The International Equity ADR portfolio is designed to identify compelling investment opportunities that possess the desired combination of attractive valuations and potential for multiple expansion. Cambiar’s quality and value bias will result in portfolio overweight to developed markets, subsequent underweight in emerging markets.
The strategy is constructed by Cambiar’s eight-person international investment team.
Jennifer M. Dunne, CFA
|Top 10 Holdings||% Weight|
|Sumitomo Mitsui Financial||2.8|
|Canadian Natural Resources||2.4|
|Royal Dutch Shell||2.3|
|% of Total||25.8|
|Market Cap Wtd Avg||65.3 B||61.0 B|
|Market Cap Median||44.2 B||11.2 B|
|Sector Weights||Cambiar||MSCI EAFE|
|Top 5 Countries||Cambiar||MSCI EAFE|
|Risk Statistics*||Cambiar||MSCI EAFE|
Certain information contained in this communication constitutes “forward-looking statements”. Due to market risk and uncertainties, actual events or results, or the actual performance of Cambiar’s client accounts may differ materially from that reflected or contemplated in such forward-looking statements. All information is provided for informational purposes only and should not be deemed as a recommendation to buy the securities mentioned. There is no guarantee that the opinions expressed herein will be valid beyond the date of this presentation. There can be no assurance that the portfolio will continue to hold the same position in companies described herein, and the portfolio may change any portfolio position at any time. The specific securities identified and described do not represent all of the securities purchased, sold, or recommended by Cambiar and the reader should not assume that investments in the securities identified and discussed were or will be profitable.
DOL Disclaimer: These materials are intended for use by sophisticated parties as described in Section (c)(1) of the Department of Labor’s Fiduciary Rule, 81 Fed. Reg. 68, at 20999 (April 8, 2016). In connection with the sale of our products and services, we are not undertaking to provide impartial investment advice or to give advice in a fiduciary capacity for purposes of the Employee Retirement Income Security Act of 1974, as amended or section 4975 of the Internal Revenue Code of 1986, as amended. While we have a financial interest in the sale of our products and services because we earn revenue once we are hired, we do not receive a commission, fee or other compensation directly for the provision of investment advice (as opposed to other services) in connection with any such sale.