Brandes Global Opportunities Fund Series F (CAD)

MONTHLY PROFILE SHEET for Series F (CAD)

As of October 31, 2020

Distribution Frequency: Annually
Number of Holdings: 74
Total Net Assets: C$186 M

REASONS TO OWN

The Brandes Global Opportunities Fund invests in 35–85 global 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
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

Brandes Investment Partners, L.P.
Brandes All Cap Investment Committee

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: 1.38 %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		-2.80	-3.99	0.42	-20.01	-16.54	-7.69	-0.83	2.15	6.38
MSCI AC World Index		-2.61	-0.26	9.06	1.70	6.40	6.71	8.52	10.68	12.77

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: October 31, 2020
$16,750.00GROWTH OF $10,000 SINCE INCEPTION

TOP 10 COUNTRIES

Country
United Kingdom	18.8 %
United States	16.1 %
Japan	9.1 %
France	8.3 %
Mexico	7.1 %
South Korea	6.6 %
Russia	4.6 %
Switzerland	4.5 %
Brazil	4.3 %
China	3.5 %
Total	82.9 %
Total # of Countries	20

TOP 10 POSITIONS

Security
De La Rue PLC	2.3 %
Carrefour SA	2.3 %
China Mobile Ltd. ORD	2.3 %
Taisho Pharmaceutical Hldgs.	2.2 %
Publicis Groupe	2.2 %
Fibra Uno Admin. SA ORD	2.1 %
KT+G Corp.	2.0 %
Honda Motor Co. Ltd.	2.0 %
GlaxoSmithKline PLC ORD	2.0 %
Sanofi ORD	2.0 %
Top 10 Total	21.4 %
Total # of Securities	74

SECTOR EXPOSURE

Sector
Financials	18.4 %
Health Care	14.8 %
Consumer Staples	14.8 %
Communication Services	14.0 %
Consumer Discretionary	12.0 %
Energy	6.2 %
Industrials	6.1 %
Information Technology	5.7 %
Real Estate	4.1 %
Utilities	1.8 %
Other	2.1 %
Total	100.0 %

ASSET MIX

Asset breakdown
Global Equity	97.8 %
Canadian Equity	1.5 %
Other	0.7 %
Total	100.0 %

REGIONAL MIX

Region
Europe	45.1 %
Asia	22.3 %
North America	17.6 %
Latin America	13.1 %
Middle East	1.2 %
Other	0.7 %
Total	100.0 %

FUND FACTS

NI 81-101 Fund Facts - Brandes Global Opportunities Fund Class A

NI 81-101 Fund Facts - Brandes Global Opportunities 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 Global Opportunities Fund Series F (CAD)

REASONS TO OWN

Features

Benefits

Videos

Portfolio Sub-Advisors

Fundserv : BIP

Inception: June 29 2012|Series F (CAD)|MER: 1.38 %PERFORMANCE: Series F (CAD)

As of: October 31, 2020
$16,750.00GROWTH OF $10,000 SINCE INCEPTION

TOP 10 COUNTRIES

TOP 10 POSITIONS

SECTOR EXPOSURE

ASSET MIX

REGIONAL MIX

RELATED DOCUMENTS

FUND FACTS

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Brandes Global Opportunities Fund Series F (CAD)

REASONS TO OWN

Features

Benefits

Videos

Portfolio Sub-Advisors

Fundserv : BIP

Inception: June 29 2012|Series F (CAD)|MER: 1.38 %PERFORMANCE: Series F (CAD)

As of: October 31, 2020 $16,750.00GROWTH OF $10,000 SINCE INCEPTION

TOP 10 COUNTRIES

TOP 10 POSITIONS

SECTOR EXPOSURE

ASSET MIX

REGIONAL MIX

RELATED DOCUMENTS

FUND FACTS

Login Now

First Time User?

As of: October 31, 2020
$16,750.00GROWTH OF $10,000 SINCE INCEPTION