%PDF-1.3
%
1 0 obj
<>
endobj
2 0 obj
<>stream
Monthly Commentary
Artisan Sustainable Emerging Markets Fund
ARTZX
Artisan Partners Sustainable Emerging Markets Team
Monthly Commentary—Artisan Sustainable Emerging Markets Fund (ARTZX)
Artisan Partners
Monthly performance commentary from the perspective of Artisan Partners Sustainable Emerging Markets Team.
© Artisan Partners. All rights reserved.
endstream
endobj
3 0 obj
<>>>
endobj
6 0 obj
<>stream
untitled
endstream
endobj
7 0 obj
<>
endobj
8 0 obj
<>
endobj
9 0 obj
<>stream
h{ݲfqysIUy67YC˱dV8)'QQ戤#Wc 8%s Fw'߾ǟ6?5['䐟73<}><帥v/o]
9/|7&= <yndf}~^X_YeW˖R9Py>ym1㏷O`OG?jq]~%]q[)7ɇ(}FrfcՋѿҁk<G
=Nj\~bM帆at_1 ;cyPxRQ6Y&l'mF)ړ͎?\:Xto^ODӔQ;}0)}r=i8Ƃ߭hҘmO;y˂2sN?pb6__v|'IE~:yIx[]ea+n:*nA]xT-
HZf>ԅ,CÉXwOXPyW8nqa:6_-Mcua@74x^7jz5ڨ7777^ꌯ?Cg|_f|M5Q]oX\Oδ
j|͇ۛͷ`H`tgf?{Ob~.ߟgm
'_[5^wlWdY &}s8ɺ3[bĢc,A)SQ+UXŚQZټѓjw'[t7 B<
40>TtDIG^d {YRj+
wa~xG/: nΙF2b-"6>/2
1g[OEq:e\
%tX xEz'Efjgk xxx=ʷnW5`3
PH8q?wMD[ J2jCnAρ)Bxk%]V
ݷu>0aM9fS ݥ\
%I;ڜo}f0Ok5<[k5jʓ;Y-!$=,WX"hyXLc->
Ήa)R!E,5zeMF#lR&"5*oF7iOSrtӕMs76kGE:}}0&b%uI^p{y/Y5~qWDzUـ|ӭYͥ|ϐ_oO%HXdIo|
6*8VD#
OZUc_]*bƾ$xO/Qb}N^ϢߌWBRs鳆zIP@ 564hUwST,M
"ήZ!U|,(3JjwEU^2Yna08AFݮW TE%DzXD,:!]QUcU3=`e*~PO'ɔȢ?f/DR8c)1b;Q]
9V>ڮEiēBv|AVV=Ń&F-c74
lddKMʌa?w?vr5}zn|EwL3$$SͲ5>Ame忈mQ3+@QJx፦n=iXbj?>X[yu6}E/ﶣY?kkG9W}GuT$$^e-yDyUt?frMׇׄW7UugCB8n-X^sq
u+݊+w+z*/1e~:G3{t-O\foq7.f\ۉ4|-~5⊞v(Yֱ5MȀ.Bewr5xtK7?+Ofq^ CW^}6'rj?F6lVA(j-{_A>4$8mmq$T5J
ZIl雧&o|)UGڑK2=~7O8|Λ~ѧOo?$OϟL)%״0?zɛ\w]OD%vAG}zϿ &?|G߽Jզw h[4's~OG1╟2
W?I7l'%BV@9` ӑ?dո
,
e-$o55RvNxX:'9ɾX
s5Yy.nͳTvG¯`Jb cBTYٍ#dyF"
[IvI+Zd$% /Nr@ʜpLɍ6S
gIbkYqk&+MM|[WIʗ
St8(d*`+#KWOOrɡ>͖95Yf:S.&<#O7'9Yn`.aV "69.QdugKX<#+`[% "l_oN5Г?NHEt|tr|
/<Ω~YL_r3Nsf57hD-HLq-^u:}67λ
C??A4/ش빟_ܤnKnb{*WЃu~Q=,xm]FV\}m"[BvAgzPg{rQ׃gJ)vvc\]0~^N֏d7(5|5o?=}7" dNe|oiEߊM:2uTPzxYsq Rz}}Zs&;ewyW:.z%W(?p__{y)wͦiӚ*o /jp4$:E-\rqp_\ºzrq%6v䚚'<I}mH
D.- ;*ObVŖ
$qt
Ĉ~9i..-7g+wAHxzk0Z=`Ӣnփ{Za$Q{i$HȆYߧ{.dŒ-Mxo{z=pVQ˝yk)/*"t_<)q@}r(ָ̌vZBl {-"1< lWږ}j^Z@^P-bwtZC؊}
qW㺦EeMa'\vўwۨlh1Ɏz[ps笑=cAeWKA"v3Ԑt܊p3֨:0۞2?mN\+$W1ɆQ=
-x2:nBgl{Ŕ|]!y1XBm4OJZE9G~g?Xw_!f˦|@Ve_!D/ޕW VDu^TѬ~q3hbm) BbY*SzP7|( skQx
qso!?/~;_^fS[sd?Ύ :69bw{"u$-=BuB=O XVH<2+純B]_!]Ȇr_!+{E˰hvY^|GAG x
m|ȃT=| [jp9BVWUr8\{&+`OQKq 9T^Alc
+`hJIY-`Wk2 C˧y@
nGU,^+_WmN:aUR\bp;%#S{܂aKJvKaΕnP+z9&0jRh-at 5}u]Bb-Ҟ76y+PvUԳUipq+bA}}7BàZEZeSQaodť*Fo/:/Vv"b=ҋ^.:wM yกq詞 zM51rx!d1.ĎZL@m
չlسכ ^̺XDQSv误U۲D߉i|Eؑ2PzǎUZE,58Dg{~@E">2nyz0.hǧirV9iw^S/^tС+b1?؟'5EEs;|˞C
Ct hkZn9U2zxiE6k"B5mGD~\-I,(mq8\f`^6Ncӵ"^h;+gդRbPܼHo
⤿oX1Wvԗ8_*ʶLsAj8:tE@fjb.wPX_\:rEΈ)Q+->dDXEEgm271R\N$Laaz}Ab\y6p&P6g_%{aXkv{] G