Fund Evaluator:

Cambiar International Equity Inv Overview

Cambiar International Equity Inv (CAMIX) is an actively managed International Equity Foreign Large Blend fund. Cambiar Funds launched the fund in 2002.

The investment seeks total return and capital preservation. The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of foreign companies. The Adviser focuses predominantly on medium to large market capitalization equity securities. In some circumstances, the fund purchases American Depositary Receipts ("ADRs") which are traded on U.S. exchanges and represent an ownership interest in a foreign security, rather than foreign shares that are traded on foreign exchanges, because the ADRs have greater liquidity or for other reasons.

About Cambiar International Equity Inv (CAMIX)

There are 4 members of the management team with an average tenure of 8.42 years: Masha Carey (2023), Robert Steiner (2023), Daniel Windoff (2023), Brian Barish (2002). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI EAFE NR USD index with a weighting of 100%. Cambiar International Equity Inv has 48 securities in its portfolio. The top 10 holdings constitute 29.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Cambiar International Equity Inv is part of the Equity global asset class and is within the International Equity fund group. Cambiar International Equity Inv has 95.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.6%. There is 95.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Cambiar International Equity Inv has 2.4% of the portfolio in cash.

Assets Under Management

The fund has $86 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CAMIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Cambiar International Equity Inv expense ratio is high compared to funds in the Foreign Large Blend category. Cambiar International Equity Inv has an expense ratio of 1.02%, which is 8% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Cambiar International Equity Inv has a portfolio turnover rate of 48%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.

Recently, in the month of July 2026, Cambiar International Equity Inv returned 2.2%, which earned it a grade of A, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Cambiar International Equity Inv has a trailing yield of 1.73%, which is below the 2.17% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Cambiar International Equity Inv Grades

Year to date, the fund has returned 3.8%, 7.8 percentage points worse than the category, which translates into a grade of F. The fund has returned 13.9% over the past year (grade of F), 12.0% over the past three years (grade of F) and 5.0% per year over the past five years (grade of F) and 5.1% per year over the past 10 years (grade of F).

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