15 July 2021

San Francisco. Artisan Partners announced today that it will close the Artisan Non-US Small-Mid Growth Strategy, including the Artisan International Small-Mid Fund (Investor Shares: ARTJX, Advisor Shares: APDJX, Institutional Shares: APHJX), to most new investors effective 30 July 2021. The Strategy will remain open to existing investors and investors who satisfy certain new account eligibility requirements.

The Non-US Small-Mid Growth Strategy is managed by Portfolio Manager Rezo Kanovich. The Strategy had approximately $9 billion in assets under management as of 30 June 2021, including approximately $6 billion managed in the International Small-Mid Fund.

Artisan Partners CEO Eric Colson said, “Our approach to opening or closing strategies is an important tool in protecting the integrity of each team’s investment process. Rezo and his team have successfully delivered strong performance results for clients, which has led to accelerating investor cash flows. To preserve the team’s ability to achieve its investment objectives, we believe now is the right time to limit new investments in the strategy.”

Further details regarding Artisan International Small-Mid Fund’s closing are described in the prospectus.

Investment Risks: International investments involve special risks, including currency fluctuation, lower liquidity, different accounting methods and economic and political systems, and higher transaction costs. These risks typically are greater in emerging markets. Securities of small- and medium-sized companies tend to have a shorter history of operations, be more volatile and less liquid and may have underperformed securities of large companies during some periods. Growth securities may underperform other asset types during a given period.


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