Brandes Emerging Markets Value Fund

Gerardo Zamorano, CFA, Director of Investments at Brandes, discusses the performance drivers and detractors for the Brandes Emerging Markets Value Fund. He also explores the narrow contribution of the MSCI Emerging Markets Index’s 2017 return, with the information technology sector accounting for nearly 40% of the index performance for the year.

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Bridgehouse Asset Managers® is a trade name of Brandes Investment Partners & Co. (Bridgehouse). Brandes Investment Partners® is a registered trademark of Brandes Investment Partners, L.P. (Brandes LP), which is an affiliate of Bridgehouse. The foregoing reflects the thoughts, opinions and/or investment strategies of Bridgehouse and/or Brandes and are subject to change at their discretion and without prior notice, based on changing market dynamics or other considerations. Indices are unmanaged and cannot be directly invested into. Securities mentioned herein are not to be construed as a recommendation to buy or sell. Management fees and various sales commission(s) may be associated with investments. The indicated rates of return are the historical annual compounded total returns achieved across a collection of representative accounts (refered to as a “composite”), including changes in security values and reinvestment of all distributions. The returns do not take into account purchases, redemptions, account fees, or income taxes payable that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.