Prospectus
Artio Global Funds
Class A Class I
Artio International Equity Fund BJBIX JIEIX
Artio International Equity Fund II JETAX JETIX
Artio Total Return Bond Fund BJBGX JBGIX
Artio Global High Income Fund BJBHX JHYIX
Artio Emerging Markets Local Currency Debt Fund AEFAX AEFIX
Artio US Microcap Fund JMCAX JMCIX
Artio US Smallcap Fund JSCAX JSCIX
Artio US Midcap Fund JMDAX JMDIX
Artio US Multicap Fund JMLAX JMLIX
Artio Global Equity Fund Inc. BJGQX JGEIX
March 1, 2012
Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved any Funds’ shares or
determined whether this Prospectus is accurate or complete. Any
representation to the contrary is a criminal offense.
BOS-3298949 v1
ARTIO GLOBAL FUNDS
Supplement dated January 2, 2013 to the
Prospectus dated March 1, 2012
Artio International Equity Fund
This supplement provides new and additional information beyond that contained in the
Prospectus and should be retained and read in conjunction with the Prospectus.
Notwithstanding anything to the contrary in the Prospectus, effective as of January 14, 2013,
Class A and Class I shares of the Artio International Equity Fund will be made available to new
investors. Consequently, statements in the Prospectus that the Fund is closed to certain investors,
as well as discussions in the Prospectus regarding certain restrictions on the sale of the Fund’s
shares, as included in the sections entitled “Fund Summaries — Artio International Equity Fund
— Purchases and Redemptions of Fund Shares,” “Investing in the Funds — Purchasing Your

Shares — International Equity Fund,” and “Investing in the Funds — Distribution and
Shareholder Services Plans — Class A Shares” are no longer effective as of January 14, 2013.
PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE.
ARTIO GLOBAL FUNDS

Supplement dated January 1, 2013 to the
Prospectus dated March 1, 2012

Artio Emerging Markets Local Currency Debt Fund

This supplement provides new and additional information beyond that contained in
the Prospectus and should be retained and read in conjunction with the Prospectus.

Effective January 1, 2013, the name of the Artio Emerging Markets Local Currency Debt
Fund will change, and all references to the Fund in the Prospectus are changed to, the
Artio Emerging Markets Local Debt Fund.

PLEASE RETAIN THIS SUPPLEMENT FOR YOUR REFERENCE.
ARTIO GLOBAL INVESTMENT FUNDS

Artio US Multicap Fund
Artio US Midcap Fund
Artio US Smallcap Fund
Artio US Microcap Fund
Supplement dated September 13, 2012
to the Prospectus dated March 1, 2012
On September 12th, 2012, the Board of Trustees (the “Board”) of Artio Global Investment Funds
approved a plan to liquidate and terminate each of the following series: Artio US Multicap Fund, Artio
US Midcap Fund, Artio US Smallcap Fund and Artio US Microcap Fund (together the “US Equity
Funds”) upon recommendation by Artio Global Management LLC (“Artio”), the Funds’ investment

adviser. The Board considered the US Equity Funds’ small size and lack of growth potential, in its
decision to liquidate the US Equity Funds. Shareholder approval will be required in order to liquidate the
US Equity Funds. The US Equity Funds will not solicit proxies from shareholders as it is anticipated that
a majority shareholder of the US Equity Funds will approve the liquidation of each Fund. Shareholders
will receive an information statement from the US Equity Funds regarding the liquidation. The
information statement will be sent to shareholders on or about September 28, 2012.
In anticipation of the proposed liquidations, the US Equity Funds will stop accepting purchases and
exchanges into the US Equity Funds on October 4, 2012. After such date, the US Equity Funds will
begin an orderly transition of their portfolios to cash and cash equivalents and will no longer be pursuing
their investment objectives. Assuming shareholder approval, on or about October 30, 2012 (the
“Liquidation Date”), the US Equity Funds will liquidate their remaining assets and distribute cash pro rata
to all remaining shareholders who have not previously redeemed or exchanged all of their shares. These
distributions are taxable events. Once the distribution is complete, the US Equity Funds will terminate.
Prior to the final liquidation and distribution of assets, any dividend paid will be paid in accordance with
the current dividend option of an account; accounts in which the dividend reinvestment option has been
chosen will receive any dividends in the form of additional shares of the applicable US Equity Fund. Each
US Equity Fund will maintain its current expense cap through the Liquidation Date.
Please note that you may redeem your shares of the US Equity Funds at any time prior to the Liquidation
Date. You also may exchange your shares of the US Equity Funds at net asset value at any time prior to
the Liquidation Date for shares of another Artio Fund that is not a US Equity Fund. No sales charges,
redemption or termination fees will be imposed by the Funds in connection with such exchanges and
redemptions. In general, exchanges and redemptions are taxable events.
If you own shares of any of the US Equity Funds in a tax deferred account, such as an individual
retirement account, 401(k) or 403(b) account, you should consult your tax adviser to discuss the US
Equity Funds’ liquidation and determine its tax consequences.
The Funds reserve the right to further restrict sales of each US Equity Fund’s shares.
For more information, please contact a customer service representative at 1-800-387-6977.
* * *
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH
THE PROSPECTUS FOR FUTURE REFERENCE


ARTIO GLOBAL INVESTMENT FUNDS

Artio US Multicap Fund
Artio US Midcap Fund
Artio US Smallcap Fund
Artio US Microcap Fund
Supplement dated August 30, 2012 to the
Prospectus dated March 1, 2012
On August 30, 2012, the Board of Trustees (the “Board”) of Artio Global Investment Funds approved this
supplement to close the following series to new investors: Artio US Multicap Fund, Artio US Midcap
Fund, Artio US Smallcap Fund and Artio US Microcap Fund (together the “Funds”) upon
recommendation by Artio Global Management LLC (“Artio”), the Funds’ investment adviser. In the
interim, Artio Global will work with the Board of Trustees of Artio Global Investment Funds to ensure
the orderly disposition of the assets of the US Equity Funds.

