The fund invests at least 80% of its net assets in equity securities of small-cap foreign companies. The manager expects to invest in at least three different countries. The equity securities in which the fund invests are generally common stocks traded on foreign exchanges, although it may also purchase ADRs, which are traded on U.S. exchanges and markets and represent an ownership interest in a foreign security. The manager considers small-cap foreign companies to be those with market capitalizations not greater than either that of the largest company in the MSCI EAFE Small Cap Index or $5 billion.

Nasdaq

CAMFX

The investment seeks total return and capital preservation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of foreign companies. It focuses predominantly on medium to large market capitalization equity securities. In some circumstances, the fund purchases American Depositary Receipts ("ADRs") which are traded on U.S. exchanges and represent an ownership interest in a foreign security, rather than foreign shares that are traded on foreign exchanges, because the ADRs have greater liquidity or for other reasons.

CAMIX

The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks of small- to mid-sized companies. The adviser considers small- and mid-sized companies to be those with market capitalizations not greater than either that of the largest company in the Russell 2500 Value Index or $12 billion, whichever is greater at the time of initial purchase.

CAMMX

The fund invests primarily in a diversified portfolio of common stocks of companies with a market capitalization in excess of $10 billion at time of purchase. The Adviser constructs the fund's portfolio on a security-by-security basis, with the goal of building a portfolio that strikes a balance between the Adviser's conviction in an investment and portfolio diversification.

CAMOX

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks of small-cap companies. The Adviser constructs the fund's portfolio on a security-by-security basis, with the goal of building a portfolio that strikes a balance between the Adviser's conviction in an investment and portfolio diversification.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
CAMFX	Cambiar International Small Cap Fund	Foreign Small & Mid Cap Equities	Nov 17, 2014	1.03%	—	—	—
CAMIX	Cambiar International Equity Fund	Foreign Large Cap Equities	Sep 9, 2002	0.98%	4.61%	1.97%	1.64%
CAMMX	Cambiar SMID Fund	Mid Cap Blend Equities	May 31, 2011	0.93%	-1.62%	8.78%	0.71%
CAMOX	Cambiar Opportunity Portfolio	Large Cap Value Equities	Jun 30, 1998	0.85%	6.90%	10.02%	8.48%
CAMSX	Cambiar Small Cap Fund	Small Cap Blend Equities	Aug 31, 2004	1.10%	-4.61%	4.61%	1.11%

Cambiar Funds Mutual Funds List

Risk vs. Return Scatterplot