Artio Global Equity Fund Inc.

Share Class	Ticker Symbol	CUSIP	Category	Investment Minimum†	Benchmark
A	BJGQX	481368108	Global Equity	$1,000	MSCI ACWI
I	JGEIX	481368207	Global Equity	$1 million	MSCI ACWI
† Represents the minimum initial investment for regular accounts. Class A shareholders may make additional investments in the Fund at a minimum of $1,000, invest in an Individual Retirement Account (IRA) or in a tax-deferred retirement plan other than an IRA for a minimum of $100.

 

Fact Sheet: Performance (fund and benchmark), Portfolio Characteristics, Geographic Allocation, Sector Allocation, Top Ten Equity Holdings

Commentary

Country Diversification

Investment Objective

The Artio Global Equity Fund Inc. ("Global Equity Fund" or "Fund") seeks to maximize total return, principally through capital appreciation. The Fund attempts to meet this goal by investing primarily in a diversified portfolio of common stocks, preferred stocks and convertible securities of domestic and foreign issuers of all sizes.

Who Should Invest

The Global Equity Fund may be a good choice for those investors seeking to maximize total return, principally through capital appreciation through investments in global markets. The Fund seeks to achieve its objective by normally investing in a diversified portfolio of equity securities of issuers located throughout the world, including emerging markets. The Adviser manages the Fund using a core approach and is not constrained by a particular investment style and invests in both "growth" and "value" securities. The Fund has a bias toward mid- and large-capitalization companies, but may also invest in small-capitalization companies. Due to the Fund's broad scope, we believe the Fund may be appropriate as a core holding, offering investors access to both domestic and international equities via a single investment vehicle.

Investment Managers

	Rudolph-Riad Younes, CFA, is Senior Vice President and Head of Global Equity at Artio Global Management LLC ("Artio Global"). Prior to joining Artio Global's predecessor organization, Julius Baer, in 1993, Riad was an Associate Director at Swiss Bank Corp. Riad holds the Chartered Financial Analyst designation and received an MBA in Management from Yale University and a Master of Science degree in Electrical Engineering from Columbia University. He is fluent in English, Arabic and French and has a working knowledge of German.
	Keith Walter, CFA, is a Portfolio Manager, at Artio Global Management LLC ("Artio Global"). Together with Rudolph-Riad Younes, he is co-portfolio manager of the Global Equity Fund. His tenure at Artio Global’s predecessor organization, Julius Baer, began in 1999. Previously, Keith spent four years at both Morgan Stanley Dean Witter, where he served as a Fixed Income Portfolio Manager, and Bankers Trust Co., where he was a member of the Global Bond Team. Keith holds the Chartered Financial Analyst designation and earned a Bachelor of Arts from Connecticut College.

Month-end Performance (%) as of 11/30/08

Share Class	1 Mo	3 Mo	YTD	1 Yr	3 Yr*	5 Yr*	10 Yr*	Since Inception*	Inception Date
A	-5.66	-32.38	-42.58	-42.57	-7.37	N/A	N/A	0.14	07/01/04
I	-5.66	-32.35	-42.30	-42.27	-7.05	N/A	N/A	-4.34	03/14/05
* Annualized

 

Quarter-end Performance (%) as of 9/30/08

Share Class	1 Mo	3 Mo	YTD	1 Yr	3 Yr*	5 Yr*	10 Yr*	Since Inception*	Inception Date
A	-13.71	-18.05	-26.73	-27.08	0.31	N/A	N/A	6.05	07/01/04
I	-13.71	-18.02	-26.41	-26.70	0.65	N/A	N/A	2.24	03/14/05
* Annualized

 

Annual Performance (%)

Share Class	2007	2006	2005	2004	2003	2002	2001	2000	1999	Inception Date
A	11.07	21.03	17.06	16.88¹	N/A	N/A	N/A	N/A	N/A	07/01/04
I	11.38	21.32	8.76¹	N/A	N/A	N/A	N/A	N/A	N/A	03/14/05
1. Partial year—since share class inception

The performance quoted represents past performance, which 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 higher or lower than the performance quoted.

Investment performance reflects fee waivers. In the absence of such waivers, total return would be reduced.

Morningstar Ratings as of 9/30/08

Share Class	Overall	3 Yr	5 Yr	10 Yr
A			N/A	N/A
I			N/A	N/A

Morningstar rated this Fund among 485 and 485 World Stock Funds for the overall and 3-year periods, respectively, as of the above referenced date (based on risk adjusted total returns). The Morningstar Overall Rating™ for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating™ metrics.

