News Summary
Brown Advisory International Value Select ETF Reaches $100 Million AUM Shortly After Launch
Actively managed ETF led by Nick Kirrage, provides access to a disciplined value approach focused on non-U.S. equities
Baltimore, MD - June 23, 2026 - The Brown Advisory International Value Select ETF (Ticker: BAIV) has reached $100 million in net assets1 as of June 8, 2026, marking an early milestone following the Fund’s launch on Nasdaq in February 2026.
Since inception, the Fund has outperformed the MSCI EAFE Value Index2 and compared favorably with many established international value peers3, demonstrating early evidence of the team's disciplined investment approach. The Fund’s early asset growth reflects broader momentum across Brown Advisory’s Active ETF platform, which now includes four actively managed ETFs representing approximately $2.7 billion in net assets4 as of June 18, 2026.
The Brown Advisory International Value Select ETF is an actively managed ETF that seeks long-term capital appreciation by investing in a diverse mix of non-U.S. equities across developed and emerging markets, including small-, mid- and large-cap companies.
The milestone marks an important early stage in the Fund’s development and in Brown Advisory’s effort to make its international value approach available to U.S. investors through an ETF structure. BAIV applies a modern, data-led, true-to-label value approach designed to identify companies trading at a discount to intrinsic value, where market psychology or short-term narratives may have created mispricing. The process combines deep fundamental research, valuation discipline, behavioral insight and risk-aware portfolio construction.
“We are pleased with the early progress and interest we have seen since launch,” said Nick Kirrage, Partner and Portfolio Manager at Brown Advisory. “International markets continue to offer a broad opportunity set for value investors, with differentiated return drivers and, in many cases, attractive starting valuations. We believe this ETF gives investors access to that opportunity through a modern, disciplined, data-led investment process.”
Brown Advisory launched the International Value Select ETF as the first U.S. market vehicle within the firm’s Global Value investment capability, led by Kirrage. The capability includes two flagship strategies, Global Value Select and International Value Select, which share a common philosophy, process and objective. Global Value Select invests across markets worldwide, while International Value Select follows the same process but excludes the U.S. equity market.
Kirrage is supported by Michael Heap, Associate Portfolio Manager, and dedicated research analysts Haseem Shah and Valerio Dussizza. The value team is based in Brown Advisory’s London office.
About Brown Advisory
Brown Advisory is an independent investment management firm committed to providing its clients with a combination of investment performance, strategic advice and the highest level of service. Brown Advisory has been a private and independent firm since 1998. Today, the firm has more than 1,000 colleagues – each with an equity interest – serving private clients and institutions in around 50 countries from 20 offices globally and is responsible for approximately $188.9 billion in assets for private and institutional clients as of May 31, 2026. The firm’s colleague equity ownership, experienced investment professionals and client-first culture help to make a material difference in the lives of its clients.
1 Source: Morningstar as of June 8, 2026.
2 Source: SEI as of May 31, 2026. For most recent performance please visit the Fund’s webpage.
3 Source: Morningstar for the period February 26, 2026 – May 31, 2026. Peer group represents actively managed ETFs.
4 Source: Morningstar as of June 18, 2026
Before investing you should carefully consider a Fund’s investment objectives, risks, charges, and expenses. This and other information is in the summary or statutory prospectus, a copy of which may be obtained by calling 1-877-876-6383. Please read the prospectus carefully before you invest.
The Fund’s inception date is February 25, 2026. The Fund’s performance for very short time periods may not be indicative of future results. Past performance is not a guarantee of future results.
Shares of ETFs are not individually redeemable directly with the ETF. Shares of ETFs are bought and sold at market price, which may be higher or lower than the net asset value (NAV).
Diversification and asset allocation strategies do not ensure a profit and cannot protect against losses in a declining market.
All investments involve risk, including possible loss of principal. The International Value Select Fund may invest in securities of foreign issuers. Investments in such 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. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. An actively-managed fund is subject to the risk that its investment adviser and/or sub-adviser will select investments or allocate assets in a manner that could cause the fund to underperform or otherwise not meet its investment objective.
Brown Advisory LLC serves as the investment adviser to the Funds. The Adviser’s principal place of business is 901 South Bond Street, Suite 400, Baltimore, Maryland 21231. The Adviser is a wholly owned subsidiary of Brown Advisory Management, LLC, a Maryland limited liability company. Brown Advisory Management, LLC is controlled by Brown Advisory Incorporated, a holding company incorporated under the laws of Maryland in 1998. The Adviser and its affiliates have provided investment advisory and management services to clients for over 25 years. Vident Asset Management, a Delaware limited liability company located at 1125 Sanctuary Pkwy., Suite 515, Alpharetta, Georgia 30009, serves as the sub-adviser to the Funds.
The Brown Advisory Exchange Traded Funds (ETFs) are distributed by SEI Investments Distribution Co. (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456. Funds are managed by Brown Advisory LLC. SIDCO is not affiliated with Brown Advisory LLC.