Media

Finding Gems in the Trash Heap (Financial Advisor Magazine)

Financial Advisor shines a spotlight on the impressive track record of the Pzena Emerging Markets Value Fund (PZIEX) in a recent interview with President and Portfolio Manager Allison Fisch. The article highlights Pzena’s deep value philosophy, research-based process, and goal of finding good companies at discounted prices – noting how value investing works well in emerging markets.

Click here to read the Financial Advisor article

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Performance data quoted represents past performance; past performance 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. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 844.PZN.1996 (844.796.1996).

Click here for standardized performance for PZIEX.

Ambev SA was 4.04% of the assets owned in the Pzena Emerging Markets Value Fund as of 06/30/2023. Holdings are subject to change and are not a recommendation to buy or sell any security.

Before you invest in Pzena Funds, please refer to the statutory and summary prospectuses for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectuses by calling 1-844-PZN-1996 (1-844-796-1996) or by clicking on statutory prospectus or summary prospectus . The prospectuses should be read carefully before you invest or send money.

Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities involve political, economic and currency risks, greater volatility and differences in accounting methods. These risks are greater for investments in Emerging Markets. The fund may have emphasis on a specific sector which could adversely affect a fund to a greater extent than if its emphasis was less. The fund may invest in securities which are less liquid and more difficult to sell than more liquid securities. Investments in REITs are subject to the risks associated with the direct ownership of real estate. The Fund emphasizes a “value” style of investing, which targets undervalued companies with characteristics for improved valuations. This style of investing is subject to the risk that the valuations never improve or that the returns on “value” securities may not move in tandem with the returns on other styles of investing or the stock market in general.

The Pzena Funds are distributed by Quasar Distributors, LLC.