Please note that you may redeem your shares of the Funds at any time. You also may exchange your
shares of the Funds at net asset value at any time for shares of another Artio Fund. No sales charges,
redemption or termination fees will be imposed by the Funds in connection with such exchanges and
redemptions. In general, exchanges and redemptions are taxable events.
If you own shares of any of the Funds in a tax deferred account, such as an individual retirement account,
401(k) or 403(b) account, you should consult your tax adviser to discuss your redemption and determine
its tax consequences.
The Funds reserve the right to further restrict sales of each Fund’s shares.
For more information, please contact a customer service representative at 1-800-387-6977.
* * *
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH
THE PROSPECTUS FOR FUTURE REFERENCE








ARTIO GLOBAL FUNDS

Supplement dated July 27, 2012 to the
Prospectus dated March 1, 2012

Artio Global Equity Fund Inc.

This supplement provides new and additional information beyond that contained in the Prospectus and
should be retained and read in conjunction with the Prospectus and related supplements.

Effective July 27, 2012, the Board of Directors of the Artio Global Equity Fund Inc. approved a name
change from Artio Global Equity Fund Inc. to Artio Select Opportunities Fund Inc. All references in the
Prospectus to the Artio Global Equity Fund are replaced with Artio Select Opportunities Fund.

The following replaces the sections entitled “Principal Investment Strategies” and “Principal Investment Risks”
beginning on page 82:

Principal Investment Strategies
The Fund invests primarily in a diversified portfolio of equity securities issued by U.S. and non-U.S. companies
including those in developed and emerging markets. The Fund will typically invest in equity and equity related
instruments of companies of all sizes. The Fund may be invested in a limited number of issuers and there are no
geographic, sector, or industry limits on the Fund’s investments.
 Under normal circumstances, the Fund will invest at least 80% of its net assets (including equity related futures,
options, swaps and other instruments as well as borrowings for investment purposes) in equity securities of
global issuers. The Fund will provide shareholders with at least 60 days notice prior to any changes in this

policy.
 The Fund may invest without limit in emerging market securities.
● The Fund may invest in derivatives for hedging and non-hedging purposes. Such investments could be
significant. Derivatives are financial instruments the value of which is derived from another security, a
commodity (such as gold or oil), an index or a currency (a measure of value or rates, such as the S&P 500 Index
or the prime lending rate). The Fund typically uses derivatives as a substitute for taking a position in an
underlying asset and/or as part of a strategy to reduce risk, such as interest rate risk, currency risk, and price
risk. The Fund expects that derivative instruments will include, but are not limited to, the purchase or sale of
futures contracts, forward contracts, non-deliverable forwards, swaps (including credit default swaps), options
(including options on futures and options on swaps), warrants, and structured notes. A forward contract is an
obligation to purchase or sell an asset or, most commonly, a specific currency at a future date, which may be
any fixed number of days from the date of the contract agreed upon by the parties, at a price set at the time of
the contract. Forward foreign currency contracts are the primary means of hedging currency exposure. A futures
contract commits the parties to a transaction at a time in the future at a price determined when the transaction is
initiated and generally trade through regulated exchanges and are “marked to market” daily.
 The Fund invests in securities denominated in foreign currencies as well as U.S. dollars.
 The Fund invests in “growth” and “value” securities. Growth securities are those whose earnings are expected
to grow at an above average rate relative to the market. Value securities appear undervalued and thus trade at a
lower price relative to their fundamentals.
 The Fund may engage in active and frequent trading of portfolio securities to achieve its investment objective.
● Although the Fund is not permitted to make direct investments in gold bullion, it is permitted to invest in gold
through precious metal-related instruments relating to gold, silver, platinum and palladium including (i) the
equity securities of companies that explore for, extract, process or deal in precious metals, and related options
or warrants thereof, (ii) asset-based securities indexed to the value of such metals, such as ETFs, and related
options thereof (iii) precious metal-related structured notes, futures and options on futures, swaps, and (iv)
commodity pools and other indirect investments in precious metals (collectively “precious metal-related
instruments”). The Fund may have significant exposure to gold. The Fund may enter into these precious metal-
related instruments directly or gain exposure to these instruments indirectly by investing in an offshore
subsidiary of the Fund.
Principal Investment Risks

Global economies and securities markets can and have experienced volatility which has increased the risks
associated with an investment in the Fund. Investments in the Fund carry risk and there is no guarantee that the
Fund’s investment objective will be achieved. You could lose money by investing in the Fund. The principal risks of
investing that could adversely impact the Fund are:
 Stock Market Risk: The Fund may invest in equity securities that lose value because of declines in the stock
market and may be adversely affected by market conditions and factors related to a particular company or
industry. Companies in developing industries tend to be more vulnerable to adverse developments.
 Issuer, Region, Sector and Industry Focus Risk: The Fund may be invested in a limited number of issuers.
As a result, the Fund’s performance may be more vulnerable to changes in the market value of a single
investment or similar types of investments. The Fund may also invest a higher percentage of its total assets in a
particular region, sector and industry. Changes affecting that region, sector and industry may have a significant
impact on the performance of a Fund’s overall portfolio, including potentially increasing the risks to that
portfolio.
 Foreign Investment Risk: The Fund may invest in foreign securities which lose value because of fluctuations
in currency exchange rates and market liquidity, price volatility, uncertain political and legal conditions, lack of
reliable financial information and other factors. Foreign securities of certain countries are subject to political
instability, which may result in potential revolts and the confiscation of assets by governments. As a result, the
Fund’s returns and net asset value may be affected to a large degree by fluctuations in currency exchange rates
or political or economic conditions in a particular country or region. In the event of nationalization, default, debt
restructuring, capital controls, expropriation or other confiscation, the Fund could lose its entire investment in
foreign securities. Adverse conditions in a certain region can adversely affect securities of other countries
whose economies appear to be unrelated. To the extent that the Fund invests a significant portion of its assets in
a specific geographic region, the Fund may generally have more exposure to regional economic risks associated
with foreign investments.
 Emerging Market Risk: The Fund may invest without limit in emerging market securities. The Fund’s
investments in emerging market countries may involve risks greater than, or in addition to, the risks of investing
in more developed countries. Emerging markets are generally smaller, less developed, less liquid, and more
volatile than developed markets, and are subject to greater social, political and economic uncertainties, higher
levels of inflation and currency devaluation and settlement and operational risks, including risks related to
foreign securities custody. Investments in emerging market countries are subject to the risk of expropriation or

