Commentary

Learn about the leading contributors and detractors for each of the Cambiar strategies as well the outlook for each portfolio.

Mutual Fund Investors

Cambiar Opportunity Fund - Commentary

Read about the leading contributors and detractors for the Opportunity Fund for the quarter.

Cambiar Small Cap Fund - Commentary

Read about the leading contributors and detractors for the Small Cap Fund for the quarter.

Cambiar International Equity Fund - Commentary

Read about the leading contributors and detractors for the International Equity Fund for the quarter.

Cambiar Aggressive Value Fund - Commentary

Read about the leading contributors and detractors for the Opportunity Fund for the quarter.

Institutional Investors

Cambiar Large Cap Value - Commentary

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

Cambiar Small Cap Value - Commentary

Read about the leading contributors and detractors for the Small Cap Value strategy for the quarter.

Cambiar International ADR - Commentary

Read about the leading contributors and detractors for the ADR portfolio for the quarter.

Market Commentary

Cambiar Investors - 4Q11 Commentary

Cambiar President, Brian Barish, CFA provides insight on 4Q11 and discusses the firms outlook for 2012

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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.