BISAX Performance — Brandes International Small Cap Equity Fund, Class A
Data updated: 2026-08-26
BISAX returned −2.30% year to date and +5.07% over one year to Jun 2026. Over one year the fund trailed its International Small Value category average: $100 grew to $105, against $122 for the category. Volatility over the past 12 months was 12.13% a year. In the 12 months to Jun 2026 the fund took in a net $57.7M, and assets reached $1.29B.
BISAX Growth of $100
What $100 invested in Brandes International Small Cap Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Small Value category average over the same months.
| Period | BISAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $122 |
| Since data start (Jul 2024 – Jun 2026) | $151 | $147 |
BISAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −2.30% |
| 1 year | +5.07% |
3- and 5-year figures withheld: too few months to verify.
BISAX Annual Returns
Calendar-year total returns of Brandes International Small Cap Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −2.30% |
| 2025 | +45.47% |
| 2024 (Jul–Dec) | +6.34% |
BISAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.4% | +3.5% | −8.4% | +2.8% | −0.2% | −3.8% | — | — | — | — | — | — |
| 2025 | +3.7% | +4.1% | +2.3% | +5.4% | +8.2% | +7.4% | +1.9% | +1.8% | +0.8% | −0.2% | +1.1% | +2.1% |
| 2024 | — | — | — | — | — | — | +4.6% | +2.3% | +2.5% | −3.1% | +0.8% | −0.8% |
BISAX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 12.13%
- Best month: +4.42% (Jan 2026)
- Worst month: −8.39% (Mar 2026)
BISAX Fund Flows
Monthly money in and out of Brandes International Small Cap Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $57.7M
- 12-month gross sales (incl. reinvestments): $708.1M
- Sales ÷ redemptions: 1.09×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $26.9M | $102.0M | −$75.1M |
| May 2026 | $37.4M | $70.7M | −$33.2M |
| Apr 2026 | $38.1M | $54.8M | −$16.7M |
| Mar 2026 | $41.4M | $49.7M | −$8.3M |
| Feb 2026 | $65.1M | $22.2M | $43.0M |
| Jan 2026 | $84.9M | $40.1M | $44.8M |
| Dec 2025 | $53.4M | $36.8M | $16.7M |
| Nov 2025 | $33.4M | $24.6M | $8.9M |
| Oct 2025 | $62.0M | $109.4M | −$47.4M |
| Sep 2025 | $63.2M | $49.0M | $14.2M |
| Aug 2025 | $86.7M | $30.1M | $56.6M |
| Jul 2025 | $115.5M | $61.2M | $54.4M |
BISAX Assets Under Management
Net assets of Brandes International Small Cap Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.29B |
| 2026-03-31 | $1.46B |
| 2025-12-31 | $1.40B |
| 2025-09-30 | $1.40B |
| 2025-06-30 | $1.22B |
| 2025-03-31 | $795.81M |
| 2024-12-31 | $651.96M |
| 2024-09-30 | $666.57M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.