nationalization of private industry. Expropriation of an issuer’s assets whose securities are held in the Fund
would result in a partial or total loss of the investment. Please go to www.artioglobal.com/
documents/factsheet_ge.pdf for the current percentage of the Fund’s investments in emerging market securities.
 Small and Medium-Sized Company Risks: Stocks of small and medium-sized companies tend to be more
volatile and less liquid than stocks of large companies. Compared to large companies, small and medium-sized
companies typically may have analyst coverage by fewer brokerage firms – meaning they may trade at prices
that reflect incomplete or inaccurate information. Small companies may have a shorter history of operations,
less access to financing, and a less diversified product line – making them more susceptible to pressures and
more likely to have a volatile stock price. During some periods, stocks of small and medium-sized companies,
as an asset class, have underperformed the stocks of larger companies.
 Foreign Currency Transaction Risk: As foreign securities are usually denominated in foreign currencies, the
Fund may employ strategies intended to protect the Fund’s portfolio from adverse currency fluctuations. The
Fund may also employ strategies intended to increase exposure to certain currencies. Such currency transactions
involve additional risks, and the Fund’s strategies, if unsuccessful, may decrease the value of the Fund.
 Regulatory Risk: Foreign companies may not be registered with the SEC and are generally not subject to the
regulatory controls imposed on United States issuers and, as a consequence, there is generally less publicly
available information about foreign securities than is available about domestic securities. Foreign companies
may not be subject to uniform accounting, auditing and financial reporting standards, corporate governance
practices and requirements comparable to those applicable to domestic companies. Income from foreign
securities owned by the Fund may be reduced by a withholding tax at the source, which tax would reduce
dividend income payable to the Fund’s shareholders.
 Derivatives Risk: Derivatives can be highly volatile and involve risks in addition to the risks of the underlying
investment, index or rate. Derivatives involve special risks including correlation, counterparty, liquidity,
operational, accounting and tax risks. Investing in derivatives also requires a specific skill set and may result in
losses. Derivatives may be illiquid, difficult to price and leveraged so that small changes may produce
disproportionate losses. Gains or losses from derivatives can be substantially greater than the derivatives’
original cost. Please go to www.artioglobal.com/ documents/factsheet_ge.pdf for the current percentage of the
Fund’s investments in derivatives.
● Precious Metals Risk: The Fund’s investments in precious metals (e.g. gold, silver, platinum and palladium)
and precious metal-related instruments can fluctuate due to monetary and political developments such as

economic cycles, the devaluation of currency, changes in inflation or expectations about inflation in various
countries, interest rates, metal sales by governments or other entities, government regulation including the
possibility that the U.S. government could restrict or prohibit the ownership of gold, and resource availability
and demand. Changes in the political climate for major precious metal producers such as China, Australia,
South Africa, Russia, the United States, Peru and Canada may have a direct impact on worldwide precious
metal prices. Based on historical experience, during periods of economic or fiscal instability precious metal-
related instruments may be subject to extreme price fluctuations, reflecting the high volatility of precious metal
prices during such periods. In addition, the instability of precious metal prices may result in volatile earnings of
precious metal-related companies, which may, in turn, adversely affect the financial condition of such
companies.
The Fund could have significant exposure to gold. Although the Fund is not permitted to make direct
investments in gold bullion, the Fund is permitted to invest in gold through the precious-metal-related
instruments listed in the Fund’s Principal Investment Strategies. Gold and other precious metal-related
instruments as a group have not performed as well as the stock market in general during periods when the U.S.
dollar is strong, inflation is low and general economic conditions are stable. In addition, returns on gold and
other precious metal-related instruments have historically been more volatile than investments in broader equity
or debt markets.

The Fund may invest up to 20% of its net assets in a wholly-owned subsidiary of the Fund formed in the
Cayman Islands, which has the same investment objective as the Fund and has a strategy of investing in
commodity-based futures, commodity-based over-the-counter (“OTC”) options, commodity-based options on
futures, commodity-based exchanged traded funds (“ETFs”), OTC and exchange traded options on commodity-
based ETFs, commodity-based total return swaps, commodity-based credit linked/participatory notes and
warrants, commodity pools, and investments in precious metals.

 Leveraging Risk: Certain transactions may give rise to a form of leverage. Such transactions may include,
among others, loans of securities, and the use of when-issued, delayed delivery or forward commitment
transactions. The use of derivatives may also cause leveraging risk.
 Liquidity Risk: Particular investments may be difficult to purchase or sell. The Fund may make investments
that may become less liquid in response to market developments or adverse investor perceptions, which may

reduce the returns of the Fund because it may be unable to sell the illiquid securities at an advantageous time or
price
 Active Trading Risk: The Fund may engage in active and frequent trading of portfolio securities to achieve its
investment objective. If a Fund does trade this way, it may incur increased costs, which can lower the actual
return of the Fund. Active trading may also increase short term gains and losses, which may affect taxes that
must be paid.
 Custody/Sub-Custody Risk: The Fund may invest in markets where custodial and/or settlement systems are
not fully developed. There may be very limited regulatory oversight of certain foreign banks or securities
depositories that hold foreign securities and foreign currency. The laws of certain countries may limit the ability
to recover such assets if a foreign bank or depository or their agents goes bankrupt and the assets of the Fund
may be exposed to risk in circumstances where the custodian/sub-custodian or Adviser will have no liability. In
addition, the inability of the Fund to make its intended securities purchases due to settlement issues with the
custodian/sub-custodian could cause the Fund to miss attractive investment opportunities.
 Redemption Risk: The Fund may need to sell its portfolio holdings in order to meet shareholder redemption
requests. In selling its holdings to meet redemption requests, the Fund could experience a loss if the redemption
requests are unusually large or frequent, occur in times of overall market turmoil, or declining prices for the
securities sold, or when the securities the Fund wishes to or is required to sell are illiquid.
 Subsidiary Risk: By investing in the wholly-owned subsidiary, the Fund is indirectly exposed to the risks
associated with the subsidiary’s investments. The derivatives and other investments held by the subsidiary are
generally similar to those that are permitted to be held by the Fund and are subject to the same risks that apply
to similar investments if held directly by the Fund. There can be no assurance that the investment objective of
the subsidiary will be achieved.
An investment in the Fund is not a bank deposit or obligation of any bank and is not endorsed or guaranteed by any
bank and is not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the
Federal Reserve Board or any other governmental agency.
You could lose money investing in the Fund.
Further information about the Fund’s strategies and risks is provided in the section, Fund Strategies and Risks.

