Mark Yockey, lead manager of Artisan International ARTIX and Artisan Global Equity ARTHX, managed to sell out of both funds' sizable stakes in German payment processor Wirecard AG WCAGY prior to the June collapse in the company's stock price. Yockey's timely exit illustrates his emphasis on business health and supports each strategy's Morningstar Analyst Rating of Bronze.
Artisan Global Equity Investor ARTHX
NAV / 1-Day Return
23.85
/
1.12
%
Total Assets
302.3 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.270%
Expense Ratio
1.270%
Fee Level
Above Average
Longest Manager Tenure
10.93
years
Category
World Large Stock
Investment Style
Large GrowthMin. Initial Investment
1,000
Status
Open
TTM Yield
0.00%
Turnover
138%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will ARTHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ARTHX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ARTHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ARTHX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Artisan Avoids Wirecard Disaster; Ratings Unchanged
