Brandes Global Small Cap Equity Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 81
- Total Net Assets: C$316 M
REASONS TO OWN
The Brandes Global Small Cap Equity Fund invests in 35–85 smaller companies from around the world that Brandes believes are trading at a price below fair value and that have appreciation potential.
Features
- Most holdings are <$2.5 billion in market cap
- Average company age is greater than 50 years
- Low portfolio valuations (e.g., P/E, P/B)
- Distributions paid annually
- Unhedged foreign currency exposure
Benefits
- Historically strong performing small cap asset class
- Value approach thrives in small cap space
- Potential for long-term outperformance
- Can provide diversification to other investments
- Exposure to a broad basket of foreign currencies
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 152 | 154 |
| A | DSC | 252 | 254 |
| A | LL | 211 | 212 |
| F | - | 552 | 554 |
Inception: July 2 2002|Series F (CAD)|MER: 1.59 %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 Global Small Cap Equity Fund | 2.59 | 8.88 | 22.42 | 22.42 | 52.93 | 5.69 | 6.39 | 7.64 | 11.77 | 7.21 | ||
| S&P Developed Small Cap Index | 2.99 | 4.07 | 11.36 | 11.36 | 38.28 | 9.61 | 12.86 | 11.75 | 12.96 | 9.05 | ||
| Calendar Year Performance (%) | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brandes Global Small Cap Equity Fund | -14.27 | 35.11 | 36.24 | 9.27 | 23.50 | 15.40 | 2.86 | -13.19 | 0.95 | 8.18 | ||
| S&P Developed Small Cap Index | -6.68 | 14.94 | 40.90 | 10.99 | 20.22 | 7.23 | 14.72 | -6.44 | 19.20 | 13.68 | ||
As of: June 30, 2021
$37,537.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 COUNTRIES
| Country | |
|---|---|
| United States | 18.5 % |
| United Kingdom | 14.4 % |
| Japan | 12.6 % |
| Hong Kong | 6.1 % |
| Mexico | 5.8 % |
| Brazil | 5.5 % |
| France | 4.6 % |
| Ireland | 4.4 % |
| Spain | 4.1 % |
| Canada | 2.8 % |
| Total | 78.8 % |
| Total # of Countries | 23 |
TOP 10 POSITIONS
| Security | |
|---|---|
| Embraer SA* | 5.5 % |
| Chesapeake Energy Corp.** | 3.8 % |
| Wm Morrison Supermarkets PLC | 3.1 % |
| J Sainsbury PLC ORD | 3.0 % |
| Cash & Cash Equivalent | 3.0 % |
| Edgewell Personal Care Co | 2.8 % |
| Mitie Group PLC | 2.6 % |
| C&C Group PLC | 2.4 % |
| Fibra Uno Admin. SA ORD | 2.4 % |
| Eagle Pharmaceuticals Inc. | 2.2 % |
| Top 10 Total | 30.8 % |
| Total # of Securities | 81 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Consumer Staples | 18.6 % |
| Financials | 17.6 % |
| Industrials | 16.1 % |
| Health Care | 9.9 % |
| Consumer Discretionary | 8.6 % |
| Energy | 6.9 % |
| Information Technology | 5.7 % |
| Real Estate | 5.3 % |
| Communication Services | 5.0 % |
| Materials | 2.3 % |
| Other | 3.8 % |
| Total | 100.0 % |
REGIONAL MIX
| Region | |
|---|---|
| Europe | 37.9 % |
| Asia | 25.3 % |
| North America | 21.3 % |
| Latin America | 12.9 % |
| Other | 2.6 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Brandes Global Small Cap Equity Fund
Value Investing: Are You Prepared For A Recovery?
Manager Commentary - Brandes
Prospectus Documents (page)
Interim MRFP - Brandes Global Small Cap Equity Fund
MRFP - Brandes Global Small Cap Equity Fund
Monthly Profile Sheet – Brandes Global Small Cap Equity Fund – Series A
Monthly Profile Sheet – Brandes Global Small Cap Equity 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.