The following replaces the first two paragraphs of section entitled “Principal Investment Strategies” beginning
on page 117:


Principal Investment Strategies
The 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. Normally, the Fund will invest at least 80% of its net
assets (including equity related futures, options, swaps and other instruments as well as borrowings for investment
purposes) in equity securities. The Fund will provide shareholders with at least 60 days notice prior to any changes
in this policy.
The Fund may invest without limit in emerging market securities. Please go to www.artioglobal.com/
documents/factsheet_ge.pdf for the current percentage of the Fund invested in emerging market securities.


The following is added to the table under the section entitled “Risks of Investing in the Funds” beginning on
page 126:




IEF IEF II TRBF GHIF EMLCDF Microcap Smallcap Midcap Multicap GEF
Issuer, Region, Sector and Industry Focus
Risk


X

The following risk is added to the section entitled “Risks of Investing in the Funds” beginning on page 126:
Issuer, Region, Sector and Industry Focus Risk. A Fund may be invested in a limited number of issuers. As
a result, a Fund’s performance may be more vulnerable to changes in the market value of a single
investment or similar types of investments. A Fund may also invest a higher percentage of its total assets in
a particular region, sector and industry. Changes affecting that region, sector and industry may have a
significant impact on the performance of a Fund’s overall portfolio, including potentially increasing the

risks to that portfolio.

PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE.

ARTIO GLOBAL FUNDS

Supplement dated June 26, 2012 to the
Prospectus dated March 1, 2012

Artio U.S. Smallcap Fund
Artio U.S. Midcap Fund

This supplement provides new and additional information beyond that contained in the Prospectus and
should be retained and read in conjunction with the Prospectus.

In the section entitled “Fees and Expenses of the Fund” beginning on page 60, the Annual Fund Operating
Expenses table for the Artio U.S. Smallcap Fund is replaced with the following:
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage
of the value of your investment)

Class A Class I
Management Fees 0.95% 0.95%
Distribution and/or Service (12b-1) Fees 0.25% 0.00%
Other Expenses 0.23% 0.65%
Total Annual Fund Operating Expenses
(1)
1.43% 1.60%
Fee Waiver/Expense Reimbursement (0.08)% (0.55)%
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement

(2)
1.35% 1.05%


(1) Restated to reflect current expense. Total Annual Fund Operating Expenses shown in the table above may not correspond to the ratio of net
expenses to average net assets in the “Financial Highlights” section in this Prospectus to the extent that Acquired Fund Fees and Expenses
are included in the table above.
(2) The Adviser has contractually agreed to reimburse certain expenses of the Fund through February 28, 2013 (the “Expense Limitation”).
Effective June 29, 2012, net operating expenses of the Fund, based on the average daily net assets are limited to 1.35% for Class A shares
and 1.05% for Class I shares. Prior to June 29, 2012, operating expenses of the Fund were limited to 1.50% for Class A shares and 1.20%
for Class I shares. Acquired Fund Fees and Expenses are excluded from this calculation. This arrangement does not cover interest, taxes,
brokerage commissions, and extraordinary expenses. The Fund has agreed to repay the Adviser for expenses reimbursed to the Fund
provided that repayment does not cause the Fund’s annual operating expenses to exceed the Expense Limitation. Any such repayment must
be made within three years after the year in which the Adviser incurred the expense. The Expense Limitation may only be terminated by the
Board of Trustees of the Fund.

In the section entitled “Expense Example” beginning on page 61, the table for the Artio U.S. Smallcap Fund is
replaced with the following:
Expense Example
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other
mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then
redeem all of your shares at the end of those periods. While your return may vary, the example also assumes that
your investment has a 5% return each year, all dividends and capital gains distributions are reinvested and the
Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these
assumptions your costs would be:

1
Year
3
Years

5
Years
10
Years
Class A $137 $445 $774 $1,706
Class I $107 $451 $819 $1,854

In the section entitled “Fees and Expenses of the Fund” beginning on page 67, the Annual Fund Operating
Expenses table for the Artio U.S. Midcap Fund is replaced with the following:
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage
of the value of your investment)

Class A Class I

Management Fees 0.80% 0.80%
Distribution and/or Service (12b-1) Fees 0.25% 0.00%
Other Expenses 1.60 % 1.57%
Total Annual Fund Operating Expenses
(1)
2.65% 2.37%
Fee Waiver/Expense Reimbursement (1.35)% (1.37)%
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement
(2)
1.30% 1.00%


(1) Restated to reflect current expenses. Total Annual Fund Operating Expenses shown in the table above may not correspond to the ratio of
net expenses to average net assets in the “Financial Highlights” section in this Prospectus to the extent that Acquired Fund Fees and
Expenses are included in the table above.

(2) The Adviser has contractually agreed to reimburse certain expenses of the Fund through February 28, 2013 (the “Expense Limitation”).
Effective June 29, 2012, net operating expenses of the Fund, based on the average daily net assets are limited to 1.30% for Class A shares
and 1.00% for Class I shares. Prior to June 29, 2012, operating expenses of the Fund were limited to 1.35% for Class A shares and 1.05%
for Class I shares. Acquired Fund Fees and Expenses are excluded from this calculation. This arrangement does not cover interest, taxes,
brokerage commissions, and extraordinary expenses. The Fund has agreed to repay the Adviser for expenses reimbursed to the Fund
provided that repayment does not cause the Fund’s annual operating expenses to exceed the Expense Limitation. Any such repayment must
be made within three years after the year in which the Adviser incurred the expense. The Expense Limitation may only be terminated by the
Board of Trustees of the Fund.

