Weighting and Cambiar Overview
TOP TEN COUNTRY ALLOCATIONS SECTOR WEIGHTING Cambiar MSCI EAFE Comm. Services Germany 15.3% 9.5% onnlictinny — a : : C nn =x United Kingdom 14.7% 13.4% onsumer “ les nergy France 13.8% 11.1% : a — Switzerland 8.3% 9.2% Latha Japan 7.8% 24.8% us $a Netherlands. 7.0% 4.7% hiomtionechy = Spain 6.6% 24%