APHNX – Artisan Select Equity Institutional Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital growth. 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. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ARTNX	Artisan Select Equity Fund Investor Shares	No Load	Open			Feb 28, 2020	$7.37M	0.760%	Average	$1,000	−$978,682.94
APHNX	Artisan Select Equity Fund Institutional Shares	Institutional	Open			Feb 28, 2020	$82.55M	0.610%	Below Average	$1M	$6.60M
APDNX	Artisan Select Equity Fund Advisor Shares	Institutional	Open			Feb 28, 2020	$11.85M	0.660%	Average	$250,000	$6.94M

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