APFDX

About APFDX

Artisan Global Discovery Fund Investor Shares is an actively managed mutual fund focused on achieving long-term capital growth. The fund allocates its assets across a diversified portfolio of both U.S. and non-U.S. growth companies, primarily targeting small- and mid-cap stocks. Its investment approach employs fundamental analysis to identify businesses with strong franchise characteristics, benefitting from accelerating profit cycles, and trading below estimated private market value. The fund primarily invests in common stocks and equity securities, including depositary receipts, and seeks opportunities globally, with a notable portion of its holdings dedicated to foreign issues. This fund is managed by Artisan Partners and was launched in 2017. It plays a significant role in providing access to global small- and mid-cap equities, an asset class known for growth potential and geographic diversification. With assets under management that allow for nimble strategy execution, the fund offers annual distributions, but typically has a low dividend yield, reflecting its growth-centric strategy. Its relatively higher expense ratio is consistent with active management and the complexities of international and small-cap investing.