Brandes Institutional Core Plus Fixed Income Fund - Performance
| Monthly Returns as of: 2012-04-30 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fund Name | Ticker | Inception | Month | 3-Month | YTD | 1 year | 3 year | 5 year | 10 year | Since Inception |
| Core Plus Fixed Income I Shares |
BCPIX | 12/28/2007 | 1.02% | 2.33% | 4.32% | 6.08% | 11.67% | -- | -- | 5.13% |
| Core Plus Fixed Income E Shares |
BCPEX | 5/28/2008 | 1.00% | 2.27% | 4.36% | 5.87% | 11.48% | -- | -- | 4.94% |
| Core Plus Fixed Income S Shares |
BCPSX | NA | -- | -- | -- | -- | -- | -- | -- | -- |
| Barclays Capital U.S. Aggregate Index1 |
1.11% | 0.53% | 1.41% | 7.54% | 7.06% | -- | -- | 6.29% | ||
| Average Annual Total Returns as of Quarter-End: 2012-03-31 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fund Name | Ticker | Inception | Month | 3-Month | YTD | 1 year | 3 year | 5 year | 10 year | Since Inception |
| Core Plus Fixed Income I Shares |
BCPIX | 12/28/2007 | 0.35% | 3.25% | 3.25% | 6.31% | 12.15% | -- | -- | 4.98% |
| Core Plus Fixed Income E Shares |
BCPEX | 5/28/2008 | 0.33% | 3.31% | 3.31% | 6.22% | 12.00% | -- | -- | 4.79% |
| Core Plus Fixed Income S Shares |
BCPSX | NA | -- | -- | -- | -- | -- | -- | -- | -- |
| Barclays Capital U.S. Aggregate Index1 |
-0.55% | 0.30% | 0.30% | 7.71% | 6.83% | -- | -- | 6.14% | ||
| Class I | Class E | Class S | |
|---|---|---|---|
| Total Annual Fund Operating Expenses2 | 1.28% | 1.48% | 1.48% |
| Fee Waiver/Expense Reimbursement | -0.78% | -0.78% | -0.78% |
| Net Annual Fund Operating Expenses | 0.50% | 0.70% | 0.70% |
The performance shown above for the Core Plus class E and S Share for the period to 12/28/07 represents the performance for the I Share class of the fund. The E and S Share were first offered on 05/28/08 and mm/dd/yy respectively, while the I Shares were first offered on 12/28/07.
SEC 30-Day Yield (subsidized): 3.30%
SEC 30-Day Yield (unsubsidized): 2.57%
Performance data quoted represents past performance and does not guarantee future results. The 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 of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 800.395.3807.
The Brandes Institutional Core Plus Fixed Income Fund invests in foreign securities, which involve greater volatility and political, economic, and currency risks and differences in accounting methods. Investment by the Brandes Institutional Core Plus Fixed Income Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund may also use options and future contracts, which have the risks of unlimited losses of the underlying holdings due to unanticipated market movements and failure to correctly predict the direction of securities prices, interest rates and currency exchange rates. The investment in options is not suitable for all investors.
Please refer to the Brandes Institutional Core Plus Fixed Income Fund Prospectus for important information about the investment company including investment objectives, risks, charges and expenses. To obtain a hard copy Prospectus, please call the Mutual Fund Group at 800.395.3807.
1. The Barclays Capital U.S. Aggregate Bond Index is an unmanaged index consisting of U.S. dollar- denominated, fixed-rate, taxable bonds. The U.S. Aggregate Bond Index is a broad-based benchmark that measures the investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM passthroughs), ABS, and CMBS. The U.S. Aggregate rolls up into other Barclays Capital flagship indices such as the multi-currency Global Aggregate Index and the U.S. Universal Index, which includes high yield and emerging markets debt. The U.S. Aggregate Index was created in 1986, with index history backfilled to January 1, 1976. The index is a total return index which reflects the price changes and interest of each bond in the index.
2. The Advisor has contractually agreed with Brandes Investment Trust to limit each Fund's Class I, Class E and Class S annual operating expenses, including repayment of previous waivers, to the following percentages of the Fund's average daily net assets attributable to such Classes through the Fund's fiscal year ended January 31, 2012: Core Plus Fund -- 0.50%, 0.70% and 0.70%, respectively.