Artisan

Artisan Funds   Total Returns as of 2/15/08 Average Annual Total Returns as of 12/31/07 Price1 Change YTD2 1 Yr 3 Yr 5 Yr 10 Yr Inception3 $9.07 –$0.05 –5.82%   n/a n/a n/a n/a -3.70%2 $26.44 n/c –11.51%   19.73% 20.46% 21.59% 14.54% 15.08% $20.76 $0.02 –11.85%   25.38% 28.04% 33.88% n/a 27.27% $23.82 –$0.14 –6.66%   -0.67% 13.71% 24.95% n/a 24.90% $27.94 –$0.07 –9.70%   21.20% 13.18% 16.99% 15.74% 17.66% $17.65 –$0.02 –2.49%   1.65% 10.26% 18.27% n/a 13.68% $9.83 –$0.02 –5.39%   2.26% n/a n/a n/a 8.43% $15.36 –$0.12 –9.22%   3.31% 5.72% 15.67% 5.36% 9.19% $13.47 –$0.08 –2.81%   -5.98% 7.54% 16.19% 11.83% 11.85% 1Net Asset Value (NAV). 2Not Annualized. 3Global Value: 12/10/07. International: 12/28/95. International Small Cap: 12/21/01. International Value: 9/23/02. Mid Cap: 6/27/97. Mid Cap Value: 3/28/01. Opportunistic Value: 3/27/06. Small Cap: 3/28/95. Small Cap Value: 9/29/97. The performance quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in an Artisan Fund will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Artisan Global Value Funds return may vary greatly over short periods, and current performance may be materially lower or higher than the performance data quoted. Returns for periods less...