In the section entitled “Expense Example” beginning on page 67, the table for the Artio U.S. Midcap Fund is
replaced with the following:
Expense Example
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other
mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then
redeem all of your shares at the end of those periods. While your return may vary, the example also assumes that
your investment has a 5% return each year, all dividends and capital gains distributions are reinvested and the
Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these
assumptions your costs would be:


1
Year
3
Years
5
Years
10
Years
Class A $132 $695 $1,284 $2,883
Class I $102 $608 $1,141 $2,601


In the sub-section entitled “Investment Adviser” within the section entitled “Fund Management” beginning on
page 152, the ninth and tenth paragraphs are replaced with the following:
Under the advisory agreement for the US Smallcap Fund, the Adviser is entitled to a fee for providing investment
advisory services at the annual rate of 0.95% of the average daily net assets of the Fund. Effective June 29, 2012, the
Adviser has agreed to reimburse the US Smallcap Fund for expenses (excluding acquired fund fees and expenses,
interest, taxes, brokerage commissions or extraordinary expenses) that exceed the annualized expense ratio of 1.35%
and 1.05% of the average daily net assets of the Class A shares and Class I shares, respectively. Prior to June 29,
2012, the Adviser had agreed to reimburse the U.S. Smallcap Fund for expenses that exceeded the annualized
expense ratio of 1.50% and 1.20% of the average daily net assets of Class A shares and Class I shares, respectively.
Under certain circumstances, the Adviser may recapture any amounts reimbursed. Please refer to “Fees and
Expenses of the Fund” in the “Fund Summaries” section of this Prospectus for more information regarding the
Expense Limitation of the US Smallcap Fund.
Under the advisory agreement for the US Midcap Fund, the Adviser is entitled to a fee for providing investment
advisory services at the annual rate of 0.80% of the average daily net assets of the Fund. Effective June 29, 2012, the
Adviser has agreed to reimburse the US Midcap Fund, for expenses (excluding acquired fund fees and expenses,
interest, taxes, brokerage commissions or extraordinary expenses) that exceed the annualized expense ratio of 1.30%
and 1.00% of the average daily net assets of the Class A shares and Class I shares, respectively. Prior to June 29,
2012, the Adviser had agreed to reimburse the U.S. Midcap Fund for expenses that exceeded the annualized expense
ratio of 1.35% and 1.05% of the average daily net assets of Class A shares and Class I shares, respectively. Under
certain circumstances, the Adviser may recapture any amounts reimbursed. Please refer to “Fees and Expenses of
the Fund” in the “Fund Summaries” section of this Prospectus for more information regarding the Expense
Limitation of the US Midcap Fund.

PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE REFERENCE.
ARTIO GLOBAL FUNDS
Supplement dated April 19, 2012 to the
Prospectus dated March 1, 2012
Artio International Equity Fund
Artio International Equity Fund II

Artio Global High Income Fund
This supplement provides new and additional information beyond
that contained in the Prospectus and should be retained and read in
conjunction with the Prospectus.
In the section entitled “Fees and Expenses of the Fund” beginning on
page 2, the Annual Fund Operating Expenses table for the Artio Inter-
national Equity Fund is replaced with the following:
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage
of the value of your investment)
Class A Class I
Management Fees
(1)
0.89% 0.89%
Distribution and/or Service (12b-1) Fees 0.25% 0.00%
Other Expenses 0.15% 0.15%
Total Annual Fund Operating Expenses
(2)
1.29% 1.04%
(1) Restated to reflect current fees. Effective April 18, 2012, the advisory fee for the Fund
is reduced to 0.90% of the first $5.0 billion in average daily net assets, 0.88% on next
$2.5 billion in average daily net assets, and 0.85% on daily net assets over $7.5 billion.
(2) Total Annual Fund Operating Expenses shown in the table above may not correspond
to the ratio of net expenses to the average net assets in the “Financial Highlights” sec-
tion of this Prospectus to the extent that Acquired Fund Fees and Expenses are included
in the table above.
In the section entitled “Expense Example” beginning on page 2, the
table for the Artio International Equity Fund is replaced with the fol-
lowing:
1 Year 3 Years 5 Years 10 Years

Class A $131 $409 $708 $1,556
Class I $106 $331 $574 $1,271
In the section entitled “Fees and Expenses of the Fund” beginning on
page 13, the Annual Fund Operating Expenses table for the Artio
International Equity Fund II is replaced with the following:
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage
of the value of your investment)
Class A Class I
Management Fees
(1)
0.89% 0.89%
Distribution and/or Service (12b-1) Fees 0.25% 0.00%
Other Expenses 0.14% 0.14%
Total Annual Fund Operating Expenses
(2)
1.28% 1.03%
(1) Restated to reflect current fees. Effective April 18, 2012, the advisory fee for the Fund
is reduced to 0.90% of the first $5.0 billion in average daily net assets, 0.88% on next
$2.5 billion in average daily net assets, and 0.85% on daily net assets over $7.5 billion.
(2) Total Annual Fund Operating Expenses shown in the table above may not correspond
to the ratio of net expenses to the average net assets in the “Financial Highlights” sec-
tion of this Prospectus to the extent that Acquired Fund Fees and Expenses are included
in the table above.
In the section entitled “Expense Example” beginning on page 13, the
table for the Artio International Equity Fund II is replaced with the
following:
1 Year 3 Years 5 Years 10 Years
Class A $130 $406 $702 $1,545
Class I $105 $328 $569 $1,259

