Brandes U.S. Value ETF (BUSA)

The Fund seeks long-term capital appreciation by investing primarily in the equity securities of U.S. issuers with equity market capitalizations that exceed $5 billion at the time of purchase.
Contact Us Fact Sheet Quarterly Commentary
  • Ticker Symbol BUSA
  • Cusip 900934308
  • Nav Symbol BUSA.NV
  • Inception Date October 3, 2023
  • Primary Exchange CBOE
  • Expense Ratio 0.60%
  • Dividend Frequency Quarterly

Overview

Why Brandes U.S. Value ETF?

  • Active Value: The fund employs our disciplined, bottom-up investing approach to seek U.S. companies trading below our estimates of intrinsic value.
  • Experience: Brandes has been navigating various global market conditions for over 40 years.
  • Flexibility: The fund is a large-capitalization mandate with the ability and willingness to be different than the benchmark.

Global Large-Cap Investment Committee

  • Brent Fredberg Photo

    Brent Fredberg

    • Director, Investments Group
    Years with Brandes: 24 Years of Industry Experience: 30

    Brent Fredberg is a Director, Investments Group, a Senior Analyst and leader of the Technology Research Team. Mr. Fredberg sits on the Consumer Products Research Team, with a primary focus on household durables companies. He is a member of the Global Large-Cap Investment Committee and the Investment Oversight Committee. Mr Fredberg is a limited partner of the firm’s parent company. 

    Before joining Brandes, Mr. Fredberg was a Financial Analyst and Controller with Raytheon/Amana Appliances. He earned his MBA with distinction from Northwestern University’s Kellogg Graduate School of Management and his BS in finance with distinction from the University of Iowa. Mr. Fredberg is a CMA (inactive). His experience began in 1994 and he joined Brandes Investment Partners in 1999.

  • Ken Little Photo

    Kenneth Little, CFA

    • Managing Director, Investments Group
    Years with Brandes: 27 Years of Industry Experience: 28

    Ken Little oversees the firm’s research efforts and product investment committees. He is a member of the All-Cap Investment Committee and the Global Large-Cap Investment Committee. Additionally he is a member of the firm’s Executive Management Group, which oversees the firm’s day-to-day operations and long-term strategic direction, and a member of the ESG Oversight Committee. He is a limited partner of the firm’s parent company. 

    Before joining Brandes, Mr. Little was a Senior Accountant with KPMG. He holds a BS in accounting from the University of La Verne and an MBA from the Fuqua School of Business at Duke University. Mr. Little is a Certified Public Accountant (inactive). His investment experience began in 1996 when he joined Brandes Investment Partners.

  • Ted Kim Photo

    Ted Kim, CFA

    • Director of Research
    Years with Brandes: 23 Years of Industry Experience: 24

    Ted Kim is the Director of Research, leading the firm’s overall research efforts. He is also a Senior Analyst and leader of the Industrials Research Team, specializing in the automotive and capital goods industries. Mr. Kim is a member of the Global Large-Cap Investment Committee and a limited partner of the firm’s parent company. 

    Before joining Brandes, Mr. Kim was a Product and Manufacturing Engineer at a major U.S. automobile company. He earned his MBA from the Kellogg Graduate School of Management at Northwestern University. Mr. Kim has an MS in system design and management and a BS in mechanical engineering, both from the Massachusetts Institute of Technology. His relevant experience began in 2000 when he joined Brandes Investment Partners.

  • Brian Matthews Photo

    Brian A. Matthews, CFA

    • Director, Investments Group
    Years with Brandes: 22 Years of Industry Experience: 24

    Brian Matthews is a Director, Investments Group and a Senior Analyst on the Telecommunications Research Team. He is a member of the Global Large-Cap Investment Committee and a limited partner of the firm’s parent company. Mr. Matthews was previously a member of the Small-Cap Investment Committee. Before joining the firm, he worked as an Investment Banking Analyst with Merrill Lynch.

    Mr. Matthews earned his BS with concentrations in finance and management (summa cum laude) from the Wharton School of the University of Pennsylvania. His relevant experience began in 2000 and he joined Brandes Investment Partners in 2002.


Performance

Average Annual Total Returns (%)

Data displayed as of Mar 31, 2024

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The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call (866) 307-0477.
ETFs may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market prices (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The Fund is an actively managed ETF, which is a fund that trades like other publicly-traded securities. 

Resources

Fund Report

Brandes Exchange Trades Funds Semi-Annual Report

Fact Sheet

Brandes U.S. Value ETF Fact Sheet

Quarterly Commentary

Brandes U.S. Value ETF Quarterly Commentary

Prospectus

Brandes ETFs Prospectus
Brandes ETFs Statement of Additional Information
Brandes U.S. Value ETF Summary Prospectus
The Russell 1000 Value Index with gross dividends measures performance of the large cap segment of the U.S. equity universe. Securities are categorized as growth or value based on their relative book-to-price ratios, historical sales growth, and expected earnings growth.
The Russell 1000 Index with gross dividends measures performance of the large cap segment of the U.S. equity universe.
  • Investors should consider the investment objectives, risks, charges, and expenses carefully before investing.  For a prospectus with this and other information about the fund, please click here or call (866) 307-0477.  Please read the prospectus carefully before investing.
  • Distributed by Foreside Fund Services, LLC.
  • Investing involves risk, including potential loss of principal.  An investment in the Fund may be subject to risks associated with investing in equity securities, including foreign and value securities risks, issuer risk, and focused investing risk. The Fund may, from time to time, invest a substantial portion of the total value of its assets in securities of issuers located in a particular industry, sector, country or geographic region. During such periods, the Fund may be more susceptible to risks associated with that industry, sector, country, or region. The Fund is an exchange-traded fund and, as a result of this structure, it is exposed to additional trading and transactional risks, limited participant risk, and risks associated with buying and selling shares. The Fund is a recently organized investment company with limited operating history. Please see the prospectus for a discussion of risks.
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