Brandes International ETF
BINV
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael D. Zarrillo
- Full Time Employees
- 78
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 11988 El Camino Real, Suite 600 San Diego CA United States of America 92130
- IPO Date
- Oct 5, 2023
- Website
- brandes.com
- Similar Companies
- Business
- Brandes International ETF (BINV) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. issuers the fund's investment team believes are undervalued relative to their financial strength and upside potential; these include common and preferred stocks, American Depositary Receipts (ADRs), warrants, and rights of companies across developed and emerging markets, with a focus on those deriving at least 50% of revenue from business activities outside the U.S. and typically exhibiting market capitalizations exceeding $5 billion. The ETF, sponsored and managed by Brandes Investment Partners L.P., an independently owned value investment firm founded in 1974 and headquartered in San Diego, California, with additional offices in Milwaukee, Toronto, Dublin, and Singapore, trades on the Cboe exchange under ticker BINV with an expense ratio of 0.70% and quarterly dividend distributions. It targets institutional and individual investors seeking exposure to global ex-U.S. value equities in sectors such as consumer defensive, healthcare, consumer cyclical, and technology, maintaining flexibility to concentrate in specific industries, countries, or regions or hold cash equivalents as opportunities dictate. Launched on October 5, 2023, as the first of three active ETFs introduced by Brandes Investment Partners in partnership with Goldman Sachs ETF Accelerator to expand access to its fundamental value strategies, BINV has grown its assets under management to approximately $406 million amid strong fund flows of over $104 million in the past year. Recent portfolio adjustments as of mid-2024 reflect ongoing active management, with top holdings including Takeda Pharmaceutical Co. Ltd. (2.64%), Kering SA (2.59%), Swatch Group AG (2.37%), Petroleo Brasileiro SA - Petrobras (2.34%), and Heineken Holding NV (2.21%), alongside positions in Sanofi, Astellas Pharma, and Alibaba Group Holding. In 2025, Brandes Investment Partners expanded its fund services relationship with Northern Trust for custody and administration support, while launching the Brandes Global Value Fund in Australia through a partnership with Equity Trustees as responsible entity, signaling broader strategic growth in active value offerings beyond the ETF suite. The firm was also named to Pensions & Investments' 2025 Best Places to Work in Money Management, underscoring operational strength amid these developments.