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.
  • ISIN IE0031574191
  • Inception Date 24 September 2002
  • Dividend Frequency None
  • Number of Holdings 65
  • Total Net Assets Value $92.4 million (As of 31 Oct 2022)
  • Share Price (USD) 38.65 (As of 30 Nov 2022)

Overview

Why Brandes Global Value Fund?

  • Value: The strategy employs our disciplined, bottom-up investing approach to seek companies worldwide trading below our estimates of intrinsic value.
  • Experience:  Brandes has been navigating various global market conditions for over 40 years.
  • Flexibility: The strategy is a large-capitalization mandate with the ability and willingness to be different than the benchmark. 

Fund Information

Fund Information Values
Legal Structure UCITS
Domicile Ireland
Registered AT, BE, CH, DE, ES, FR, IE, LUX, NL, UK
Trade Frequency Daily
Dealing Cutoff 16:00 New York Time
Base Currency USD
Dividend Policy A, I, S, X: Accumulating
A1, I1: Distributing
Swipe to View Fund Information

Performance

Share Class Performance (%)

Data displayed as of 31 Oct 2022

Swipe to View Month End
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.

Fees/Expenses

Fees/Expenses Class I
Management Fee 0.70%
Total Expense Ratio 0.92%
Swipe to View Fees/Expenses

Morningstar Rating

IE0031574191 as of 31 Oct 2022

Total # of Funds 478 Global Large-Cap Value Equity
The Overall Morningstar Rating is derived from a weighted average of the fund's three-, five- and ten-year (if applicable). Morningstar Ratings metrics which are based on risk-adjusted return performance.

Fund

Data displayed as of 31 Oct 2022

Characteristics

Characteristic Brandes Global Value Fund MSCI World Index
Price/Book (x)
Price per share divided by book value per share.
1.2 2.7
Price/Earnings (x)
Price per share divided by earnings per share.
9.5 17.4
Price/Cash Flow (x)
Price per share divided by cash flow per share.
5.1 11.8
Equity Yield % 3.8 2.2
Active Share %
A measure of the percentage of stock holdings in a manager’s portfolio that differs from the benchmark index.
92.1 --
Number of Holdings 65 --
Avg. Market Cap ($bil) 90.6 325.9
Security Turnover (TTM) % 17.9 --
Swipe to View Characteristics

Top 10 Holdings (%)

Company % Country Industry
General Dynamics Corp 3.2 United States Aerospace & Defense
Cigna Corp 3.0 United States Health Care Providers & Services
UBS Group AG 2.8 Switzerland Capital Markets
Sanofi 2.7 France Pharmaceuticals
Wells Fargo & Co 2.6 United States Banks
TotalEnergies SE 2.5 France Oil, Gas & Consumable Fuels
Bank of America Corp 2.3 United States Banks
McKesson Corp 2.3 United States Health Care Providers & Services
Imperial Brands PLC 2.3 United Kingdom Tobacco
Fiserv Inc 2.3 United States IT Services
% of Fund 26.0    
Fund holdings are subject to change at any time at the discretion of the investment manager.
Swipe to View Top 10 Holdings

Top 10 Country Allocation (%)

Swipe to View Top 10 Country Allocation (%)

Sector Allocation (%)

Swipe to View Sector Allocation (%)

Regional Allocation (%)

Swipe to View Sector Allocation (%)

Market Weightings (%)

Market Classification Brandes Global Value Fund MSCI World Index
Developed Markets 86.8 100.0
Emerging Markets 12.4 -
Swipe to View Market Weightings (%)

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. Belgium : Brandes Investment Partners (Europe) Limited, Alexandra House, The Sweepstakes, Ballsbridge, Dublin, D04 C7H2, Ireland. 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. Spain: Allfunds 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. Please note that not all share classes are available in each of the foregoing jurisdictions listed above. 

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 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.
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)
Copyright 2022 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.