Brandes - EMEA - Brandes European Value Fund

Brandes European Value Fund

Long-term capital appreciation by investing primarily in equity and equity related securities of issuers carrying out their activities predominantly in Europe.

Consider Potential Bargains Among European Equities

  • Fund Objective — Long-term capital appreciation by investing primarily in equity and equity related securities of issuers carrying out their activities predominantly in Europe.
  • Investment Approach — Brandes Investment Partners is a bottom-up, value-oriented global equity and fixed income manager.  Brandes believes that a strategy of buying businesses at a discount to the firm's estimate of their true value has the potential to produce competitive long-term results.

Share Class Identifiers

  • Share Class
  • Class I EUR
  • Class I USD
  • Class I GBP
  • Class I1 EUR
  • Class I1 USD
  • Class I1 GBP
  • Class IH CHF
  • Class IH USD
  • Class A EUR
  • Class A USD
  • Class A GBP
  • Class A1 EUR
  • Class A1 USD
  • Class A1 GBP
  • Class AH CHF
  • Class AH USD
  • Class S EUR
  • Class S USD
  • Class S GBP
  • ISIN
  • IE0031574977
  • IE0031574860
  • IE0031575057
  • IE00BYXWTT24
  • IE00BYWTYT98
  • IE00BYXWTN61
  • IE00BD35CS41
  • IE00BYXWTP85
  • IE0031574647
  • IE0031574530
  • IE0031574753
  • IE00BYXWTQ92
  • IE00BYWTYS81
  • IE00BYXWTR00
  • IE00BD35CG29
  • IE00BYXWTS17
  • IE00BYWGL889
  • IE00BYWGL772
  • IE00BYWGL996
  • CUSIP
  • G1309T246
  • G1309T162
  • G1309T261
  • G1309T568
  • G1309T709
  • G1309T 519
  • G1309T659
  • G1309T527
  • G1309T253
  • G1309T238
  • G1309T220
  • G1309T535
  • G1309T733
  • G1309T543
  • G1309T642
  • G1309T550
  • G1309T766
  • G1309T758
  • G1309T774
  • Sedol
  • 3157497
  • 3157486
  • 3157505
  • BYXWTT2
  • BYWTYT9
  • BYXWTN6
  • BD35CS4
  • BYXWTP8
  • 3157464
  • 3157453
  • 3157475
  • BYXWTQ9
  • BYWTYS8
  • BYXWTR0
  • BD35CG2
  • BYXWTS1
  • BYWGL88
  • BYWGL77
  • BYWGL99
  • Bloomberg
  • BRANEUI
  • BRANEEI
  • BRANGBP
  • BRAEI1E
  • BRNEI1U
  • BRAEI1G
  • BRAEIHC
  • BRAEIHU
  • BRAEEEA
  • BRANEEA
  • BRAEEAG
  • BRAEA1E
  • BRNEA1U
  • BRAEA1G
  • BRAEAHC
  • BRAEAHU
  • BRANEGS
  • BRANVUS
  • BRANEES
  • Lipper
  • 60081669
  • 60079024
  • 60090300
  • 68335624
  • 68438426
  • 68335625
  • 68350754
  • 68335628
  • 60086317
  • 60081668
  • 65012997
  • 68335621
  • 68438425
  • 68335622
  • 68335627
  • 68335627
  • 68529272
  • 68529271
  • 68529273
  • Inception Date
  • 26/02/2003
  • 14/01/2003
  • 13/01/2004
  • 14/06/2016
  • N/A
  • 10/06/2016
  • N/A
  • N/A
  • 17/07/2003
  • 12/02/2003
  • 27/09/2005
  • 05/10/2015
  • N/A
  • N/A
  • N/A
  • N/A
  • N/A
  • N/A
  • N/A

Utilise a Disciplined Value Approach to Uncover Opportunities

  • Brandes is Value — Solely focused on value investing, the Brandes way has pursued attractive returns over the long term through several market cycles.
  • Differentiated Fund — Built from the bottom up employing active stock selection, the Fund displays our willingness to think independently from the crowd.
  • Broad Opportunity Set — The Fund can invest in companies across the market capitalisation spectrum — small, medium and large — in pursuit of potential opportunities.
  • Team Approach — Focused on long-term results through a team of dedicated investment professionals who engage in rigorous debates that encourage diverse perspectives.


1Based on Shiller P/E ratio for MSCI Europe Index and S&P 500 Index for June 30, 1983 to June 30, 2013.


