Brown Advisory Flexible Equity Fund Investor Shares (BIAFX)

Overview

The fund is designed for investors looking to diversify their portfolios with equity securities of medium and large market capitalization companies. The investment strategy emphasizes selecting companies that not only possess strong or improving long-term business characteristics but also have share prices that do not fully reflect these positive fundamentals. With a philosophy that leans towards an active management approach, the Adviser seeks to capitalize on discrepancies between market price and intrinsic value. The fund also reserves the ability to allocate up to 15% of its net assets in foreign securities, which may include investments in emerging markets, thereby offering an additional layer of diversification and potential growth opportunities.

Products and Services

Diversified Portfolio of Equity Securities

• The fund prioritizes investing in a diversified collection of equity securities, chiefly targeting medium and large market capitalization companies believed by the Adviser to have favorable long-term growth prospects. This diversified approach aims to mitigate risk while seeking sustainable growth.

Investment in Medium and Large Cap Companies

• By focusing on medium and large cap companies that exhibit strong or improving business dynamics, the fund positions itself to benefit from the growth potential of these entities. The Adviser's investment decisions are grounded on the conviction that these companies' market prices do not fully reflect their inherent value, presenting an opportunity for value realization.

Allocation to Foreign Securities

• Up to 15% of the fund's net assets can be invested in foreign securities, including those from emerging markets. This strategic allocation allows investors to tap into the growth potential of markets outside the United States, with the aim of enhancing portfolio returns while balancing the associated risks of international investing.