In the section entitled “Fees and Expenses of the Fund” beginning on
page 33, the Annual Fund Operating Expenses table for the Artio Global
High Income Fund is replaced with the following:
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage
of the value of your investment)
Class A Class I
Management Fees
(1)
0.65% 0.65%
Distribution and/or Service (12b-1) Fees 0.25% 0.00%
Other Expenses 0.11% 0.10%
Total Annual Fund Operating Expenses
(2)
1.01% 0.75%
Fee Waiver/Expense Reimbursement (0.01)% 0.00%
Total Annual Fund Operating Expenses After Fee Waiver/Expense
Reimbursement
(3)
1.00% 0.75%
(1) Effective April 18, 2012, the advisory fee for the Fund is reduced to 0.65% of the first
$5.0 billion in average daily net assets, 0.63% on next $2.5 billion in average daily net
assets, 0.60% on next $2.5 billion in average daily net assets, and 0.59% on daily net
assets over $10 billion.
(2) Total Annual Fund Operating Expenses shown in the table above may not correspond
to the ratio of net expenses to the average net expenses in the “Financial Highlights”
section of this Prospectus to the extent that the Acquired Fund Fees and Expenses are
included in the table above.
(3) The Adviser has contractually agreed to reimburse certain expenses of the Fund through
February 28, 2013 (the “Expense Limitation”). Net operating expenses of the Fund,

based on the average daily net assets, are limited to 1.00% for Class A shares and 0.75%
for Class I shares. Acquired Fund Fees and Expenses are excluded from this calculation.
This arrangement does not include interest, taxes, brokerage commissions, and extraor-
dinary expenses. The Fund has agreed to repay the Adviser for expenses reimbursed to
the Fund provided that repayment does not cause the Fund’s total annual operating ex-
penses to exceed the Expense Limitation. Any such repayment must be made within
three years after the year in which the Adviser incurred the expense. The Expense Lim-
itation may only be terminated by the Board of Trustees of the Fund.
In the sub-section entitled “Investment Adviser” within the section en-
titled “Fund Management” beginning on page 150, the fourth para-
graph is replaced with the following:
Under the advisory agreement for the International Equity Fund and In-
ternational Equity Fund II, effective April 18, 2012, the Adviser is entitled
to a fee for providing investment advisory services at the annual rate of
0.90% of the first $5.0 billion of average daily net assets of the Fund,
0.88% of the next $2.5 billion of average daily net assets of the Fund and
0.85% of the average daily net assets of the Fund over $7.5 billion. Prior
to April 18, 2012, the Adviser was entitled to a fee for providing invest-
ment advisory services at the annual rate of 0.90% of the first $7.5 billion
of average daily net assets of the Fund, 0.88% of the next $2.5 billion of
average daily net assets of the Fund and 0.85% of the average daily net
assets of the Fund over $10 billion.
In the sub-section entitled “Investment Adviser” within the section en-
titled “Fund Management” beginning on page 150, the first sentence
of the sixth paragraph is replaced with the following:
Under the advisory agreement for the Global High Income Fund, effective
April 18, 2012, the Adviser is entitled to a fee for providing investment
advisory services at the annual rate of 0.65% of the first $5.0 billion in
average daily net assets, 0.63% on next $2.5 billion in average daily net
assets, 0.60% on next $2.5 billion in average daily net assets, and 0.59%

on daily net assets over $10 billion. Prior to April 18, 2012, the Adviser
was entitled to a fee for providing investment advisory services at the an-
nual rate of 0.65% of the average daily net assets of the Fund.
PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE
REFERENCE.
ARTIO GLOBAL FUNDS
Supplement dated April 17, 2012 to the
Prospectus dated March 1, 2012
Artio Global Equity Fund, Inc.
This supplement provides new and additional information beyond
that contained in the Prospectus and should be retained and read in
conjunction with the Prospectus.
Effective April 17, 2012, Keith Walter replaced Rudolph-Riad Younes and
Dimitre Genov as the portfolio manager of the Artio Global Equity Fund,
Inc. (“Global Equity Fund”). Effective immediately, all references to Mr.
Genov in the Prospectus are deleted.
In the section entitled “Fund Management” beginning on page 90, the
following replaces the existing language:
Artio Global Management LLC is the Fund’s investment adviser. The indi-
vidual primarily responsible for the day-to-day management of the Fund is:
Portfolio Manager/ Primary Title with
Fund Title Since Investment Adviser
Keith Walter February 2008-July 2010; Senior Portfolio Manager
April 2012
In the section entitled “Portfolio Management of the Funds” beginning on
page 155, the table and first paragraph are replaced with the following:
Mr. Mr. Mr. Mr. Mr. Mr. Ms.
Younes Pell Quigley Hopper Dedio Walter Liapkova
International Equity Fund X X
International Equity Fund II X X

Total Return Bond Fund X X
Global High Income Fund X
Emerging Markets Local
Currency Debt Fund X X
US Microcap Fund X
US Smallcap Fund X
US Midcap Fund X
US Multicap Fund X
Global Equity Fund X
Rudolph-Riad Younes, CFA, portfolio manager of International Equity
Fund (since 1995) and International Equity Fund II (since 2005). He is a
Director and Head of International Equity (since 2002) of the Adviser.
In the section entitled “Portfolio Management of the Funds” beginning
on page 155, the following language is added as the last paragraph:
Keith Walter, portfolio manager of the Global Equity Fund (since April
2012). Mr. Walter rejoined the Adviser as Senior Portfolio Manager, Head
of Global Equity of the Adviser in April 2012. Prior to rejoining the
Adviser, Mr. Walter managed money for a private family office from July
2010 to March 2012. During his prior service at the Adviser (1999-2010),
Mr. Walter served as the co-portfolio manager of the global equity strat-
egy (2001-2010), including serving as the co-portfolio manager of the
Global Equity Fund (2008-2010). Also with the Adviser, Mr Walter
served as a U.S. Fixed Income portfolio manager and analyst (1999-2001).
His prior positions also include Assistant Vice President and fixed income
portfolio manager at Morgan Stanley and Assistant Treasurer and global
fixed income portfolio associate at Bankers Trust Company.
PLEASE RETAIN THIS SUPPLEMENT FOR YOUR FUTURE
REFERENCE.
Table of Contents
Page

