Brown Advisory US Sustainable Growth Fund GBP Class SI Dis Shares

Why we like the fund: This is a concentrated fund investing in listed companies in the United States. Brown Advisory is an employee-owned company, and this fund exemplifies its approach. The decision-makers on the fund have decades of experience and there is a strong pool of company analysts too. The manager is also focused on sustainability, which could provide an added appeal to investors. The fund is mostly invested in larger companies with a durable competitive advantage and steady rather than necessarily rapid growth. It has a focus on ‘quality’. The companies it seeks may have advantages such as established brands or a unique product or technology that enables them to have higher-than-average margins over the long term. How to use the fund: The superior companies this fund seeks can be more expensive than others, for good reason, so the manager takes a very long-term view when investing to allow for the power of compounding to work in its favour. Investors should do the same, maintaining a holding over a period of ten years or more. This approach to investing blends well with a more ‘value-focused’ style such as that employed by Dodge & Cox US Stock. This fund may form part of the riskier allocations in a diversified portfolio.