Partner with a Pioneer in Global Value Investing

  • Experienced Professionals — The Investment Team is composed of experienced professionals who have navigated through market cycles.
  • Trailblaser in Global Equity Markets — Brandes Investment Partners has a long history of exploring markets worldwide in search of fundamentally solid companies selling at deep discounts to our estimates of their true worth, including those in Europe.
  • Disciplined and Easy to Understand Investment Process — The Fund consistently applies a research-driven process centered on purchasing potentially undervalued companies with the goal of capturing future price appreciation.
  • Independent Point of View — Brandes Investment Partners is a 100% employee owned firm and its strategies are unhindered by sales quotas or any outside influence that may impede the firm’s pursuit of investment management excellence.
Fund Facts as of 31 August 2019

Top 10 Holdings

  • CompanyFund (%)
  • Sanofi3.86
  • GlaxoSmithKline PLC3.78
  • Carrefour SA2.89
  • WPP PLC2.57
  • Engie SA2.54
  • Telecom Italia SpA2.47
  • Eni SpA2.37
  • Credit Suisse Group AG2.27
  • J Sainsbury PLC2.17
  • Cie de Saint-Gobain2.16

Fundamentals

  • Holdings64
  • Avg. Market Cap (Millions)€ 26.062
  • Price/Book0.9
  • Price/Earnings10.9
  • Price/Cash Flow5.5
  • ROE8.0 %
  • Cash2.6 %

Sector Allocation

  • Sector Fund (%)
  • Financials16.37
  • Communication Services14.31
  • Industrials13.62
  • Consumer Staples13.03
  • Health Care9.68
  • Energy9.29
  • Consumer Discretionary7.97
  • Materials5.08
  • Real Estate2.79
  • Information Technology2.68

Top 10 Countries

  • Country Fund (%)
  • United Kingdom 30.85
  • France 22.27
  • Italy 8.95
  • Switzerland 7.20
  • Spain 5.85
  • Germany 4.95
  • Ireland 3.55
  • Russia 3.14
  • Netherlands 3.14
  • Austria 1.88

Fund Performance (Brandes European Value Fund I EUR -- ISIN: IE0031574977)

(As of 30 August 2019)
  • Fund
  • EE I EUR
  • MSCI Europe EUR*
  • NAV
  • € 35.25
  • 1 Mo
  • -2.62%
  • -1.44%
  • 3 Mo
  • -0.37%
  • 3.23%
  • YTD
  • 4.41%
  • 14.92%
  • 1 Yr
  • -7.43%
  • 2.45%
  • 3 Yr
  • 0.38%
  • 6.32%
  • 5 Yr
  • 2.69%
  • 4.74%
  • 10 Yr
  • 6.79%
  • 7.62%
  • Since Inception
  • 7.92%
  • 7.44%
Inception Date: 26/02/2003
Source: Brandes Investment Partners and MSCI.

Past performance is not indicative of future results. For more information on the risks associated with the sub-fund, please refer to the sections entitled Risk Factors in the prospectus. Full details regarding the Fund are set out in the key investor information document (the “KIID”), the prospectus, the articles of association and the latest financial reports published for the Fund (the “Fund Documents”). Before any subscription, it is recommended that you read carefully the Fund Documents.

The Fund documents may be obtained without cost by contacting the Administrator for the Fund, your Financial Representative, or at the offices of the paying agent or representative in each jurisdiction. Austria: Unicredit Bank Austria AG, Schottengasse 6-8, A1010 Vienna, Austria. France: Société Générale, 29 Boulevard Haussmann, 75009 Paris, France. Germany:GerFIS – German Fund Information Service UG (Haftungsbeschränkt), Zum Eichhagen 4, 21382 Brietlingen, Germany. Luxembourg: Société Générale Bank & Trust, 11 Avenue Emile Reuter, L-2420 Luxembourg. SpainAllfunds Bank, S.A., Estafeta 6, la Moraleja, Complejo Plaza de la Fuente, Alcobendas, Madrid, Spain. Switzerland: Representative and Paying Agent: BNP Paribas Securities Services, Paris, succursale de Zurich, Selnaustrasse 16, CH-8002 Zurich, Switzerland. United Kingdom: Duff & Phelps, Ltd., 14th Floor, The Shard, 32 London Bridge Street, London, England SE1 9SG.

The Fund is not offered or sold to “U.S. Persons” as defined in Regulation S of the U.S. Securities Act of 1933.

*The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or retrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk or any uses made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including without limitations, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages (www.msci.com)

The MSCI Europe Index with net dividends is an unmanaged, free float-adjusted market capitalization weighted index that is designed to measure equity market performance of the developed markets in Europe. The MSCI Europe Index consists of 16 developed market country indices. This index includes dividends and distributions net of withholding taxes, but does not reflect fees, brokerage commissions, or other expenses of investing.