Growth of a $10,000 Investment

(Class A Shares: 7/1/04–9/30/08^†)

† Hypothetical illustration of $10,000 invested for the above referenced date assuming reinvestment of dividends and capital gains distributions. No adjustment has been made for shareholder tax liability on dividends or capital gains distributions. This period was one in which stock and bond prices fluctuated and the results should not be considered as a representation of dividend income or capital gain or loss which may be realized from an investment in the Global Equity Fund today. No adjustment has been made for shareholder tax liability on dividends or capital gains distributions.

Fees (%) as of 2/29/08

Share Class	Sales Load†	Gross Expense Ratio	Net Expense Ratio¹
A	No-load	2.01	1.42
I	No-load	1.67	1.17
† While the Fund is no-load, management and distribution fees and other expenses still apply. 1. The Investment Adviser has contractually agreed to reimburse certain expenses of the Fund through 2/28/09. Additionally, expenses are net of reductions related to custody offset arrangements.

 

Prospectus

Fact Sheet: Performance (fund and benchmark), Portfolio Characteristics, Geographic Allocation, Sector Allocation, Top Ten Equity Holdings

Commentary

Copyright 2008 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)

Prospectus

Statement of Additional Information (SAI)

Annual Report (fiscal year end 10/31/08)

Semi-annual Report (fiscal period ending 4/30/08)

Form NQ (as of 7/31/08)

Holdings Report (as of (10/31/08) Holdings are subject to change and should not be considered a recommendation to buy or sell any security.

Holdings Report (as of 9/30/08) Holdings are subject to change and should not be considered a recommendation to buy or sell any security.

Holdings Report (as of 8/31/08) Holdings are subject to change and should not be considered a recommendation to buy or sell any security.

Form N-PX (Annual Report of Proxy Voting)

Proxy Procedures - Global: Artio Global Management LLC, the Adviser for the Artio Global Funds, has outsourced its proxy voting to Institutional Shareholder Services, Inc. (ISS). The Funds have thus adopted ISS's policies as their own.

Proxy Procedures - US: Artio Global Management LLC, the Adviser for the Artio Global Funds, has outsourced its proxy voting to Institutional Shareholder Services, Inc. (ISS). The Funds have thus adopted ISS's policies as their own.

Distributions-Class A

	Income		Capital Gains
Year	Total Distribution ($)		Record Date	Ex-dividend Date	Short Term ($)	Long Term ($)	Total Distribution ($)
2008	0.09548		12/26/08	12/29/08	0.0	0.0	0.09548
2007	0.07826		12/26/07	12/27/07	0.0	0.0	0.07826
2006	0.0		N/A	N/A	0.0	0.0	0.0
2005	0.0		N/A	N/A	0.0	0.0	0.0
2004	0.002174		12/28/04	12/29/04	0.0	0.0	0.002174

 

Distributions-Class I

	Income		Capital Gains
Year	Total Distribution ($)		Record Date	Ex-dividend Date	Short Term ($)	Long Term ($)	Total Distribution ($)
2008	0.27346		12/26/08	12/29/08	0.0	0.0	0.27346
2007	0.19325		12/26/07	12/27/07	0.0	0.0	0.19325
2006	0.0		N/A	N/A	0.0	0.0	0.0
2005	0.00846		10/28/05	10/31/05	0.0	0.0	0.00846

 

ICI Primary for the Artio Global Funds Year-end Distributions

US Government Tax Documentation

Principal Strategies

The Global Equity Fund seeks to achieve its goal by investing primarily in a diversified portfolio of common stocks, convertible securities and preferred stocks of global issuers of all sizes.

The Fund may invest up to 35% of its total net assets in the securities of issuers located in emerging markets. The Fund's investment in emerging market securities will remain consistent with its status as a diversified global equity fund.

Artio Global Management LLC (the "Adviser" or "Artio Global"—formerly Julius Baer Investment Management LLC) selects stocks using a fundamental approach adjusted for factors specific to each region. In developed markets, the stock selection process is primarily "bottom-up" focusing on individual stock selection. In emerging markets, the Adviser uses a "top-down" selection process, focusing on the macroeconomic, liquidity and geopolitical factors of particular areas. The Adviser determines the Fund's exposure to Japan using a combination of "bottom-up" and "top-down" analysis. "Bottom-up" analysis is used to determine specific investments within Japan, while "top-down" analysis is essential to the determination of country exposure.

The Fund generally focuses on a multi-capitalization approach.

Risks

Please read the Fund's risks or consult the Fund's prospectus for more complete information on the special risks associated with investing in the Global Equity Fund, including, but not limited to: stock market risk, interest rate risk, income risk, credit risk, derivatives risk, emerging markets risk, leveraging risk, below investment grade securities, political risk, liquidity risk, foreign company transaction risk and foreign investment risk.