Artisan Developing World Fund Q2 2025 Commentary

Artisan Partners
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Summary

  • Artisan Developing World Fund (Investor Class) returned 14.40% for the quarter ended June 30, 2025, versus 11.99% for the MSCI Emerging Markets Index.
  • Since June 30, 2015, the Artisan Developing World Fund has returned 192.04% cumulatively, versus 60.03% for the MSCI Emerging Markets Index.
  • Top contributors to performance for the quarter included MercadoLibre, CrowdStrike, Nu Holdings, Sea and ARM Holdings.
  • Bottom contributors to performance for the quarter included Meituan, PDD Holdings, KE Holdings, LVMH, and Kanzhun.

glass globe and money

PonyWang

Dear Fellow Shareholder:

Market Backdrop

The Artisan Developing World Fund (Investor Class) returned 14.40% for the quarter ended June 30, 2025, versus 11.99% for the MSCI Emerging Markets Index (all returns in USD unless stated otherwise), marking the 10-year anniversary of the Artisan Developing World Fund. Since

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Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies in growing asset classes to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners’ autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes. Strategies are offered through various investment vehicles to accommodate a broad range of client mandates. This site is intended for use with US institutional investors which includes corporate and public retirement plans, foundations, endowments, trusts and their consultants. Note: This account is not managed or monitored by Artisan Partners, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use the firm's official channels.

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