Artisan International Fund Advisor Shares · NASDAQ:APDIX
Artisan International Fund Advisor Shares — Artisan Partners — Q3 2026 Earnings Presentation
14 slides from Artisan International Fund Advisor Shares's earnings presentation, October 2026
Slide 1: Artisan Partners Developing World Team
Q3 2026 Artisan Partners Developing World Team Artisan Developing World Strategy This material is intended to provide an overview of the Developing World team's investment philosophy and process. Investment in any vehicle managed by the team is subject to further documentation contained in the vehic
Slide 2: Important Disclosures
Artisan Partners Important Disclosures This document is not a prospectus. Investment is subject to further documentation. Unless expressly stated, it has not otherwise been registered with, or approved by, any regulatory authority in any jurisdiction. This material is for informational purposes only
Slide 3: Portfolio Positioning
Artisan Partners Developing World Team Portfolio Positioning Disproportionate equity outcomes Correlation stocks For illustrative purposes only and not representative of all portfolio positioning. ARTISAN PARTNERS 2
Slide 4: Build: Target the Right Consumers
Artisan Developing World Strategy Build: Target the Right Consumers Modern population clusters with formal employment and access to credit Consumer Alignment Constraint: Limited ecosystems for capital formation, employment growth, income growth, penetration growth Solution: Subset of consumers tied
Slide 5: Build: Deliver the Right Products
Artisan Developing World Strategy Build: Deliver the Right Products Aspirational products and foundational technologies can meet the needs of modern population clusters Demand Fulfillment Constraint: Modern population clusters need incentive to consume Solution: Aspirational products, foundational t
Slide 6: Build: Business Model Emphasis
Artisan Partners Developing World Team Build: Business Model Emphasis Scalable businesses are best positioned to capture profit pools and create disproportionate equity outcomes • Significant revenue velocity in proportion to fixed costs • High incremental margins Single scalable platform Platform f
Slide 7: Preserve: Value Pathways
Artisan Partners Developing World Team Preserve: Value Pathways Replenish stores of value, while creating and retaining DEO* potential Correlations Blossoms Residuals Replenish stores of value in Create new avenues for Retain core position and existing correlation stocks, disproportionate equity dis
Slide 8: Build: Correlation Stocks
Artisan Developing World Strategy Build: Correlation Stocks Complementary investments, providing staying power to pursue *DEOs Lightly scalable businesses with lower revenue velocity (V) Non-scalable businesses with higher variable cost structures (RMS, HDFC) Source: Artisan Partners. This is pr
Slide 9: Investment Results (USD)
Artisan Developing World Strategy Investment Results (USD) Average Annual Total Returns Calendar Year Returns (%) Source: Artisan Partners/MSCI. Past performance does not guarantee and is not a reliable indicator of future results. Gross- and net-of-fees performance shown for the Composite. Current
Slide 10: Selected Holdings — Q3 2026
Artisan Developing World Strategy Selected Holdings — Q3 2026 Top Contributors CrowdStrike benefited from rising demand for AI-related security as agent proliferation creates an increasingly challenging cyber environment, CrowdStrike and as the company shows evidence that the heightened AI threat en
Slide 11: Market Outlook
Artisan Partners Developing World Team Market Outlook India AI development ARTISAN PARTNERS 10
Slide 12: Q&A
Q&A ARTISAN PARTNERS 11
Slide 13: 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. Artisan Partners Limited Partnership (APLP) is an investment adviser registered with the U.S. Securities and Exch
Slide 14: Notes and Disclosures
Artisan Partners Notes and Disclosures The index(es) are unmanaged; include net reinvested dividends; do not reflect fees or expenses; and are not available for direct investment. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to an