The fund's investment team employs a fundamental research process to construct a portfolio of emerging market companies. Under normal circumstances, the fund invests no less than 80% of its net assets plus any borrowings for investment purposes at market value at the time of purchase in equity securities of issuers domiciled, headquartered, or whose primary business activities or principal trading markets are in emerging and less developed markets. It is non-diversified.

Nasdaq

APHEX

Under normal market conditions, the fund invests no less than 80% of its net assets plus any borrowings for investment purposes at market value at the time of purchase in equity securities or instruments that have similar economic characteristics. It will invest primarily in U.S. companies but may invest up to 20% of its total assets at market value at the time of purchase in non-U.S. companies, including those in emerging and less developed markets.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Max. Drawdown	Sharpe Ratio	Sortino Ratio	Omega Ratio	Martin Ratio	Calmar Ratio	Ulcer Index
APHEX	Artisan Sustainable Emerging Markets Fund	Emerging Markets Diversified	Jun 25, 2006	1.07%	1.16%	3.80%	0.49%
ARTNX	Artisan Select Equity Fund	Large Cap Blend Equities	Feb 28, 2020	1.26%	9.60%	—	0.43%

Artisan Mutual Funds List

Risk vs. Return Scatterplot