Regulatory Literature

Prospectus 

Brandes Equity Funds Prospectus

Brandes Core Plus Fixed Income Fund Prospectus

Brandes SMART Fund Prospectus

Brandes Core Plus Fixed Income Fund Summary Prospectus

Brandes Emerging Markets Value Fund Summary Prospectus

Brandes Global Equity Fund Summary Prospectus

Brandes International Equity Fund Summary Prospectus

Brandes International Small Cap Fund Summary Prospectus

Brandes SMART Fund Summary Prospectus

Brandes Small Cap Value Fund Summary Prospectus

Financial Statements and Additional Information

Brandes Funds Annual Financial Statements and Other Information (September 30, 2024)

Brandes Funds Annual Financial Statements and Other Information (March 31, 2025)

Brandes SMART Annual Financial Statements and Other Information (September 30, 2024)

Brandes SMART Annual Financial Statements and Other Information (March 31, 2025)

Funds Semi-Annual Report

SMART Fund Semi-Annual Report

Brandes Funds Statement of Additional Information

Form N-PX Proxy Voting

Holdings Reports

Funds Portfolio Holdings (June 30, 2024)

SMART Fund Portfolio Holdings (June 30, 2024)

Funds Portfolio Holdings (December 31, 2024)

SMART Fund Portfolio Holdings (December 31, 2024)

Tailored Shareholder Reports

Brandes Core Plus Fixed Income Fund

Class A (September 30, 2024); Class A (March 31, 2025)

Class I (September 30, 2024); Class I (March 31, 2025)

Class R6 (September 30, 2024); Class R6 (March 31, 2025)

Brandes Emerging Markets Value Fund

Class A (September 30, 2024); Class A (March 31, 2025)

Class C (September 30, 2024); Class C (March 31, 2025)

Class I (September 30, 2024); Class I (March 31, 2025)

Class R6 (September 30, 2024); Class R6 (March 31, 2025)

Brandes Global Equity Fund

Class A (September 30, 2024); Class A (March 31, 2025)

Class C (September 30, 2024); Class C (March 31, 2025)

Class I (September 30, 2024); Class I (March 31, 2025)

Brandes International Equity Fund

Class A (September 30, 2024); Class A (March 31, 2025)

Class C (September 30, 2024); Class C (March 31, 2025)

Class I (September 30, 2024); Class I (March 31, 2025)

Class R6 (September 30, 2024); Class R6 (March 31, 2025)

Brandes International Small Cap Equity Fund

Class A (September 30, 2024); Class A (March 31, 2025)

Class C (September 30, 2024); Class C (March 31, 2025)

Class I (September 30, 2024); Class I (March 31, 2025)

Class R6 (September 30, 2024); Class R6 (March 31, 2025)

Brandes Separately Managed Account Reserve Trust (September 30, 2024)

Brandes Separately Managed Account Reserve Trust (March 31, 2025)

Brandes Small Cap Value Fund

Class A (September 30, 2024); Class A (March 31, 2025)

Class I (September 30, 2024); Class I (March 31, 2025)

Class R6 (September 30, 2024); Class R6 (March 31, 2025)