BUSA – Brandes U.S. Value ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to attain its investment objective by investing primarily in equity securities of U.S. companies. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes), measured at the time of purchase, in securities of U.S. companies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BUSA	Brandes U.S. Value ETF	ETF	Open	—		Oct 3, 2023	$307.34M	0.600%	—	—	$18.06M

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