Over 20 Years of Successful International Investing Our International Equity ADR Strategy seeks to invest in companies exhibiting above-average profitability and earnings growth trading at reasonable valuations. Exposure to these companies is gained through the purchase of American Depositary Receipts (ADRs) and U.S. listed shares of foreign companies. As a result, our clients have the opportunity to invest in companies in developing and emerging markets without the operational burdens inherent to owning ordinary shares. Our objective is to outperform comparable international stock indices over a full market cycle. In light of the strong performance from U.S. stocks over the past five years, it’s reasonable for an investor to ask, “Why international stocks now?” We are convinced that the reasons for investing internationally are even more compelling today than they were twenty years ago. The Renaissance International Equity ADR Strategy is available as a separate account through select SMA and UMA platforms. Renaissance also sub-advises the AMG Renaissance International Equity Fund, which is available to investors through AMG Funds. For more information, click on this link that will redirect you to a web site with separate terms and conditions.