Bridgehouse Asset Managers Announces Changes to the Bridgehouse Funds

NEW Currency Hedged Classes for Three Bridgehouse Funds and Name Change to Brandes Emerging Markets Equity Fund

TORONTO, April 23, 2015 /CNW/ - Bridgehouse Asset Managers has just introduced currency-hedged classes on three of its mutual funds. The innovative investment solution responds to the desire for exposure to the global stock selection expertise of Brandes Investment Partners, L.P. and Lazard Asset Management (Canada) Inc., while minimizing the impact of currency fluctuations.

Currency hedged classes are being added to: Brandes Global Equity Fund, Brandes U.S. Equity Fund and Lazard Global Equity Income Fund. They will be available across all purchase options (traditional and Bridgehouse Private Client). For these classes the developed markets foreign currency exposure will be hedged to the Canadian dollar.

"Fluctuating currencies concern advisors and investors. We believe hedging decisions are best made at the individual client level. We are offering a currency-hedged option on our global mandates to provide advisors the ability to manage the overall currency risks within their clients' broader portfolios." says Bridgehouse President & COO Carol Lynde. "We strive to expand our platform with solutions we believe are enduring and will benefit Canadian investors over the long term. This option aligns with that goal and responds to currency fluctuation concerns."

Name Change to Brandes Emerging Markets Equity Fund
Effective April 22, 2015, the name of the Brandes Emerging Markets Equity Fund has been changed to the Brandes Emerging Markets Value Fund to align with the global naming convention of similar emerging markets portfolios managed by Brandes Investment Partners, L.P. Note that there is no change to the investment objective or strategy of this Fund.

About Bridgehouse Asset Managers:
Bridgehouse Asset Managers (Bridgehouse), a trade name of Brandes Investment Partners & Co. since 2013, offers time-tested investment solutions to Canadians, leveraging the expertise of world-class investment managers. In everything it does, Bridgehouse is committed to partnering with investment professionals to help Canadians reach their financial goals and become smarter investors. Bridgehouse offers 21 mutual funds featuring a variety of asset classes, styles and objectives to meet individual needs for growth or income. Our investment managers all employ an active management philosophy, with a goal of outperforming benchmarks and peers, and helping investors build long-term wealth in their portfolios. Through one source, investors can access the expertise of four world-class investment managers: Brandes Investment Partners, L.P., Greystone Managed Investments Inc., Lazard Asset Management (Canada) Inc. and Sionna Investment Managers Inc. For more about Bridgehouse visit: bridgehousecanada.com.

Brandes Investment Partners & Co., operating as Bridgehouse Asset Managers (Bridgehouse), is the manager of the Bridgehouse Funds. Units of the Bridgehouse Funds are available through registered dealers only and not available through Bridgehouse. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 

SOURCE Bridgehouse Asset Managers

For further information: Media Contact: Matthew Brundage, Vice President, Marketing, Bridgehouse Asset Managers, 416.306.5748, matthew.brundage@bridgehousecanada.com

RELATED LINKS
http://www.brandesinvestments.ca

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