Brandes U.S. Equity Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 57
- Total Net Assets: C$84 M
REASONS TO OWN
The Brandes U.S. Equity Fund invests in 35–85 U.S. companies of all sizes that Brandes believes are trading at a price below fair value and that have appreciation potential.
Features
- Looks different than the benchmark
- All-cap flexibility unconstrained by indices
- Low portfolio valuations (e.g., P/E, P/B)
- Distributions paid annually
Benefits
- Consistent value approach ensures
no style drift - Potential for long-term outperformance
- Can avoid expensive sectors and industries
- Can provide diversification to other investments
- Investors can choose currency exposure
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | US$ |
| A | SC | 141 | 143 |
| A | DSC | 241 | 243 |
| A | LL | 215 | 216 |
| AH | SC | 348 | - |
| AH | DSC | 342 | - |
| AH | LL | 343 | - |
| F | - | 541 | 543 |
| FH | - | 344 | - |
Inception: July 2 2002|Series F (CAD)|MER: 1.20 %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 U.S. Equity Fund | 0.34 | 2.55 | 16.28 | 16.28 | 37.40 | 11.16 | 12.58 | 12.21 | 14.94 | 5.32 | ||
| S&P 500 Index | 4.87 | 6.84 | 11.78 | 11.78 | 27.41 | 15.66 | 15.86 | 15.89 | 17.02 | 8.52 | ||
| Calendar Year Performance (%) | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Brandes U.S. Equity Fund | 0.85 | 14.75 | 45.08 | 23.53 | 12.31 | 14.66 | 6.68 | 0.22 | 17.42 | 4.22 | ||
| S&P 500 Index | 3.99 | 12.67 | 40.37 | 23.18 | 20.83 | 7.38 | 13.15 | 3.62 | 24.09 | 15.69 | ||
As of: June 30, 2021
$26,762.00GROWTH OF $10,000 SINCE INCEPTION
TOP 10 POSITIONS
| Security | |
|---|---|
| Bank of America Corp | 3.3 % |
| Comcast Corp | 3.1 % |
| Citigroup Inc. | 3.0 % |
| Chevron Corp. | 2.8 % |
| Wells Fargo & Company | 2.8 % |
| CVS Health Corp | 2.8 % |
| Merck & Co. Inc. | 2.7 % |
| Fedex Corp | 2.6 % |
| Pfizer Inc. | 2.6 % |
| McKesson Corp | 2.5 % |
| Top 10 Total | 28.2 % |
| Total # of Securities | 57 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 26.7 % |
| Health Care | 22.2 % |
| Information Technology | 12.8 % |
| Industrials | 10.7 % |
| Communication Services | 8.0 % |
| Energy | 6.4 % |
| Consumer Discretionary | 4.4 % |
| Materials | 2.8 % |
| Consumer Staples | 2.6 % |
| Real Estate | 1.4 % |
| Other | 1.9 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Fund Commentary - Brandes U.S. Equity Fund
Value Investing: Are You Prepared For A Recovery?
Manager Commentary - Brandes
Prospectus Documents (page)
Portfolio Listings - Brandes U.S. Equity Fund 
Interim MRFP - Brandes U.S. Equity Fund
MRFP - Brandes U.S. Equity Fund
Monthly Profile Sheet – Brandes U.S. Equity Fund – Series A
Monthly Profile Sheet – Brandes U.S. Equity Fund – Series AH
Monthly Profile Sheet – Brandes U.S. Equity Fund – Series F
Monthly Profile Sheet – Brandes U.S. Equity Fund – Series FH
Monthly Profile Sheet– Brandes U.S. Equity Fund – Series AH
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.
