WMC Japan Equity Fund

Shining sun behind green mountains

Investment approach

The Fund is managed by Wellington Management who oversees the investment decision making process. The Fund seeks to achieve total return by investing principally in equity securities of companies which are domiciled in or exercise the predominant part of their economic activity in Japan. The manager believes in leveraging the structural investment opportunities presented by Japanese companies with strong balance sheets, attractive valuation, and value realization potential through proactive engagement with portfolio company management teams and boards. The Fund’s approach centers on identifying companies with the potential for value creation, downside risk mitigation, and value realization.

Fund profile

The Fund employs a valuation-focused investment process designed to offer an attractive balance between upside potential and downside risk. The Fund is unconstrained and non-benchmark-oriented, with a bias towards mid to small-cap companies and high active share and an emphasis on diversified alpha sources with downside mitigation. The Fund may invest up to 20% of its net assets in securities of companies that are established or operating in countries outside of Japan.

 

Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities and ADRs entail certain risks not associated with investments in domestic securities, such as volatility of currency exchange rates, and in some cases, political and economic instability and relatively illiquid markets. The Brown Advisory funds are distributed by ALPS Distributors, Inc. 1290 Broadway, Suite 1000, Denver, CO 80203. Brown Advisory Funds and ALPS are not affiliated. 
Total assets under management value as of 09/30/2024. 
Sector allocations are subject to change and should not be considered a recommendation to buy or sell any security. 
Click here for a current prospectus. Please read and consider it carefully before investing. You may obtain a hardcopy of the prospectus by calling 1-800-540-6807. 
Click here for index and financial term definitions.

Portfolio Sector

(As of Oct 31, 2024)

Sector Fund Benchmark
Communication Services 3.6 7.0
Consumer Discretionary 19.7 16.9
Consumer Staples 2.3 6.3
Industrials 19.8 25.3
Financials 14.3 13.5
Materials 13.3 5.4
Information Technology 12.3 13.5
Health Care 9.5 7.7
Real Estate 4.7 2.0
Pooled Vehicle 0.5 —
Source: U.S. Bank. Sector breakdown (excluding cash and equivalents) and Fund holdings (including cash and equivalents) are subject to change at any time. The information provided in this material is not intended to be and should not be considered to be a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. Sectors are based on the Global Industry Classification Standard (GICS®) classification system. Numbers may not total due to rounding.​

Characteristics

(As of Oct 31, 2024)

Portfolio Attribute Fund Benchmark
Assets 81.4 --
Number of Holdings 81 —
Weighted Avg Market Cap 26.7 49.3
Forward P/E: 11.1 12.9
Return on Equity 10.8 12.2
Price/Book(x) 1.3 1.4
Source: Fund Net Assets provided by U.S. Bank; portfolio characteristics provided by Wellington Management. Portfolio statistics were calculated using WMC’s internal systems, which use the BARRA factor model for certain data. For projected risk statistics, certain assumptions were made within the BARRA factor model with respect to model type, benchmark, security classification and risk assignment, and timing to calculate results. Differing assumptions can cause projected risk statistics to vary and may cause the figures to deviate significantly from those obtained with another risk model. Characteristics exclude cash and equivalents with the exception of number of holdings. Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities and ADRs entail certain risks not associated with investments in domestic securities, such as volatility of currency exchange rates, and in some cases, political and economic instability and relatively illiquid markets. ​The Brown Advisory funds are distributed by ALPS Distributors, Inc. 1290 Broadway, Suite 1000, Denver, CO 80203. Brown Advisory Funds and ALPS are not affiliated.​Total assets under management value as of 09/30/2024. ​Inception date for Institutional and Investor share classes.​Sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.​Click here for a current prospectus. Please read and consider it carefully before investing. You may obtain a hardcopy of the prospectus by calling 1-800-540-6807.​Click here for index and financial term definitions.
Share Class Three Months One Year Three Year Five Year Ten Year Since Inception

No Results Found.

Top Holdings

(As of Oct 31, 2024)

Name Percentage
Sony Group Corp 4.25
Shin-Etsu Chemical Co Ltd 3.03
Astellas Pharma Inc 2.59
Daiichi Sankyo Co Ltd 2.58
KDDI Corp 2.53
Honda Motor Co Ltd 2.31
Asahi Group Holdings Ltd 2.25
Sumitomo Mitsui Trust Group Inc 2.22
Source: U.S. Bank. Fund holdings (including cash and equivalents) are subject to change at any time. The information provided in this material is not intended to be and should not be considered to be a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable.Mutual fund investing involves risk. Principal loss is possible. Because a significant portion of the assets of the Fund are invested in Japanese securities, the Fund’s performance is expected to be impacted by the political, social and economic environment within Japan. As such, the Fund’s performance may be more volatile than the performance of funds that are more geographically diverse. Investments in foreign securities entail certain risks not associated with investments in domestic securities, such as volatility of currency exchange rates, and in some cases, political and economic instability and relatively illiquid markets. These risks are greater in emerging markets. Investments in smaller and medium capitalization companies generally carry greater risk than is customarily associated with larger companies for various reasons such as narrower markets, limited financial resources and less liquid stock. In addition, the Fund is susceptible to risks from investments in derivatives, ETFs, REITs, and its investments in other investment companies.The Brown Advisory funds are distributed by ALPS Distributors, Inc. 1290 Broadway, Suite 1000, Denver, CO 80203. Brown Advisory Funds and ALPS are not affiliated.The minimum investment requirements are waived for qualified retirement plans under Section 401(a) of the Internal Revenue Code (\"IRC\"), and plans operating consistent with 403(a), 403(b), 408, 408(A), 457, 501(c) and 223(d) of the IRC.Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.Total assets under management value as of 09/30/2024.Inception date for Institutional and Investor share classes.Click here for a current prospectus. Please read and consider it carefully before investing. You may obtain a hardcopy of the prospectus by calling 1-800-540-6807.Click here for index and financial term definitions.