UCITS Funds

We offer a diversified suite of actively managed funds that cover key asset classes and investment styles to meet the financial needs of investors worldwide. 

 

  • ISIN IE0031575610
  • Inception Date 16 February 2023
  • Dividend Frequency Annual
  • Number of Holdings 53
  • Total Net Assets Value $1.4 billion (As of 30 Jun 2024)
  • Share Price (GBP) 10.91 (As of 23 Jul 2024)
  • Article 8 logo bug

Overview

Why Brandes U.S. Value Fund?

  • Value: The fund employs our disciplined, bottom-up investing approach to seek U.S. companies trading below our estimates of intrinsic value. 
  • Experience: Brandes has been navigating various global market conditions for over 40 years.
  • Flexibility: The strategy is an all-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: Accumulating
A1, I1: Distributing
SFDR Classification Article 8
Swipe to View Fund Information

Performance

Share Class Performance (%)

Data displayed as of 30 Jun 2024

Swipe to View Month End
Source: Brandes Investment Partners and Russell.

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

Fees/Expenses Class I
Management Fee 0.70%
Total Expense Ratio 0.85%
Swipe to View Fees/Expenses

Fund

Data displayed as of 30 Jun 2024

Characteristics

Characteristic Brandes U.S. Value Fund Russell 1000 Value Index
Price/Book (x)
Price per share divided by book value per share.
1.8 2.5
Price/Earnings (x)
Price per share divided by earnings per share.
14.9 19.0
Price/Cash Flow (x)
Price per share divided by cash flow per share.
10.7 11.8
Equity Yield % 2.1 2.2
Active Share %
A measure of the percentage of stock holdings in a manager’s portfolio that differs from the benchmark index.
81.8 --
Number of Holdings 53 --
Avg. Market Cap ($bil) 172.5 147.9
Security Turnover (TTM) % 15.4 --
Swipe to View Characteristics

Top 10 Holdings (%)

Company % Country Industry
Chevron Corp 3.5 United States Oil, Gas & Consumable Fuels
Bank of America Corp 3.3 United States Banks
Wells Fargo & Co 2.9 United States Banks
Halliburton Co 2.9 United States Energy Equipment & Services
Merck & Co Inc 2.9 United States Pharmaceuticals
Alphabet Inc 2.8 United States Interactive Media & Services
Citigroup Inc 2.6 United States Banks
The Cigna Group 2.6 United States Health Care Providers & Services
Comcast Corp 2.5 United States Media
Fiserv Inc 2.5 United States Financial Services
% of Fund 28.5    
Fund holdings are subject to change at any time at the discretion of the investment manager.
Swipe to View Top 10 Holdings

Sector Allocation (%)

Swipe to View Sector Allocation (%)

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. 

Please click for sustainability related disclosures for the purposes of Article 10 of the EU Sustainable Finance Disclosures Regulation.

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 Russell 1000 Value Index with net dividends measures performance of the large cap segment of the U.S. equity universe. Securities are categorized as growth or value based on their relative book to price ratios, historical sales growth, and expected earnings growth.
Copyright 2024 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.
The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings for other share classes may differ. For current performance, please view the Performance page of the web site or call 800.395.3807.