Brandes Emerging Markets Value Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 66
- Total Net Assets: C$208 M
REASONS TO OWN
Features
- All-cap flexibility unconstrained by indices
- Looks very different than the MSCI EM Index
- Low portfolio valuations (e.g., P/E, P/B)
- Distributions paid annually
- Unhedged EM currency exposure
Benefits
- Consistent value approach ensures no style drift
- Leverages the best ideas from across Brandes
- Potential for long-term outperformance
- Can provide diversification to other investments
- Exposure to a broad basket of EM currencies
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 171 | 173 |
| A | DSC | 271 | 273 |
| A | LL | 213 | 214 |
| F | - | 571 | 573 |
Inception: July 2 2002|Series F (CAD)|MER: 1.61 %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 Emerging Markets Value Fund | -3.06 | -2.63 | -3.61 | -1.18 | 15.76 | 1.78 | 1.26 | 2.24 | 4.50 | 7.33 | ||
| MSCI EM Index | -1.19 | -1.19 | -4.15 | -2.97 | 8.73 | 10.16 | 7.70 | 7.03 | 7.23 | 8.83 | ||
| Calendar Year Performance (%) | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brandes Emerging Markets Value Fund | -18.97 | 11.66 | 14.54 | -0.06 | -5.87 | 21.75 | 17.90 | -8.41 | 12.43 | -7.25 | ||
| MSCI EM Index | -16.41 | 15.61 | 3.93 | 6.63 | 2.04 | 7.34 | 28.26 | -6.88 | 12.44 | 16.23 | ||
Summary of Investment Portfolio as of October 31, 2021
TOP 10 COUNTRIES
| Country | |
|---|---|
| Hong Kong | 14.0 % |
| South Korea | 12.1 % |
| China | 12.0 % |
| Taiwan | 9.9 % |
| Brazil | 8.4 % |
| Russia | 8.1 % |
| Mexico | 7.1 % |
| Indonesia | 6.4 % |
| Thailand | 3.9 % |
| India | 3.5 % |
| Total | 85.4 % |
| Total # of Countries | 20 |
TOP 10 POSITIONS
| Security | |
|---|---|
| Alibaba Group Holding Ltd. | 4.4 % |
| Taiwan Semiconductor | 4.2 % |
| Samsung Electronics | 3.7 % |
| Embraer S.A. ADR | 3.2 % |
| Wiwynn Corp. | 2.7 % |
| KT+G Corp. | 2.6 % |
| Fibra Uno Admin. SA ORD | 2.5 % |
| Sberbank | 2.4 % |
| Bank Rakyat Indonesia Perser | 2.3 % |
| Travelsky Technology Ltd H | 2.3 % |
| Top 10 Total | 30.3 % |
| Total # of Securities | 66 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 17.3 % |
| Consumer Discretionary | 16.7 % |
| Information Technology | 16.2 % |
| Communication Services | 12.7 % |
| Industrials | 8.7 % |
| Consumer Staples | 8.2 % |
| Energy | 6.3 % |
| Materials | 4.4 % |
| Real Estate | 4.0 % |
| Health Care | 3.0 % |
| Other | 2.3 % |
| Total | 100.0 % |
REGIONAL MIX
| Region | |
|---|---|
| Asia | 65.6 % |
| Latin America | 19.7 % |
| Europe | 11.6 % |
| North America | 1.5 % |
| Other | 1.6 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. As manager of the Bridgehouse Funds, Bridgehouse has hired certain portfolio sub-advisors to the Funds. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. Bridgehouse and its sub-advisors have taken reasonable steps to provide accurate and current data. The data has been gathered from sources believed to be reliable, however Bridgehouse and/or its sub-advisors are not responsible for any errors or omissions contained herein. The foregoing reflects the thoughts, opinions and/or investment strategies of Bridgehouse and/or its sub-advisors, which are subject to change at their discretion and without prior notice, based on changing market dynamics or other considerations. Securities mentioned herein are not to be construed as a recommendation to buy or sell. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Performance is shown for the class selected.Performance is net of fees unless otherwise indicated.Indices are unmanaged and cannot be directly invested into. MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.