Fund Summaries 2
International Equity Fund 2
International Equity Fund II 13
Total Return Bond Fund 23
Global High Income Fund 33
Emerging Markets Local Currency Debt Fund 43
US Microcap Fund 53
US Smallcap Fund 60
US Midcap Fund 67
US Multicap Fund 74
Global Equity Fund Inc. 81
Fund Strategies and Risks 92
International Equity Fund 92
International Equity Fund II 96
Total Return Bond Fund 100
Global High Income Fund 104
Emerging Markets Local Currency Debt Fund 108
US Microcap Fund 112
US Smallcap Fund 113
US Midcap Fund 115
US Multicap Fund 116
Global Equity Fund Inc. 117
Security Types 121
General Strategies Applicable to the Funds 125
Risks of Investing in the Funds 126
Fund Management 150
Investment Adviser 150
Portfolio Management of the Funds 155
Investing in the Funds 157
Pricing of Fund Shares 157

Purchasing Your Shares 159
Exchanging Your Shares 168
Redeeming Your Shares 171
Excessive Purchases and Redemptions or Exchanges 176
Householding Policy 180
Distribution and Shareholder Services Plans 180
Distributions and Taxes 183
Distributions 183
Tax Information 184
Financial Highlights 186
Notice of Privacy Policy and Practices
For More Information
Back Cover
1
FUND SUMMARIES
Artio International Equity Fund
Investment Objective
The investment objective of the Artio International Equity Fund is the
long term growth of capital.
Fees and Expenses of the Fund
This table describes the fees and expenses that you may pay if you buy
and hold shares of the Fund.
Annual Fund Operating Expenses
(expenses that you pay each year as a percentage
of the value of your investment)
Class A Class I
Management Fees 0.90% 0.90%
Distribution and/or Service (12b-1) Fees 0.25% 0.00%
Other Expenses 0.15% 0.15%
Total Annual Fund Operating Expenses

(1)
1.30% 1.05%
(1) Total Annual Fund Operating Expenses shown in the table above may not correspond
to the ratio of net expenses to the average net assets in the “Financial Highlights”
section of this Prospectus to the extent that Acquired Fund Fees and Expenses are
included in the table above.
Expense Example
This example is intended to help you compare the cost of investing in the
Fund with the cost of investing in other mutual funds. The example
assumes that you invest $10,000 in the Fund for the time periods
indicated and then redeem all of your shares at the end of those periods.
While your return may vary, the example also assumes that your
investment has a 5% return each year, all dividends and capital gains
distributions are reinvested and the Fund’s operating expenses remain the
same. Although your actual costs may be higher or lower, based on these
assumptions your costs would be:
2
1 Year 3 Years 5 Years 10 Years
Class A $132 $412 $713 $1,568
Class I $107 $334 $579 $1,283
Portfolio Turnover
The Fund pays transaction costs, such as commissions, when it buys and
sells securities (or “turns over” its portfolio). A higher portfolio turnover
rate may indicate higher transaction costs and may result in higher taxes
when Fund shares are held in a taxable account. These costs, which are
not reflected in annual fund operating expenses or in the example, affect
the Fund’s performance. During the most recent fiscal year, the Fund’s
portfolio turnover rate was 41% of the average value of its portfolio.
Principal Investment Strategies
The Fund normally invests in the equity securities of issuers located in

international markets. The Fund will typically invest in equity and equity
related instruments of non-U.S. companies of all sizes.
• Under normal circumstances, the Fund will invest at least 80% of its
net assets (including equity related futures, options, swaps and other
instruments as well as borrowings for investment purposes) in equity
securities of issuers located anywhere in the world, normally excluding
the U.S. The Fund will provide shareholders with at least 60 days
notice prior to any changes in this policy.
• To achieve its investment goal the Fund may use derivatives to a
substantial extent under certain market conditions. However, as of
October 31, 2011, the Fund had 1.43% of its net assets invested in
derivatives excluding foreign exchange contracts. Please go to
www.artioglobal.com/documents/factsheet_ie.pdf for more current
information on the Fund’s investments in derivatives.
• The Fund may invest in derivatives for hedging and non-hedging
purposes. Such investments could be significant. Derivatives are
financial instruments the value of which is derived from another
security, a commodity (such as gold or oil), an index or a currency (a
measure of value or rates, such as the S&P 500 Index or the prime
lending rate). The Fund typically uses derivatives as a substitute for
taking a position in an underlying asset and/or as part of a strategy to
reduce risk, such as interest rate risk, currency risk, and price risk. The
Fund expects that derivative instruments will include, but are not
3
limited to, the purchase and sale of futures contracts, forward
contracts, non-deliverable forwards, swaps (including credit default
swaps), options (including, options on futures and options on swaps),
warrants, and structured notes. A forward contract is an obligation to
purchase or sell an asset or, most commonly, a specific currency at a
future date, which may be any fixed number of days from the date of

the contract agreed upon by the parties, at a price set at the time of the
contract. Forward foreign currency contracts are the primary means of
hedging currency exposure. A futures contract commits the parties to a
transaction at a time in the future at a price determined when the
transaction is initiated and generally trade through regulated exchanges
and are “marked to market” daily.
• The Fund invests up to 35% of its net assets in emerging market
securities. The Adviser may manage the Fund close to its limit in
emerging markets. As of October 31, 2011, the Fund had 27.81% of
its net assets invested in emerging market securities. Please go to
www.artioglobal.com/documents/factsheet_ie.pdf for a more current
percentage of the Fund invested in emerging market securities.
• The Fund ordinarily invests at least 65% of its total assets in no fewer
than three different countries outside the U.S.
• The Fund invests in “growth” and “value” securities. Growth securities
are those whose earnings are expected to grow at an above average
rate relative to the market. Value securities appear undervalued and
thus trade at a lower price relative to their fundamentals.
• Although the Fund is not permitted to make direct investments in gold
bullion, it is permitted to invest in gold through precious metal-related
instruments relating to gold, silver, platinum and palladium including
(i) the equity securities of companies that explore for, extract, process
or deal in precious metals, and related options or warrants thereof, (ii)
asset-based securities indexed to the value of such metals, such as
ETFs, and related options thereof (iii) precious metal related structured
notes, futures and options on futures, swaps, and (iv) commodity pools
and other indirect investments in precious metals (collectively
“precious metal-related instruments”). The Fund may have
significant exposure to gold. The Fund may enter into these precious
metal-related instruments directly or gain exposure to these

