497 1 c62314_497.htm

ARTIO GLOBAL FUNDS

Artio Global Equity Fund, Inc.

 

Supplement dated July 23, 2010 to the

Prospectus dated March 1, 2010

 

Effective July 23, 2010, Dimitre Genov a member of the Artio Global Equities investment team since 2009, joined Rudolph-Riad Younes as a portfolio manager of the Artio Global Equity Fund, Inc. (“Global Equity Fund”). Mr. Genov is assuming responsibilities from Keith Walter. Effective immediately, all references to Mr. Walter in the prospectus are deleted.

 

In the section entitled “Fund Management” on page 73, the table is replaced with the following:

 

Portfolio Manager/
Fund Title

Since

Primary Title with
Investment Adviser

Rudolph-Riad Younes, CFA

Vice President

July 2004

Director and Head of International Equity and Head of Global Equity

Dimitre Genov

July 2010

Vice President

 

In the section entitled “Portfolio Management of the Funds” on page 127, the first paragraph is replaced with the following:

Rudolph-Riad Younes, CFA, portfolio manager of International Equity Fund (since 1995), International Equity Fund II (since 2005), and Global Equity Fund (since 2004). Mr. Younes is a Director and Head of International Equity (since 2002) and Head of Global Equity (since 2007) of the Adviser.

 

In the section entitled “Portfolio Management of the Funds” on page 127, the following language is added:

 

 

Mr. Genov

IEF

 

IEF II

 

TRBF

 

GHIF

 

Microcap

 

Smallcap

 

Midcap

 

Multicap

 

GEF

X

 

Dimitre Genov, serves as portfolio manager of the Global Equity Fund (since 2010). Mr. Genov is a Senior Portfolio Manager/Analyst of the Adviser (since 2009). Prior to joining the Adviser, Mr. Genov was a Portfolio Manager/Senior Analyst at JP Morgan (2005-2009) and a Vice President at Lazard LLC Investment Banking (1994-2005).

 

ARTIO GLOBAL FUNDS

Artio Global Equity Fund, Inc.

 

Supplement dated July 23, 2010 to the

Statement of Additional Information dated March 1, 2010

 

Effective July 23, 2010, Dimitre Genov a member of the Artio Global Equities investment team since 2009, joined Rudolph-Riad Younes as a portfolio manager of the Artio Global Equity Fund, Inc. (“Global Equity Fund”). Mr. Genov is assuming responsibilities from Keith Walter. Effective immediately, all references to Mr. Walter in the Statement of Additional Information are deleted.

 

In the sub-section entitled “Portfolio Managers” within the section entitled “Management of the Funds” on page 61, the following language is added:

 

Effective July 23, 2010, Mr. Genov joined Mr. Younes as a portfolio manager of the Global Equity Fund and is jointly responsible for the day-to-day management of the Global Equity Fund. The information provided below is as of March 31, 2010. Mr. Genov is responsible for advising the following types of accounts:

 

Portfolio Manager

Registered Investment Companies

Pooled Funds

Other Accounts

 

Number of
Accounts

Total Assets of
Accounts Managed
($million)

Number of
Accounts

Total Assets
of Accounts
Managed
($million)

Number of
Accounts

Total Assets of
Accounts Managed
($million)

Global Equity Fund

 

 

 

 

 

 

Dimitre Genov

1

$86

3

$294

4

$549

 

Other Accounts Managed with a Performance-Based Advisory Fee (as of March 31, 2010), a subset of the prior table.

 

Portfolio Manager

Registered Investment Companies

Pooled Funds

Other Accounts

 

Number of
Accounts

Total Assets of
Accounts Managed
($million)

Number of
Accounts

Total Assets of
Accounts Managed
($million)

Number of
Accounts

Total Assets of
Accounts Managed
($million)

Global Equity Fund

 

 

 

 

 

 

Dimitre Genov

0

$0

0

$0

0

0

 

Portfolio Manager Compensation (as of June 30, 2010)

 

 

Structure of Compensation
for

Managing

Specific Criteria

Difference in Methodology of Compensation with Other Accounts Managed (relates to the “Other Accounts” mentioned in the chart above)

Global Equity Fund

Dimitre Genov

Salary

Fixed Compensation

None

 

Bonus

Performance

 

 

Deferred Compensation*

Performance

 

*Deferred Compensation includes shares of the Adviser’s parent company as well as shares of the Artio Global Funds.

 

 


 

 

Beneficial Ownership by Portfolio Managers (as of June 30, 2010)

 

Name of Portfolio Manager

Beneficial Ownership

Dimitre Genov

Artio U.S. Multicap Fund

$1-$10,000

 

Artio U.S. Microcap Fund

$1-$10,000

 

Artio Global Equity Fund

$1-$10,000

 

Artio Total Return Bond Fund

$1-$10,000

 

Artio Global High Income Fund

$1-$10,000