Brandes Investment Partners
took the wraps off the Institutional
Global Equity Fund
and reopened the Institutional International
, which had been closed for a decade.
, director of the private client group, said the San Diego company has offered a global equity strategy for more than 30 years in the form of separate accounts. "We are now happy to report that our Global Equity strategy is available via a new investment vehicle as a mutual fund," he said.
As for the reason behind the international equity fund's reopening, Blodgett pointed out that "the number of extremely undervalued investment opportunities around the world is higher than it's ever been in our firm's nearly 35-year history."
U.S. Bancorp Fund Services
is the service provider for the Brandes funds, which are
are distributed by Quasar Distributors LLC
Company Press Release
SAN DIEGO, Dec. 29 /PRNewswire/ -- Brandes Investment Partners, L.P.
("Brandes") announced today the availability of two mutual funds, the Brandes
Institutional International Equity Fund (Nasdaq: BIIEX) and the Brandes
Institutional Global Equity Fund (Nasdaq: BGVIX). The Brandes Institutional
Global Equity Fund is a new fund, and the Brandes Institutional International
Equity Fund is an existing fund that has reopened since being closed to new
investors on September 30, 1998.
"For over 30 years, we have had a Global Equity strategy in the form of
separate accounts. We are now happy to report that our Global Equity strategy
is available via a new investment vehicle as a mutual fund," said Ed Blodgett,
Director - Private Client Group. "The public can access the new fund through
designated brokerage firms at minimums as low as $2,500."
The International Equity Fund reopened for the first time in more than 10
"In the wake of significant equity market declines over the past year, we
believe the number of extremely undervalued investment opportunities around
the world is higher than it's ever been in our firm's nearly 35-year history,"
Blodgett said. "It's an exciting time to be a long-term investor, and we see
this as an exceptional opportunity for existing and new clients to pursue
competitive future returns."
Brandes Investment Partners has earned a reputation as a leading
investment manager for its global perspective and value-driven, bottom-up
approach to stock selection. Investments for these equity funds will be based
on the decisions of Brandes' investment committees.
"Brandes uses a team approach to investment management, reflecting
knowledge shared among seasoned investment professionals, rather than the
reliance on a single individual," Blodgett added.
For more information, advisors and investors are invited to contact
Brandes at +1.800.237.7119 or visit its website at http://www.brandes.com.
Brandes is a U.S. registered investment advisor. Located at 11988 El
Camino Real, Suite 500, San Diego, California, 92130. Brandes managed
approximately US$69.7 billion on behalf of institutional and individual
investors, as of September 30, 2008.
Mutual fund investing involves risk. Principal loss is possible.
International and emerging markets investing is subject to certain risks such
as currency fluctuation and social and political changes; such risks may
result in greater share price volatility. Stocks of small companies usually
experience more volatility than mid and large sized companies.
The funds' investment objectives, risks, charges, and expenses must be
considered carefully before investing. The prospectus contains this and other
important information about the investment company, and it may be obtained by
calling +1.800.237.7119, or visiting http://www.brandesinstitutionalfunds.com.
Please read prospectuses carefully before investing.
The Brandes funds are distributed by Quasar Distributors, LLC.
Armie Margaret Lee
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