The fund officially launched on December 30, 2011 and is available through Brown advisory and other financial advisers.
Focused on delivering current income and dividend growth through investments in high-quality companies, the fund invests at least 80% of the value of its net assets in a diversified portfolio of equity securities. In addition, the fund may also invest up to 20% of its assets in investment grade and non-investment grade debt securities or unrated debt securities of comparable quality.
While the fund may purchase securities of companies of various market capitalizations, the focus is on larger companies with market capitalizations equal to or greater than $1 billion at the time of investment. Potential investment opportunities will be evaluated from a number of perspectives in an effort to select those that offer the most attractive return prospects.
Brown Advisory portfolio managers Michael L. Foss, CFA and Brian Graney, CFA are responsible for managing the fund and lead all buy and sell decisions, supported by a research team of 18 equity analysts. Together, Foss and Graney bring an average of 18 years of portfolio management experience.