Brandes Canadian Equity Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 30
- Total Net Assets: C$30 M
REASONS TO OWN
The Brandes Canadian Equity Fund invests in 20–35 Canadian companies of all sizes that Brandes believes are trading at a price below fair value and that have appreciation potential combined with exposure to global large cap equities.
Features
- All-cap flexibility unconstrained by the index
- Can invest up to 49% in global equities
- Low portfolio valuations (e.g., P/E, P/B)
- Looks very different to the S&P/TSX Composite
- Distributions paid annually
Benefits
- Consistent value approach ensures no style drift
- Potential for long-term outperformance
- Can avoid expensive sectors and industries
- Can provide diversification to other investments
- Adjusts global exposure based on opportunities
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 121 | - |
| A | DSC | 221 | - |
| A | LL | 219 | - |
| F | - | 521 | - |
Inception: July 2 2002|Series F (CAD)|MER: 1.24 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | 3-Yr | 5-Yr | 7-Yr | 10-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brandes Canadian Equity Fund | 6.05 | 19.57 | 26.71 | 10.30 | 10.30 | -0.29 | 5.68 | 6.53 | 9.74 | 6.18 | ||
| S&P/TSX Composite Index | 1.72 | 8.97 | 14.13 | 5.60 | 5.60 | 5.74 | 9.33 | 6.78 | 5.76 | 7.83 | ||
| Brandes Canadian Equity Benchmark** | 1.95 | 8.89 | 14.41 | 8.17 | 8.17 | 7.42 | 9.69 | 8.43 | 7.86 | 7.76 | ||
| Calendar Year Performance (%) | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brandes Canadian Equity Fund | -14.62 | 28.24 | 48.58 | 13.90 | 3.72 | 22.64 | 8.41 | -10.67 | 0.63 | 10.30 | ||
| S&P/TSX Composite Index | -8.71 | 7.19 | 12.99 | 10.55 | -8.32 | 21.08 | 9.10 | -8.89 | 22.88 | 5.60 | ||
| Brandes Canadian Equity Benchmark** | -7.01 | 9.02 | 19.30 | 11.76 | -0.70 | 15.73 | 10.72 | -6.40 | 22.43 | 8.17 | ||
As of: December 31, 2020
$30,301.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Brandes Global Equity Fund Class I | 30.1 % |
| Corby Spirit & Wine Limited* | 7.4 % |
| E-L Financial Corp. Ltd. | 6.3 % |
| Cash & Cash Equivalent | 6.1 % |
| Cameco Corp | 5.9 % |
| Sierra Wireless | 5.8 % |
| Dorel Industries Inc. Cl. B | 4.0 % |
| Western Forest Products Inc | 3.0 % |
| Fairfax Financial Holdings Ltd. | 2.5 % |
| EXFO Inc. | 2.5 % |
| Top 10 Total | 73.6 % |
| Total # of Securities | 30 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Investment Funds | 30.1 % |
| Financials | 11.3 % |
| Information Technology | 9.9 % |
| Consumer Staples | 9.2 % |
| Energy | 9.0 % |
| Consumer Discretionary | 6.1 % |
| Materials | 5.6 % |
| Communication Services | 4.8 % |
| Industrials | 4.4 % |
| Utilities | 0.7 % |
| Other | 8.9 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Canadian Equity | 61.6 % |
| Global Equity | 30.2 % |
| Other | 8.3 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Brandes Canadian Equity Fund
Infographic (pdf) - Brandes - Value Wakeup Call
Infographic (page) - Brandes - Tilt to International Equities
Manager Commentary - Brandes
Prospectus Documents (page)
Portfolio Listings - Brandes Canadian Equity Fund 
Interim MRFP - Brandes Canadian Equity Fund
MRFP - Brandes Canadian Equity Fund
Monthly Profile Sheet - Brandes Canadian Equity Fund - Series A
Monthly Profile Sheet - Brandes Canadian Equity Fund - Series F
The Fund is relying on Ontario Instrument 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds in order to
extend the prospectus renewal timing requirements set out in section 62 of the Securities Act (Ontario) by up to 45 days. The current lapse date of the Fund
is May 13, 2020.
