Brandes
Brandes IP International Small Cap Equity Fund
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy, behind 1 investment thesis and positions in 16 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Brandes for every strategy.
Performance
as of Jun 30, 2026 · net of fees · USD · Class A
- YTD−2.3%index +9.1%
- 1Y+5.1%index +19.8%
- 3Y · /yr+27.0%index +16.4%
- 5Y · /yr+16.4%index +6.3%
- 10Y · /yr+10.8%index +9.1%
- Inception · /yr+10.1%index +7.3%
Index: MSCI ACWI ex USA Small Cap Index
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Brandes IP International Small Cap Equity Fund | −2.3% | +5.1% | +27.0% | +16.4% | +10.8% | +10.1% |
| MSCI ACWI ex USA Small Cap Index | +9.1% | +19.8% | +16.4% | +6.3% | +9.1% | +7.3% |
Since inception: Since Inception 8/20/1996
Disclaimer
These figures are copied from the manager’s latest letter, as of Jun 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
New additions to the Fund’s portfolio included Japanese hematology business Sysmex and Luxembourg-based luggage manufacturer Samsonite Group.
Meanwhile, the small cap investment committee exited positions in U.K.-based construction and engineering company Balfour Beatty and uranium company Yellow Cake, as well as machinery business Kennametal.
Meanwhile, the small cap investment committee exited positions in U.K.-based construction and engineering company Balfour Beatty and uranium company Yellow Cake, as well as machinery business Kennametal.
New additions to the Fund’s portfolio included Japanese hematology business Sysmex and Luxembourg-based luggage manufacturer Samsonite Group.
Meanwhile, the small cap investment committee exited positions in U.K.-based construction and engineering company Balfour Beatty and uranium company Yellow Cake, as well as machinery business Kennametal.
Also held
- Montana Aerospace
- Draegerwerk
- Aalberts
- Open Text
- NICE
- Fibra Uno
- Magyar Telekom
- Ontex Group
- Globant
- Mondi
- Societe BIC
- Millicom International Cellular
- Grifols