The Artisan Developing World Fund (Investor Class) achieved an 11.09% return for the quarter ended March 31, 2024, outperforming the MSCI Emerging Markets Index’s 2.37%. Notably, strong performers included graphics semiconductor company Nvidia (NVDA), Indian online travel company MakeMyTrip (MMYT), and Southeast Asian e-commerce and gaming platform Sea (SE). Key contributors also encompassed Latin American online bank Nu Holdings (NU) and global payments leader Adyen (ADYEY). Conversely, Unity, Snap, Wuxi Biologics (OTCPK:WXIBF), JD Health (OTCPK:JDHIF), and HDFC Bank (HDB) negatively affected performance.