BISMX – Brandes International Small Cap Equity I Investment Strategy | Morningstar

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Strategy

The investment seeks long term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities of small capitalization companies. The fund's managers consider a company to be a small capitalization company if it has a market capitalization of $10 billion or less. Equity securities include common and preferred stocks, real estate investment trusts (“REITs”), warrants and rights.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BISMX	Brandes International Small Cap Equity Fund Class I	Institutional	Open			Feb 1, 2012	$1.18B	1.070%	Average	$100,000	−$128.22M
BISAX	Brandes International Small Cap Equity Fund Class A	Front Load	Open			Jan 31, 2012	$152.64M	1.280%	Average	$2,500	−$16.48M
BINCX	Brandes International Small Cap Equity Fund Class C	Level Load	Open			Jan 31, 2013	$10.42M	1.870%	Low	$2,500	−$936,180.53
BISRX	Brandes International Small Cap Equity Fund Class R6	Retirement, Large	Open			Jun 27, 2016	$9.19M	1.000%	Average	$1M	−$1.23M

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