Brandes International Small Cap Equity Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.0 0.0
Stocks 3.89 3.89
Bonds 0.0 0.0
Other 0.07 0.07
Foreign Bonds 0.36 0.36
Foreign Stocks 95.69 95.69
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 03.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 03.31.2013

Ticker YTD Return % % Net Assets
Fuji Machine Mfg. 6134 --- 3.42
Haw Par Corporation Limited H02 --- 3.25
Sierra Wireless, Inc. SWIR 39.04 3.16
Panalpina Welttransport (Holding) AG PWTN --- 2.99
Dorel Industries, Inc. Class B DIIBF 19.43 2.98
San-A Co Ltd 2659 --- 2.78
McBride PLC MCBRF --- 2.67
Okinawa Cellular Telephone Company 9436 --- 2.58
Bongrain BH --- 2.54
Consorcio Ara SAB de CV ARA --- 2.41
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