Brandes Global Opportunities Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 71
- Total Net Assets: C$304 M
REASONS TO OWN
Features
- All-cap flexibility unconstrained by indices
- Holds high-conviction names from across the firm
- Low portfolio valuations (e.g., P/E, P/B)
- Distributions paid annually
- Unhedged foreign currency exposure
Benefits
- Consistent value approach ensures no style drift
- Leverages the best ideas from across Brandes
- Covers off all market caps in a single portfolio
- Potential for long-term outperformance
- Exposure to a broad basket of foreign currencies
Videos
Yingbin Chen, Brandes Director, Investments Group answers your key questions about the Brandes Global Opportunities Fund.
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 114 | 116 |
| A | DSC | 264 | 246 |
| A | LL | 202 | 204 |
| F | - | 502 | 504 |
Inception: June 29 2012|Series F (CAD)|MER: 1.37 %PERFORMANCE: Series F (CAD)
| Annualized Performance (%) | 1-Mth | 3-Mth | 6-Mth | YTD | 1-Yr | 3-Yr | 5-Yr | 7-Yr | Since Incept. | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Brandes Global Opportunities Fund | 2.35 | 6.96 | 6.39 | 9.58 | 9.58 | 1.86 | 6.15 | 9.28 | 10.35 | ||
| MSCI AC World Index | 1.07 | 6.71 | 8.09 | 20.20 | 20.20 | 11.19 | 10.88 | 13.95 | 14.03 | ||
| Calendar Year Performance (%) | *2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Brandes Global Opportunities Fund | 12.51 | 32.81 | 4.02 | 13.30 | 12.54 | 7.89 | -10.62 | 9.58 | ||
| MSCI AC World Index | 7.35 | 31.04 | 13.55 | 17.10 | 4.13 | 15.83 | -1.26 | 20.20 | ||
As of: December 31, 2019
$20,943.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 COUNTRIES
| Country | |
|---|---|
| United States | 18.5 % |
| United Kingdom | 18.1 % |
| Japan | 8.4 % |
| France | 8.2 % |
| Brazil | 7.2 % |
| Mexico | 6.6 % |
| South Korea | 6.0 % |
| Russia | 4.4 % |
| Switzerland | 3.5 % |
| China | 2.9 % |
| Total | 83.8 % |
| Total # of Countries | 20 |
TOP 10 POSITIONS
| Security | |
|---|---|
| Embraer S.A. ADR | 3.1 % |
| Sanofi ORD | 3.0 % |
| Cash & Cash Equivalent | 2.9 % |
| GlaxoSmithKline PLC ORD | 2.8 % |
| Fibra Uno Admin. SA ORD | 2.7 % |
| Mitsubishi Tanabe Pharma ORD | 2.5 % |
| Telefonica Brasil S.A. | 2.3 % |
| Citigroup Inc. | 2.2 % |
| China Mobile Ltd. ORD | 2.1 % |
| McKesson Corp | 2.1 % |
| Top 10 Total | 25.7 % |
| Total # of Securities | 71 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 18.0 % |
| Health Care | 15.4 % |
| Communication Services | 13.3 % |
| Consumer Discretionary | 12.1 % |
| Consumer Staples | 11.4 % |
| Industrials | 7.7 % |
| Energy | 6.6 % |
| Real Estate | 5.2 % |
| Information Technology | 4.2 % |
| Utilities | 1.9 % |
| Other | 4.2 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Global Equity | 95.7 % |
| Canadian Equity | 1.1 % |
| Other | 3.2 % |
| Total | 100.0 % |
REGIONAL MIX
| Region | |
|---|---|
| Europe | 42.9 % |
| North America | 19.6 % |
| Asia | 19.0 % |
| Latin America | 15.3 % |
| Other | 3.2 % |
| Total | 100.0 % |
RELATED DOCUMENTS
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.
