Brandes Global Opportunities Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 76
- Total Net Assets: C$260 M
REASONS TO OWN
The Brandes Global Opportunities Fund invests in 35–85 global companies of all sizes that Brandes believes are trading at a price below fair value and that have appreciation potential.
Features
- All-cap flexibility unconstrained by indices
- Holds high-conviction names from across the firm
- Low portfolio valuations (e.g., P/E, P/B)
- Distributions paid annually
- Unhedged foreign currency exposure
Benefits
- Consistent value approach ensures no style drift
- Leverages the best ideas from across Brandes
- Covers off all market caps in a single portfolio
- Potential for long-term outperformance
- Exposure to a broad basket of foreign currencies
Videos
Yingbin Chen, Brandes Director, Investments Group answers your key questions about the Brandes Global Opportunities Fund.
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 114 | 116 |
| A | DSC | 264 | 246 |
| A | LL | 202 | 204 |
| F | - | 502 | 504 |
Inception: June 29 2012|Series F (CAD)|MER: 1.39 %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 | 1.62 | 5.55 | 13.57 | 13.57 | 34.93 | 3.09 | 6.10 | 4.78 | 9.83 | ||
| MSCI AC World Index | 3.85 | 5.81 | 9.16 | 9.16 | 26.62 | 12.28 | 13.53 | 12.13 | 14.33 | ||
| Calendar Year Performance (%) | *2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Brandes Global Opportunities Fund | 12.51 | 32.81 | 4.02 | 13.30 | 12.54 | 7.89 | -10.62 | 9.58 | -2.24 | ||
| MSCI AC World Index | 7.35 | 31.04 | 13.55 | 17.10 | 4.13 | 15.83 | -1.26 | 20.20 | 14.22 | ||
As of: June 30, 2021
$23,256.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 COUNTRIES
| Country | |
|---|---|
| United Kingdom | 18.0 % |
| United States | 14.8 % |
| France | 9.5 % |
| Japan | 7.5 % |
| Mexico | 6.6 % |
| Brazil | 6.0 % |
| Hong Kong | 4.6 % |
| Switzerland | 4.2 % |
| South Korea | 4.1 % |
| Russia | 3.9 % |
| Total | 79.2 % |
| Total # of Countries | 22 |
TOP 10 POSITIONS
| Security | |
|---|---|
| Cash & Cash Equivalent | 3.7 % |
| Mitie Group PLC | 2.7 % |
| Embraer S.A. ADR | 2.7 % |
| Alibaba Group Holding Ltd. | 2.3 % |
| Publicis Groupe | 2.2 % |
| Citigroup Inc. | 2.1 % |
| Fibra Uno Admin. SA ORD | 2.0 % |
| Nova Ljubljanska Banka GDR | 2.0 % |
| WPP PLC | 2.0 % |
| GlaxoSmithKline PLC ORD | 1.9 % |
| Top 10 Total | 23.6 % |
| Total # of Securities | 76 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 18.4 % |
| Consumer Staples | 14.8 % |
| Consumer Discretionary | 13.2 % |
| Health Care | 13.0 % |
| Communication Services | 10.8 % |
| Industrials | 7.9 % |
| Energy | 5.5 % |
| Information Technology | 5.4 % |
| Real Estate | 4.2 % |
| Utilities | 2.7 % |
| Other | 4.1 % |
| Total | 100.0 % |
ASSET MIX
| Asset breakdown | |
|---|---|
| Global Equity | 95.8 % |
| Canadian Equity | 1.2 % |
| Fixed Income – Corporate | 0.1 % |
| Other | 3.0 % |
| Total | 100.0 % |
REGIONAL MIX
| Region | |
|---|---|
| Europe | 46.4 % |
| Asia | 18.4 % |
| North America | 16.0 % |
| Latin America | 15.1 % |
| Middle East | 1.0 % |
| Other | 3.1 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Brandes Global Opportunities Fund
Value Investing: Are You Prepared For A Recovery?
Manager Commentary - Brandes
Prospectus Documents (page)
Portfolio Listings - Brandes Global Opportunities Fund 
Interim MRFP - Brandes Global Opportunities Fund
MRFP - Brandes Global Opportunities Fund
Monthly Profile Sheet – Brandes Global Opportunities Fund – Series A
Monthly Profile Sheet – Brandes Global Opportunities Fund – Series F
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.
