Skip to Content
US Videos

This World Stock Fund Is on Our Radar

Artisan Global Discovery invests in small- and mid-caps, and we expect solid risk-adjusted returns over the long haul.

Mentioned:

Greg Carlson: A fund on our radar right now is Artisan Global Discovery. This is a world stock fund that invests in small- and mid-cap stocks. There aren't many funds with this type of mandate, but this fund is run by a proven team with a long history of performing well with small and mid-cap stocks in general and more recently with global funds. They run Artisan Global Opportunities, Artisan Mid Cap Stock, and Artisan Small Cap. These funds all earn Silver Morningstar Analyst Ratings.

The managers tend to focus on companies with strong balance sheets and solid management, but they are willing to pay up for companies with strong growth in particular. However, they have done a good job of managing downside risk and valuation risk over the long term. They first started running Artisan Mid Cap in 1997, and that one has an excellent long-term record. The other funds have a shorter history under their current management team.

Greg Carlson does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.