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Antero Peak Group Portfolio Manager Chris Smith recently joined Canadian Pacific’s EVP and CFO Nadeem Velani to discuss the shift towards domestic supply chains and how the railroads are positioned to dramatically expand their reach.

This Peak Insights replay represents the views and opinions of Chris Smith and Nadeem Velani as of 8 June 2022, which are based on current market conditions, will fluctuate, and are subject to change without notice. While the information contained herein is believed to be reliable, there no guarantee to the accuracy or completeness of any statement in the discussion. This material is for informational purposes only and should not be considered as investment advice or a recommendation of any investment service, product or individual security. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation.

Investments will rise and fall with market fluctuations and investor capital is at risk. Past performance does not guarantee future results.

For the purpose of determining the portfolio’s holdings, securities of the same issuer are aggregated to determine the weight in the Strategy. The holdings mentioned above comprised the following percentages of a representative account within the Antero Peak Composite’s total net assets as of as of 31 Mar 2022: Canadian Pacific Railway Ltd 3.0%. Securities named in the Commentary, but not listed here are not held in the portfolio as of 31 Mar 2022. Portfolio holdings are subject to change without notice. The discussion of portfolio holdings does not constitute a recommendation of any individual security. This is not a research report and should not be considered a recommendation of any individual securities product or service. In no event shall Artisan Partners have any liability for direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) losses or any other damages resulting from the use of this material.