SAN DIEGO, Feb. 12, 2019 /PRNewswire/ -- Brandes
Investment Partners (Brandes) today announced that UBS Financial
Services Inc. will become the first firm to offer the Brandes Value
NextShares Fund (Nasdaq: BVNSC) on its platform. The fund seeks to
uncover companies with attractive value attributes and focuses
primarily on large cap equity securities of U.S. issuers.
"We are excited about this opportunity to make the Brandes Value
NextShares Fund available to more financial advisors," said
Oliver Murray, Managing Director of
Portfolio Management and Client Services at Brandes. "We are
committed to providing our clients an opportunity to access
actively managed strategies, while providing cost and tax
efficiencies through the NextShares structure."
Launched in February 2018, the
Brandes Value NextShares Fund seeks long-term capital appreciation
by investing primarily in large-cap U.S. equity securities that are
undervalued relative to their financial strength and upside
potential. The fund will be the thirteenth introduced by UBS since
it became the first full-service wealth manager to offer NextShares
through its financial advisor network in 2017.
"Brandes Investment Partners has a strong tradition of
successful value investing and we are pleased to see Brandes Value
Equity NextShares joining the line-up of NextShares funds offered
at UBS," said Stephen W. Clarke,
President of NextShares Solutions LLC.
NextShares are exchange-traded managed funds that can provide
built-in cost and tax efficiencies. The Brandes Value NextShares
Fund provides an opportunity for investors to capitalize on the
firm's 40+ years of U.S. value equity experience in a vehicle with
the cost and tax efficiencies of ETMFs.
About Brandes Investment Partners
Brandes is a leading investment advisory firm, managing global
equity and fixed-income assets for clients worldwide. Since the
firm's inception in 1974, Brandes has consistently applied the
value investing approach to security selection pioneered by
Benjamin Graham, and was among the
first investment firms to invest globally using a value approach.
Headquartered in San Diego,
Brandes and its related entities have offices in Milwaukee, Toronto, Dublin and Singapore. To learn more about Brandes, visit
the website or follow on LinkedIn.
About UBS
UBS provides financial advice and solutions to wealthy,
institutional and corporate clients worldwide, as well as private
clients in Switzerland. UBS'
strategy is centered on our leading global wealth management
business and our premier universal bank in Switzerland, enhanced by Asset Management and
the Investment Bank. The bank focuses on businesses that have a
strong competitive position in their targeted markets, are capital
efficient, and have an attractive long-term structural growth or
profitability outlook.
UBS is present in all major financial centers worldwide. It has
offices in 52 countries, with about 34% of its employees working in
the Americas, 34% in Switzerland,
18% in the rest of Europe, the
Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs
approximately 61,000 people around the world. Its shares are listed
on the SIX Swiss Exchange and the New York Stock Exchange
(NYSE).
About NextShares Solutions and Eaton Vance
NextShares Solutions is a wholly owned subsidiary of Eaton
Vance, formed to develop and commercialize NextShares. Aspects of
the operation of NextShares are protected intellectual property
owned by NextShares Solutions. For more information, visit
nextshares.com.
Eaton Vance Corp. (NYSE: EV) provides advanced investment
strategies and wealth management solutions to forward-thinking
investors around the world. Through principal investment affiliates
Eaton Vance Management, Parametric, Atlanta Capital, Hexavest and
Calvert, the Company offers a
diversity of investment approaches, encompassing bottom-up and
top-down fundamental active management, responsible investing,
systematic investing and customized implementation of
client-specified portfolio exposures. As of December 31, 2018, Eaton Vance had consolidated
assets under management of $423.1
billion. Exemplary service, timely innovation and attractive
returns across market cycles have been hallmarks of Eaton Vance
since 1924. For more information, visit eatonvance.com.
Mutual fund investing involves risk. Principal loss is
possible.
Past performance is not a guarantee of future
results.
A mutual fund's investment objectives, risks, charges and
expenses must be considered carefully before investing. The
statutory and summary prospectuses contain this and other important
information about the investment company, and may be obtained by
calling 1.800.395.3807 or visiting www.brandesfunds.com. Read
carefully before investing.
The Brandes Funds are distributed by ALPS Distributors, Inc.
BNS000125
MEDIA CONTACT:
Stephanie Dressler
Dukas Linden Public Relations
stephanie@dlpr.com
949.269.2535
Shaina Lamb
Dukas Linden Public Relations
shaina@dlpr.com
646.808.3731
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SOURCE Brandes Investment Partners