The Global Mid Cap Equity Portfolio is open to existing Brandes clients effective November 1, 2007.
Since 1974, Brandes Investment Partners® has used the value approach in seeking to generate strong returns in the various equity markets in which it participates. Our Global Mid Cap Equity Portfolio is dedicated to the medium-cap segment of global markets.
Today, over half of the world’s equity value is located outside the United States. This means that substantial investment opportunities are located in non-U.S. markets. In seeking issues for our Global Mid Cap Equity Portfolio,we search worldwide for companies meeting our strict investment criteria.
Investment candidates in the medium-cap segment often blend the growth potential enjoyed by small firms with the stability and resources typically associated with larger companies. In addition, medium-sized companies tend to attract less coverage by research analysts than their large-cap counterparts, creating a greater possibility for us to take advantage of unrecognized investment opportunities. As aresult of our focus on individual security selection, the portfolio’s country allocation will vary based upon where we find what we believe to be the best investment opportunities.
Our Global Mid Cap Equity Portfolio applies a Graham &Dodd value approach to stock selection. Generally, stocks are purchased if they are trading below their estimated value. This conservative approach strives to provide investors with both a margin of safety and significant long-term appreciation.
For a more complete description and discussion of risks of international investing, consult Brandes' Form ADV, Part II.