Description

The Cambiar International Equity Fund Investor Class has a dual objective: achieving substantial total returns while also safeguarding principal capital. The fund's primary strategy involves committing a minimum of 80% of its net assets, along with any leveraged funds, to equity securities of international companies. It primarily focuses on shares of foreign corporations that possess medium to large market capitalizations. Under specific circumstances, the fund may choose to invest in American Depositary Receipts (ADRs) – instruments traded on U.S. exchanges that signify an ownership stake in a foreign security – rather than directly purchasing foreign shares, often because ADRs offer enhanced liquidity or other advantages.