Home>Video>Keep This Award-Winning Fund on Your Watchlist

Keep This Award-Winning Fund on Your Watchlist

Wed, 28 May 2014

Although currently closed to new investors, the managers of this 5-star, Gold-rated international fund have shown their willingness to reopen it after market dips.

+

Video Transcript

Greg Carlson: The Morningstar Medalist of the Week is Artisan International Value. This fund is run by David Samra and Dan O'Keefe.

Samra has been a manager on the fund since the fund's 2002 inception. O'Keefe joined him as an analyst on the fund at the beginning and was named a co-manager in 2006. The duo both worked as analysts under David Herro at Oakmark International previously for five years.

They run a concentrated portfolio of 40 to 50 stocks. They tend to be quite selective because they are looking for companies that have a good return on capital and good balance sheets that are selling at cheap prices. That's a fairly rare combination. They are looking for companies that have endured shorter-term issues.

Their emphasis on the higher-quality end of the value spectrum means that the funds tend to hold up better in down markets, particularly 2008. They won the Morningstar International-Stock Fund Manager of the Year award for 2008's performance. But the fund has also outperformed occasionally in rallies, such as 2013, when it again won the Morningstar International-Stock Fund Manager of the Year award.

The fund has been closed to new investors for much of the past seven years. However, the managers have been willing to reopen it when the assets start to flow out as they did after the 2008-09 bear market. This is a great fund. Watch out if it does reopen down the road.

  1. Related Videos
  2. Related Articles
  3. Comments
  1. 5 of Our Favorite Bogle Quotes

    As the Vanguard founder recently turned 85, we scoured our many interviews with him for some words of wisdom.

  2. Investors Give Bonds Another Go

    As rates have failed to rise as expected, investors have warmed back up to core bond funds, says Morningstar's Mike Rawson.

  3. Pockets of Opportunity in Equities

    Dr. James Breech of Cougar Global Investments explains why his firm's ETF managed portfolios are very overweight in equities now and where they have style-box exposure.

  4. Become a Better Index Investor

    Roundtable Report: Experts dig into the ETF versus index fund debate, active and passive strategies, fixed-income benchmarks, factor investing, and much more.

  5. Income Generation Top-of-Mind for CEF Investors

    A recent Morningstar survey found that current closed - end fund investors are using the vehicles for retirement income, but potential investors desire more education.

  6. 5 Bad Signs for a Bond Fund

    These warning flags merit further investigation from bond - fund investors, says Morningstar senior fund analyst Eric Jacobson.

  7. High-Quality Dividends at a Low Fee

    With a razor-thin expense ratio and 60% of its holdings sporting wide moats, this exchange-traded fund is suitable as a core holding.

  8. Don't Pay Alpha Fees for Beta Performance

    Hedge fund-replicating ETFs and mutual funds can provide investors with similar return characteristics at a much lower cost, says Index IQ's Adam Patti.

blog comments powered by Disqus
Upcoming Events
Conferences
Webinars

©2014 Morningstar Advisor. All right reserved.