instruments indirectly by investing in an offshore subsidiary of the
Fund.
4
Principal Investment Risks
Global economies and securities markets can and have experienced
significant volatility which has increased the risks associated with an
investment in the Fund. Investments in the Fund carry risk and there is
no guarantee that the Fund’s investment objective will be achieved. You
could lose money by investing in the Fund. The principal risks of
investing that could adversely impact the Fund are:
• Stock Market Risk: The Fund may invest in equity securities that
lose value because of declines in the stock market and may be
adversely affected by market conditions and factors related to a
particular company or industry.
• Foreign Investment Risk: The Fund may invest in foreign securities
which lose value because of fluctuations in currency exchange rates
and market liquidity, price volatility, uncertain political and legal
conditions, lack of reliable financial information and other factors.
Foreign securities of certain countries are subject to political
instability, which may result in potential revolts and the confiscation
of assets by governments. As a result, the Fund’s returns and net asset
value may be affected to a large degree by fluctuations in currency
exchange rates or political or economic conditions in a particular
country or region. In the event of nationalization, default, debt
restructuring, capital controls, expropriation or other confiscation, the
Fund could lose its entire investment in foreign securities. Adverse
conditions in a certain region can adversely affect securities of other
countries whose economics appear to be unrelated. To the extent the
Fund invests a significant portion of its assets in a specific geographic
region, the Fund may generally have more exposure to regional

economic risks association with foreign investments.
• Emerging Market Risk: The Fund’s investments in emerging market
countries may involve risks greater than, or in addition to, the risks of
investing in more developed countries. Emerging markets are
generally smaller, less developed, less liquid, and more volatile than
developed markets, and are subject to greater social, political and
economic uncertainties, higher levels of inflation and currency
devaluation and settlement and operational risks, including risks
related to foreign securities custody. Investments in emerging market
countries are subject to the risk of expropriation or nationalization of
private industry. Expropriation of an issuer’s assets whose securities
are held in the Fund would result in a partial or total loss of the
investment.
5
•
Foreign Currency Transaction Risk: As foreign securities are
usually denominated in foreign currencies, the Fund may employ
strategies intended to protect the Fund’s portfolio from adverse
currency fluctuations. The Fund may also employ strategies intended
to increase exposure to certain currencies. Such currency transactions
involve additional risks, and the Fund’s strategies, if unsuccessful,
may decrease the value of the Fund.
• Regulatory Risk: Foreign companies may not be registered with the
SEC and are generally not subject to the regulatory controls imposed
on United States issuers and, as a consequence, there is generally less
publically available information about foreign securities than is
available about domestic securities. Foreign companies may not be
subject to uniform accounting, auditing and financial reporting
standards, corporate governance practices and requirements
comparable to those applicable to domestic companies. Income from

foreign securities owned by the Fund may be reduced by a
withholding tax at the source, which tax would reduce dividend
income payable to the Fund’s shareholders.
• Derivatives Risk: Derivatives can be highly volatile and involve risks
in addition to the risks of the underlying investment, index or rate.
Derivatives involve special risks including correlation, counterparty,
liquidity, operational, accounting and tax risks. Investing in derivatives
also requires a specific skill set and may result in losses. Derivatives
may be illiquid, difficult to price and leveraged so that small changes
may produce disproportionate losses. Gains or losses from derivatives
can be substantially greater than the derivatives’ original cost.
• Precious Metals Risk: The Fund’s investments in precious metals
(e.g. gold, silver, platinum and palladium) and precious metal-related
instruments can fluctuate due to monetary and political developments
such as economic cycles, the devaluation of currency, changes in
inflation or expectations about inflation in various countries, interest
rates, metal sales by governments or other entities, government
regulation including the possibility that the U.S. government could
restrict or prohibit the ownership of gold, and resource availability and
demand. Changes in the political climate for major precious metal
producers such as China, Australia, South Africa, Russia, the United
States, Peru and Canada may have a direct impact on worldwide
precious metal prices. Based on historical experience, during periods
of economic or fiscal instability precious metal-related instruments
may be subject to extreme price fluctuations, reflecting the high
6
volatility of precious metal prices during such periods. In addition, the
instability of precious metal prices may result in volatile earnings of
precious metal-related companies, which may, in turn, adversely affect
the financial condition of such companies.

The Fund could have significant exposure to gold. Although the Fund
is not permitted to make direct investments in gold bullion, the Fund is
permitted to invest in gold through the precious metal-related
instruments listed in the Fund’s Principal Investment Strategies.
Gold and other precious metal-related instruments as a group have
not performed as well as the stock market in general during periods
when the U.S. dollar is strong, inflation is low and general economic
conditions are stable. In addition, returns on gold and other precious
metal-related instruments have historically been more volatile than
investments in broader equity or debt markets.
The Fund may invest up to 20% of its net assets in a wholly-owned
subsidiary of the Fund formed in the Cayman Islands, which has the
same investment objective as the Fund and has a strategy of investing
in commodity-based futures, commodity-based over-the-counter
(“OTC”) options, commodity-based options on futures, commodity-
based exchanged traded funds (“ETFs”), OTC and exchange traded
options on commodity-based ETFs, commodity-based total return
swaps, commodity-based credit linked/participatory notes and
warrants, commodity pools, and investments in precious metals.
• Liquidity Risk: Particular investments may be difficult to purchase or
sell. The Fund may make investments that may become less liquid in
response to market developments or adverse investor perceptions,
which may reduce the returns of the Fund because it may be unable to
sell the illiquid securities at an advantageous time or price. From time
to time, as a result of significant adverse market conditions, some
investments the Fund may purchase may become illiquid which may
cause the Fund difficulty in meeting redemptions.
• Small Company Risk: Stocks of small companies tend to be more
volatile and less liquid than stocks of larger companies. Compared to
larger companies, small companies tend to have analyst coverage by

fewer Wall Street firms and may trade at prices that reflect incomplete
or inaccurate information. Small companies may have a shorter history
of operations, less access to financing and a less diversified product
line and be more susceptible to market pressures and therefore have
more volatile stock prices and company performance than larger
companies.
7