The Brown Advisory Emerging Markets Select Fund seeks total return through a concentrated portfolio of emerging market equities selected through fundamental, bottom-up research and build. The Fund will tactically allocate between two subadvisors based on opportunities in the various emerging market regions.
The Fund aims to primarily invest at least 80% of its net assets in equity securities issued by companies established or operating in emerging markets and Asia ex-Japan. Bottom-up, fundamental research drives stock selection, and the managers are not bound by market capitalization restrictions or thresholds.
The Fund invests in well-capitalized emerging market and Asian ex-Japan companies that exhibit the potential for long-term growth. The managers seeks to purchase companies with strong management teams, sound governance and quality business models that they believe demonstrate the ability to succeed in the future. They believe in using temporary price pullbacks to buy companies that are underperforming their historical earnings potential. Using this approach, the managers believe the fund offers investors the potential for attractive, risk-adjusted return within an inherently volatile market.