Brandes Investment Partners today announced that UBS Financial Services Inc. will become the first firm to offer the Brandes Value NextShares Fund (Nasdaq: BVNSC) on its platform. The fund seeks to uncover companies with attractive value attributes and focuses primarily on large cap equity securities of U.S. issuers.
Brandes Value NextShares Now Available at UBS
Dukas Linden Public Relations
Dukas Linden Public Relations
SAN DIEGO, February 06, 2019 – Brandes Investment Partners (Brandes) today announced that UBS Financial Services Inc. will become the first firm to offer the Brandes Value NextShares Fund (Nasdaq: BVNSC) on its platform. The fund seeks to uncover companies with attractive value attributes and focuses primarily on large cap equity securities of U.S. issuers.
“We are excited about this opportunity to make the Brandes Value NextShares Fund available to more financial advisors,” said Oliver Murray, Managing Director of Portfolio Management and Client Services at Brandes. “We are committed to providing our clients an opportunity to access actively managed strategies, while providing cost and tax efficiencies through the NextShares structure.”
Launched in February 2018, the Brandes Value NextShares Fund seeks long-term capital appreciation by investing primarily in large-cap U.S. equity securities that are undervalued relative to their financial strength and upside potential. The fund will be the thirteenth introduced by UBS since it became the first full-service wealth manager to offer NextShares through its financial advisor network in 2017.
“Brandes Investment Partners has a strong tradition of successful value investing and we are pleased to see Brandes Value Equity NextShares joining the line-up of NextShares funds offered at UBS,” said Stephen W. Clarke, President of NextShares Solutions LLC.
NextShares are exchange-traded managed funds that can provide built-in cost and tax efficiencies. The Brandes Value NextShares Fund provides an opportunity for investors to capitalize on the firm’s 40+ years of U.S. value equity experience in a vehicle with the cost and tax efficiencies of ETMFs.
About Brandes Investment Partners
Brandes is a leading investment advisory firm, managing global equity and fixed-income assets for clients worldwide. Since the firm's inception in 1974, Brandes has consistently applied the value investing approach to security selection pioneered by Benjamin Graham, and was among the first investment firms to invest globally using a value approach. Headquartered in San Diego, Brandes and its related entities have offices in Milwaukee, Toronto, Dublin and Singapore. To learn more about Brandes, visit the website or follow on LinkedIn.
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
About NextShares Solutions and Eaton Vance
NextShares Solutions is a wholly owned subsidiary of Eaton Vance, formed to develop and commercialize NextShares. Aspects of the operation of NextShares are protected intellectual property owned by NextShares Solutions. For more information, visit nextshares.com.
Eaton Vance Corp. (NYSE: EV) provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital, Hexavest and Calvert, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures. As of December 31, 2018, Eaton Vance had consolidated assets under management of $423.1 billion. Exemplary service, timely innovation and attractive returns across market cycles have been hallmarks of Eaton Vance since 1924. For more information, visit eatonvance.com.
Because the values of the Fund’s investments will fluctuate with market conditions, so will the value of your investment in the Fund. You could lose money on your investment in the Fund, or the Fund could underperform other investments. The values of the Fund’s investments fluctuate in response to the activities of individual companies and general stock market and economic conditions. Stocks of small-sized and mid-sized companies tend to have limited liquidity and usually experience greater price volatility than stocks of larger companies.