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Cambiar Investors - 1Q12 Commentary

Cambiar President Brian Barish provides his update on the first quarter of 2012 as well as an outlook for the remainder of the year.

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Cambiar Investors - Japan's Tohoku Earthquake: One Year Later

Read Cambiar's perspective on Japan and their economy, one year after the horrible earthquake.

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Cambiar International ADR - Fact Sheet

Read about the performance, characteristics and portfolio breakdown for this international strategy.

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Cambiar Large Cap Value - Commentary

Read about the leading contributors and detractors for the Large Cap Value portfolio for the quarter.

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Cambiar Small Cap Value - Fact Sheet

Read about the performance, characteristics and portfolio breakdown for the small cap value strategy.

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Commitment To Our Clients For Over 39 Years

If someone could truly predict the economic future, investing would be easy. But in any investment climate, the only safe forecast is that conditions are going to change. Cambiar (in Spanish – ‘to change’) was founded in 1973 with this fundamental belief as its cornerstone and namesake.

Dedication to our clients has been the key to our long-term success and growth; providing high-quality investment management is our sole focus at Cambiar. Pursuing superior long-term performance, in tandem with responsive client service, is a mantra that is shared by all of our employees - from the investment team, to trading, operations, compliance and marketing.

Mutual Fund Performance
Nav's For May 16, 2012
Symbol	Nav	MTD(%)	YTD(%)
CAMOX	$16.64	-7.04	-0.18
CAMSX	$17.05	-9.12	1.85
CAMIX	$17.91	-8.34	2.23
CAMAX	$9.61	-12.16	-7.33
CAMMX	$8.80	-7.95	2.56
CAMGX	$10.18	-8.04	0.89

For standard performance, please click on the respective Fund's ticker symbol in the performance chart.

Address

2401 east Second Avenue
suite 500
Denver CO 80206
Main: 303.302.9000
Toll Free: 888.673.9950

Performance data quotes are past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end, please call 1-866-777-8227.

Mutual fund investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility and international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Emerging markets involved heightened risks related to the same factors as well as increased volatility and lower trading volume.

To determine if a Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Fund’s prospectus which can be obtained by clicking here or calling 1-866-777-8227. Please read it carefully before investing. There is no guarantee that the Funds will meet their stated objectives.

Cambiar Funds are distributed by SEI Investments Distribution Co., Oaks, PA 19456, which is not affiliated with the Advisor.

Cambiar Funds are available to US investors only. Strategies included within the Institutional Investor offer are not mutual funds and are not affiliated with SEI Investments Distribution Co.