Brown Advisory Mid-Cap Growth (BMIDX) Fund Profile

Mid-Cap Growth Fund Fact Sheet

Brown Advisory Launches Mid-Cap Growth Fund

Objective
The Brown Advisory Mid-Cap Growth Fund (the "Fund") seeks to achieve capital appreciation.

Strategy
Under normal conditions, Brown Advisory LLC (the "Adviser") seeks to achieve the Fund's investment objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of mid-cap domestic companies.

To learn more, read about the Mid-Cap Growth Strategy by clicking here.


Profile
The Fund invests primarily in companies the Adviser believes possess "3G" criteria: durable growth, sound governance, and scalable go-to-market strategies.

 

Performance

  Annualized
(As of September 30, 2018 ) 3-month 1-year 3-year 5-year 10-year Since Inception
Mid-Cap Growth Fund (Inv.) 6.87% N/A N/A N/A N/A 21.40%
Russell MidCap Growth Index 7.57% N/A N/A N/A N/A 20.49%

 

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Click here for the monthly and quarterly performance information.

Performance data does not reflect the 1.00% fee on shares redeemed or exchanged within 14 days of purchase, and if it had, returns would be lower.

 

Top 10 Holdings

(As of September 30, 2018)
1. Waste Connections Inc 3.63%
2. Cash & Equivalents 3.31%
3. Catalent Inc 3.02%
4. Edwards Lifesciences Corp 2.74%
5. Electronic Arts Inc 2.74%
6. TransUnion 2.51%
7. Mimecast Ltd 2.40%
8. Ball Corp 2.34%
9. Cogent Communications Holdings Inc 2.31%
10. Welbilt Inc 2.29%

 

Characteristics

(As of September 30, 2018)
Est. 3-5 Yr EPS Growth   16.1%
Forward P/E Ratio   30.2x
P/E Using FY2 Ratio   23.9x
Weighted Average Market Cap   $16.6 B

 

Sector Exposure

(As of September 30, 2018)
Communication Services   6.3%
Consumer Discretionary   14.9%
Consumer Staples   4.5%
Energy   0.0%
Financials   2.5%
Health Care   15.1%
Industrials   21.5%
Information Technology   25.3%
Materials   4.7%
Real Estate   1.8%
Utilities   0.0%
Total   100.0%

 

*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.

The advisor has contractually agreed to waive fees through 10/31/19.

Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.

Click here for index and financial term definitions.

Mick Dillon, CFA, is a partner at Brown Advisory and portfolio manager of the Global Leaders Fund. Before joining Brown Advisory, Mick worked at HSBC Global Asset Management in Hong Kong where he was the Co-Head of Asian Equities. He is originally from Australia and graduated from the University of Melbourne where he was awarded three Bachelor degrees in six years.

Education: University of Melbourne, B.A. (1991-1996)

 

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