About BISMX
The Brandes International Small Cap Equity Fund Class I is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of small-cap companies located outside the United States. The fund targets firms with market capitalizations of $7.5 billion or less at the time of investment, spanning at least three non-U.S. countries. It employs a value-oriented strategy, seeking securities the investment team believes are undervalued based on fundamental analysis. The portfolio may include common and preferred stocks, real estate investment trusts (REITs), warrants, and rights, with up to 30% of its assets eligible for investment in emerging and frontier markets, which tend to exhibit higher volatility and risk alongside potential rewards. The fund maintains significant allocation to sectors such as industrials, consumer staples, healthcare, and financials, and typically has a concentrated top holdings profile. Designed for institutional investors, it features a relatively high minimum investment and falls within the foreign small/mid value category. The fund’s role is to provide investors with diversified exposure to undervalued international small-cap equities, making it a distinctive vehicle for accessing less-followed segments of the global equity market.
Fund Family Brandes
Category Foreign Small/Mid Value
Performance Rating High
Risk Rating Above Average
Ticker Symbol BISMX
Share Class Class I
Index S&P Developed ex U.S. SmallCap TR USD
BISMX had a total return of 49.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 45.98%.
