The net asset value of the Artisan International Value Fund fell by 0.53% during the quarter (investor class) while the MSCI EAFE Index fell by 1.24%.
Emerging markets performed slightly better, with modest gains led by technology-heavy markets in Taiwan and Korea.
Almost two-thirds of the stocks in the portfolio declined during the quarter, with nearly half falling by more than 10%.
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Dear Shareholder:
The net asset value of the Artisan International Value Fund fell by 0.53% during the quarter (investor class) while the MSCI EAFE Index fell by 1.24%. Over the last one, three and five years, the annualized returns for the
