Brandes - EMEA - Brandes Global Value Fund

Brandes Global Value Fund

Long-term capital appreciation by investing primarily in global equity securities of issuers listed or traded on Recognised Exchanges whose equity market capitalisations exceed US$5 billion at the time of purchase.

Put the World’s Engines of Wealth Creation to Work in Your Portfolio

  • Fund Objective — Long-term capital appreciation by investing primarily in global equity securities of issuers listed or traded on Recognised Exchanges whose equity market capitalizations exceed $5 billion at the time of purchase.
  • 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 USD
  • Class I EUR
  • Class I GBP
  • Class I1 USD
  • Class I1 GBP
  • Class A USD
  • Class A EUR
  • Class A GBP
  • Class A1 USD
  • Class A1 GBP
  • Class S USD
  • Class S EUR
  • Class S GBP
  • ISIN
  • IE0031574191
  • IE0031574209
  • IE0031574423
  • IE00BYWTYM20
  • IE00B1SHJJ14
  • IE0031573896
  • IE0031573904
  • IE0031574084
  • IE00BYWTYL13
  • IE00B1SHJL36
  • IE00BYWGLF52
  • IE00BYWGLG69
  • IE00BYWGLH76
  • CUSIP
  • G1309T154
  • G1309T147
  • G1309T105
  • G1309T683
  • G1309T311
  • G1309T121
  • G1309T139
  • G1309T113
  • G1309T675
  • G1309T329
  • G1309T816
  • G1309T824
  • G1309T832
  • Sedol
  • 3157419
  • 3157420
  • 3157442
  • BYWTYM2
  • B1SHJJ1
  • 3157389
  • 3157390
  • 3157408
  • BYWTYL1
  • B1SHJL3
  • BYWGLF5
  • BYWGLG6
  • BYWGLH7
  • Bloomberg
  • BRANGEI
  • BRANGEE
  • BIFGEAE
  • BRNGI1U
  • BRGLEFI
  • BIFGEAD
  • BIFGGAE
  • BIFGEAS
  • BRNGA1U
  • BIFGEA1
  • BRANGUS
  • BRANGES
  • BRANGGS
  • Lipper
  • 60078569
  • 60078570
  • 60079023
  • 68438420
  • 65137387
  • 60078566
  • 60078567
  • 60078568
  • 68438419
  • 68049821
  • 68529228
  • 68529229
  • 68529230
  • Inception Date
  • 24/09/2002
  • 01/11/2002
  • 29/11/2002
  • N/A
  • 18/04/2007
  • 29/11/2002
  • 29/11/2002
  • 29/11/2002
  • N/A
  • 07/04/2010
  • N/A
  • N/A
  • N/A

Seize the Capital Appreciation Potential in Global Value Equities

  • Increase Your Opportunity Set — Diversify across a mix of companies globally.
  • Gain Exposure to Global Companies Doing Business in Emerging Markets — The fund’s investments include companies with operations in emerging markets, where a significant percentage of the world’s growth over the foreseeable future is predicted to come from1.
  • Potential Dividend Income — Some global equities pay dividends, which can result in attractive dividend yields if the securities were acquired at low prices2.


IMF Data Mapper "World Economic Outlook" April 2018.

The declaration and payment of shareholder dividends are solely at the discretion of the issuer and are subject to change at any time.


Partner with a Pioneer in Global Value Investing

  • Experienced Professionals — The Investment Team is composed of experienced professionals who have navigated through many 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 estimates of their true worth.
  • 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.
  • Flexible approach — The Fund is unconstrained by any market index and can invest anywhere value opportunities are most compelling, including those in emerging markets.
  • 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 (%)
  • GlaxoSmithKline PLC3.83
  • Sanofi3.79
  • Citigroup Inc3.30
  • Engie SA2.78
  • McKesson Corp2.77
  • Merck & Co Inc2.72
  • Schneider Electric SE2.56
  • BP PLC2.28
  • Wells Fargo & Co2.25
  • Imperial Brands PLC2.22

Fundamentals

  • Holdings59
  • Avg. Market Cap (Millions)$75,879
  • Price/Book1.1
  • Price/Earnings12.8
  • Price/Cash Flow6.6
  • ROE8.5 %
  • Cash3.4 %

Sector Allocation

  • Sector Fund (%)
  • Financials22.13
  • Health Care21.94
  • Consumer Discretionary10.03
  • Consumer Staples9.45
  • Energy9.34
  • Industrials6.24
  • Communication Services5.66
  • Information Technology5.46
  • Utilities2.78
  • Real Estate2.18

Top 10 Countries

  • Country Fund (%)
  • United States 33.62
  • United Kingdom 18.17
  • France 13.67
  • South Korea 5.99
  • Switzerland 4.62
  • Italy 2.63
  • Japan 2.58
  • Brazil 2.22
  • Mexico 2.18
  • Finland 1.80

Fund Performance (Brandes Global Value Fund I USD -- ISIN: IE0031574191)

(As of 30 August 2019)
  • Fund
  • GL I USD
  • MSCI World USD*
  • NAV
  • $28.26
  • 1 Mo
  • -4.04%
  • -2.05%
  • 3 Mo
  • 0.39%
  • 4.93%
  • YTD
  • 3.06%
  • 15.15%
  • 1 Yr
  • -8.28%
  • 0.26%
  • 3 Yr
  • 4.38%
  • 9.63%
  • 5 Yr
  • 0.89%
  • 6.15%
  • 10 Yr
  • 5.87%
  • 9.20%
  • Since Inception
  • 6.32%
  • 8.63%
Inception Date: 24/09/2002
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 World Index with net dividends is an unmanaged, free float-adjusted market capitalisation weighted index that is designed to measure the equity market performance of developed markets. The MSCI World Index consists of 24 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.