We are pleased to announce that Brandes has received a CityWire France 2022 award in the category of Best Fund Manager - Equity US Value. The award is presented to the best asset management groups and best fund managers in about 20 categories. The evaluation process considers managers' combined experience, strategy assets under management, consistency of benchmark-relative performance—among other factors.
Brandes Investment Partners, L.P. Director of Investments Brent Fredberg and Kathrin Schindler from Citywire discuss why investors upset by style drift may welcome the Brandes U.S. Value Fund.
| 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: Accumulating A1, I1: Distributing |
| SFDR Classification | Article 8 |
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 information document for packaged retail and insurance-based investment products (the “PRIIPs KID”) or, for UK investors, the key investor information document (the “UCITS 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 | Class A |
|---|---|
| Management Fee | 0.70% |
| Total Expense Ratio | 1.78% |
Data displayed as of 31 Oct 2023
| Characteristic | Brandes U.S. Value Fund | Russell 1000 Value Index |
|---|---|---|
|
Price/Book (x)
Price per share divided by book value per share.
|
1.5 | 2.2 |
|
Price/Earnings (x)
Price per share divided by earnings per share.
|
12.5 | 14.8 |
|
Price/Cash Flow (x)
Price per share divided by cash flow per share.
|
8.8 | 9.7 |
| Equity Yield % | 2.8 | 2.6 |
|
Active Share %
A measure of the percentage of stock holdings in a manager’s portfolio that differs from the benchmark index.
|
80.9 | -- |
| Number of Holdings | 50 | -- |
| Avg. Market Cap ($bil) | 135.9 | 123.5 |
| Security Turnover (TTM) % | 18.8 | -- |
| Company | % | Country | Industry |
|---|---|---|---|
| Chevron Corp | 3.9 | United States | Oil, Gas & Consumable Fuels |
| Halliburton Co | 3.7 | United States | Energy Equipment & Services |
| Comcast Corp | 3.3 | United States | Media |
| McKesson Corp | 2.9 | United States | Health Care Providers & Services |
| Wells Fargo & Co | 2.7 | United States | Banks |
| Merck & Co Inc | 2.7 | United States | Pharmaceuticals |
| FedEx Corp | 2.6 | United States | Air Freight & Logistics |
| Amdocs Ltd | 2.6 | United States | IT Services |
| Bank of America Corp | 2.6 | United States | Banks |
| Fiserv Inc | 2.6 | United States | Financial Services |
| % of Fund | 29.6 | ||
| Fund holdings are subject to change at any time at the discretion of the investment manager. | |||
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, Belgium, France, Germany, Luxembourg, Netherlands, and the United Kingdom: FE fundinfo (Luxembourg) S.à.r.l., 6 Boulevard des Lumières, Belvaux, 4369 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. 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.
Best Fund Manager 2022 was awarded to the Brandes U.S. Value Fund, a sub-fund of Brandes Investment Funds plc, which provides UCITS Funds for non-U.S. investors. Best Fund Manager Awards go to the individual fund manager generating the highest risk-adjusted returns in a particular sector over the past three years to 30 September 2022 in France. These are based on the individual track records for all funds they have run in the sector over this period. No fee was paid for the award. Past performance is not a guarantee of future results.
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