Brandes U.S. Equity Fund Series F (CAD)
- Distribution Frequency: Annually
- Number of Holdings: 57
- Total Net Assets: C$85 M
REASONS TO OWN
Features
- Looks different than the benchmark
- All-cap flexibility unconstrained by indices
- Low portfolio valuations (e.g., P/E, P/B)
- Distributions paid annually
Benefits
- Consistent value approach ensures
no style drift - Potential for long-term outperformance
- Can avoid expensive sectors and industries
- Can provide diversification to other investments
- Investors can choose currency exposure
Portfolio Sub-Advisors
Fundserv : BIP
| Fund Number | |||
|---|---|---|---|
| Series | Sales Option | C$ | 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: 1.23 %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 | -2.94 | 1.74 | 4.33 | 18.30 | 37.89 | 10.47 | 11.46 | 11.77 | 16.36 | 5.34 | ||
| Russell 1000 Value Index | -3.24 | 1.51 | 5.22 | 15.48 | 28.05 | 9.34 | 10.13 | 11.30 | 15.75 | 7.50 | ||
| 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 | ||
| Russell 1000 Value Index | 2.88 | 14.91 | 41.42 | 23.68 | 15.34 | 13.28 | 6.20 | -0.01 | 20.14 | 0.99 | ||
Summary of Investment Portfolio as of September 30, 2021
TOP 10 POSITIONS
| Security | |
|---|---|
| Bank of America Corp | 3.5 % |
| Citigroup Inc. | 3.1 % |
| Comcast Corp | 3.0 % |
| Wells Fargo & Company | 2.9 % |
| Pfizer Inc. | 2.9 % |
| CVS Health Corp | 2.9 % |
| Chevron Corp. | 2.8 % |
| Merck & Co. Inc. | 2.7 % |
| McKesson Corp | 2.7 % |
| Fedex Corp | 2.4 % |
| Top 10 Total | 28.9 % |
| Total # of Securities | 57 |
SECTOR EXPOSURE
| Sector | |
|---|---|
| Financials | 27.9 % |
| Health Care | 21.2 % |
| Information Technology | 13.4 % |
| Industrials | 10.2 % |
| Communication Services | 8.0 % |
| Energy | 6.4 % |
| Consumer Discretionary | 4.9 % |
| Materials | 2.8 % |
| Consumer Staples | 2.6 % |
| Real Estate | 1.2 % |
| Other | 1.4 % |
| Total | 100.0 % |
RELATED DOCUMENTS
Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. As manager of the Bridgehouse Funds, Bridgehouse has hired certain portfolio sub-advisors to the Funds. Units and shares of the Bridgehouse Funds are available through registered dealers only and are not available through Bridgehouse. Bridgehouse and its sub-advisors have taken reasonable steps to provide accurate and current data. The data has been gathered from sources believed to be reliable, however Bridgehouse and/or its sub-advisors are not responsible for any errors or omissions contained herein. The foregoing reflects the thoughts, opinions and/or investment strategies of Bridgehouse and/or its sub-advisors, which are subject to change at their discretion and without prior notice, based on changing market dynamics or other considerations. 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 shown for the class selected.Performance is net of fees unless otherwise indicated.Indices are unmanaged and cannot be directly invested into. MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.
