(As of 11/30/2025)

Brandes Canadian Equity Fund Series A

(Canadian Focused Small/Mid Cap Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2018
2017
2016
2014



Inception Return
(7/2/2002)
7.33 %
YTD Return 22.23 %
NAVPS
(12/31/2025)
$41.58
Change $0.03 / 0.08 %
Growth of $10,000 (As of November 30, 2025)
MER 2.31 %
Assets ($mil) $98.85
Rank (1Yr) 3/48
Std Dev (3Yr) 18.23 %
Volatility Ranking (3Yr) 4/10
RRSP Eligibility Yes
Load Choice of Front or No Load
Max Front End 5.00 %
Max Back End 5.50 %
Sales Status Open
 
Objective
The fundamental investment objective of Brandes Canadian Equity Fund is to achieve long-term capital appreciation by investing primarily in the equity securities of Canadian issuers. The Fund may also invest in foreign equity securities.
Fund Manager

Brandes Investment Partners & Co.

Portfolio Manager

Brandes Investment Partners & Co.

Sub-Advisor

Mark Costa, Brandes Investment Partners L.P.

Robert J. Gallagher, Brandes Investment Partners L.P.

Yingbin Chen, Brandes Investment Partners L.P.

Ralph Birchmeier, Brandes Investment Partners L.P.

Luiz G. Sauerbronn, Brandes Investment Partners L.P.

 
Asset Allocation
(As of November 30, 2025)
Sector Allocation
(As of November 30, 2025)
Geographic Allocation
(As of November 30, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Open Text CorpCanadian EquityTechnologyCanada5.07%
CAE IncCanadian EquityIndustrial ServicesCanada5.07%
Winpak LtdCanadian EquityBasic MaterialsCanada4.98%
Magellan Aerospace CorpCanadian EquityIndustrial GoodsCanada4.58%
Pason Systems IncCanadian EquityEnergyCanada4.12%
Heineken Holding NVInternational EquityConsumer GoodsEuropean Union3.97%
Kennametal IncUS EquityIndustrial GoodsUnited States3.70%
Swatch Group AG Cl NInternational EquityConsumer GoodsOther European3.66%
Sprott Physical Uranium Trust - UnitsIncome Trust UnitsBasic MaterialsCanada3.47%
CCL Industries Inc Cl BCanadian EquityBasic MaterialsCanada3.14%

Performance Data (As of November 30, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 1.22 7.68 12.79 22.23 19.21 17.56 17.44 9.99
Benchmark 3.68 12.62 29.35 34.09 29.79 19.00 14.05 10.90
Quartile Ranking 2 1 1 1 1 1 1 1

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 16.93 13.41 -2.34 33.20 9.10 -0.47 -11.65 7.23 21.32 2.59
Benchmark 18.86 8.17 -10.51 18.74 12.92 17.42 -14.41 7.15 27.23 -3.54
Quartile Ranking 3 1 1 1 3 4 3 4 2 2

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