%PDF-1.4
%
1 0 obj
<>
endobj
2 0 obj
<>stream
Monthly Commentary
Artisan Select Equity Fund
ARTNX
APDNX
Artisan Partners Global Value Team
Artisan Partners
Monthly Commentary—Artisan Select Equity Fund (ARTNX, APDNX)
Monthly performance commentary from the perspective of Artisan Partners Global Value Team.
© Artisan Partners. All rights reserved.
endstream
endobj
3 0 obj
<>>>
endobj
4 0 obj
<>
endobj
5 0 obj
<>/Parent 4 0 R/MediaBox[0 0 612 792]>>
endobj
7 0 obj
<>stream
x}r\Gv;=f鷖zSQ;d? A`Ħcb>Od9y({F<{\_WƬ&W_|}^=6#o&C?L6d/9MX[R0Wq̛7C1Lߩ,MeL4hW~lqJ6+vF{ГaUoJ@MD_jI>CO3{:l 'Oɉa$U矄.xք@L)g3.|jDMh|՜!~'*y51OxC&38y1n&pY
0ioqmJZ1HfJ0Z7> $9yc`GHO܀DŽT4mj
R$f#ThVN㭙_k-k7r|6`7L@MAȐtzpd!lP$HأÊEˁyxibc=rZ0 ԌVm`n44K\Bl@qlrRcx $ )lR.],Ke%å2DI9#6H ®І $9
сD.wHl`@K[N3g6ِpMDe%`7 \1a5
] GGUC0x0ZT_E>)@`6"QE_e9"0Sƍ[ŌŘxq!*ظ&&*T\T
1UQ;MАs\@J#PΑk1$x,DK8Њ+CG4fCA@Ls -i j-HPM a6
0c>`l"~boâ\@K8TvjNh RP@V7@%hРzd葔i@ItH *>_*L:L =džTC0N 2
*@2:çYșӡ\4(b s`nhi0hY$mYwH~`H iȾi8QR8Zlӱ qd`) FS51ܼJ
F
71Rң@p+JYYAK]7U90mQ
)h8`l@s\$ȱG6
si/l@fr?Y`5D/=>VLL-
5 d_1@C}* A*h
3mlCPݖCh)SF#XI[dT9D96Q5NEJ=V#I9#`nͥ٨yIk2e!%TzA y z,آWP ĄC7IJztx
䨹P}5C[
-C_~gӠL}6QF $lXJN))^%{IhlSU|"ЂW\st0ꖴH3*E;EԜ5ֽԂbf:h\Xϊd#\`|gYy]{BE3ԲnZQg⨯&
gAX0 ÜA0@Ufz^I
^#{4l|A`0$T4EBU*x((Lzyw(#zw|;\7Lfɑlj/T:NdCJN$:DSN㺤]KR?rù3泃uA`͗a 0BB<@QwrqC'*U<4S͡] dyXC9WtA]i !Bo|k ) 2Ũqk#4[Q=B
\Tߐchu!ơ\io
D^(9->|M+$E\NX2< \U #hGaF 9JVżGl9+ -O9 !ż+2pk&4x8I `PgqCph0QWs!9)[*B,UB9T6G/X$
B0.7X[s+ 8BHl>kl[gYDQ[ b w)w{<$^6)k:R17,9Saw6ڹd0pǦS &A8
$l=t+ӁRg:Arx:xbWMѫL(@|ΨAf9o8 H hGL%'Ydn$;C͡S0QԏTphvKўtY^2".ޥ9 c]رl@ZnzNBpB(C83Y*P֜ ƕ<@54-$9 ~-*NBV!"H9u6a<5VETV)R` 5V`˃AZ^{#9RUEmA)u){X|A@<stZ }zNh
8
4XM=@.C1u}e%:fIwP!)I?Њ#ի>Ho_i?4eRBY2o? /R0$\:9X_ZZE+~% Va\ ֗?#@#lF~~8DOIp #qJ&>y}?K.w^&:|a
inuo2w}!c {(q̍ƺ_/ 4W$C-]Ot!'p+ +ێ=L`1FrSf2Su06 »\pptmt4K'Sh>+c3ǘe$im$?1ܽpRnovAYe-t
Wk)3IG9 )AXEI.<0ɬ 4M!vE̓tvf6̸JU*ê=?A\"W| @2ui]fӗkӮ4C9'dPDEԕPp-yAxfۚ7xf{ZjzkV&M)։7Fb9WiJh0KøXOfb`