Brandes Emerging Markets Value Fund Series F (CAD)

MONTHLY PROFILE SHEET for Series F (CAD)

As of June 30, 2020

Distribution Frequency: Annually
Number of Holdings: 70
Total Net Assets: C$218 M

REASONS TO OWN

The Brandes Emerging Markets Value Fund invests in 35–85 emerging market companies of all sizes that Brandes believes are trading at a price below fair value and that have appreciation potential.

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

Brandes Investment Partners, L.P.
Brandes Emerging Markets Investment Committee

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: 1.60 %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		1.76	9.08	-21.36	-21.36	-18.09	-4.46	1.29	3.29	2.96	6.98
MSCI EM Index		5.78	12.99	-5.25	-5.25	0.70	3.53	4.67	7.06	5.87	8.46

Calendar Year Performance (%)		2010	2011	2012	2013	2014	2015	2016	2017	2018	2019
Brandes Emerging Markets Value Fund		11.31	-18.97	11.66	14.54	-0.06	-5.87	21.75	17.90	-8.41	12.43
MSCI EM Index		12.67	-16.41	15.61	3.93	6.63	2.04	7.34	28.26	-6.88	12.44

As of: June 30, 2020
$33,660.00GROWTH OF $10,000 SINCE INCEPTION

TOP 10 COUNTRIES

Country
China	13.5 %
South Korea	13.2 %
Mexico	9.8 %
Hong Kong	8.6 %
Brazil	8.1 %
Russia	7.8 %
Indonesia	5.1 %
India	5.1 %
Thailand	4.5 %
Taiwan	4.0 %
Total	79.7 %
Total # of Countries	25

TOP 10 POSITIONS

Security
China Mobile Ltd. ORD	2.9 %
KT+G Corp.	2.8 %
Cemex SA de CV ADR	2.8 %
Jasmine Broadband Inter F	2.5 %
Samsung Electronics	2.4 %
Alibaba Group Holding	2.4 %
Petroleo Bras Pref ORD	2.4 %
Sberbank	2.3 %
Fibra Uno Admin. SA ORD	2.3 %
Baidu Inc.	2.2 %
Top 10 Total	25.0 %
Total # of Securities	70

SECTOR EXPOSURE

Sector
Communication Services	17.1 %
Financials	16.0 %
Consumer Discretionary	14.7 %
Information Technology	11.9 %
Energy	8.7 %
Consumer Staples	8.5 %
Industrials	7.6 %
Materials	5.4 %
Real Estate	4.0 %
Health Care	3.1 %
Other	3.1 %
Total	100.0 %

REGIONAL MIX

Region
Asia	57.7 %
Latin America	24.6 %
Europe	12.0 %
North America	3.5 %
Africa	1.5 %
Other	0.7 %
Total	100.0 %

FUND FACTS

NI 81-101 Fund Facts - Brandes Emerging Markets Value Fund Class A

NI 81-101 Fund Facts - Brandes Emerging Markets Value Fund Class D

NI 81-101 Fund Facts - Brandes Emerging Markets Value Fund Class 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.

Performance is shown for the class selected. The foregoing reflects the thoughts and opinions of Brandes Investment Partners & Co., operating as Bridgehouse Asset Managers™ exclusively and is subject to change without notice. Bridgehouse has taken reasonable steps to provide current, accurate information from sources believed to be reliable however Bridgehouse is not responsible for any errors or omissions contained herein. As manager of the Bridgehouse Funds, Bridgehouse has hired Brandes Investment Partners, L.P., Sionna Investment Managers Inc., TD Asset Management Inc., and Lazard Asset Management, Inc. as portfolio sub-advisors in respect of the Bridgehouse Funds. Units of the Bridgehouse Funds are available through registered dealers only. Indexes are unmanaged and cannot be directly invested into. 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 net of fees.

Bridgehouse Asset Managers

Brandes Emerging Markets Value Fund Series F (CAD)

REASONS TO OWN

Features

Benefits

Portfolio Sub-Advisors

Fundserv : BIP

Inception: July 2 2002|Series F (CAD)|MER: 1.60 %PERFORMANCE: Series F (CAD)

As of: June 30, 2020
$33,660.00GROWTH OF $10,000 SINCE INCEPTION

TOP 10 COUNTRIES

TOP 10 POSITIONS

SECTOR EXPOSURE

REGIONAL MIX

RELATED DOCUMENTS

FUND FACTS

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Brandes Emerging Markets Value Fund Series F (CAD)

REASONS TO OWN

Features

Benefits

Portfolio Sub-Advisors

Fundserv : BIP

Inception: July 2 2002|Series F (CAD)|MER: 1.60 %PERFORMANCE: Series F (CAD)

As of: June 30, 2020 $33,660.00GROWTH OF $10,000 SINCE INCEPTION

TOP 10 COUNTRIES

TOP 10 POSITIONS

SECTOR EXPOSURE

REGIONAL MIX

RELATED DOCUMENTS

FUND FACTS

Login Now

First Time User?

As of: June 30, 2020
$33,660.00GROWTH OF $10,000 SINCE INCEPTION