Investment Objective

The Mid Company Service seeks long-term capital appreciation. Current income is a secondary consideration in selecting portfolio investments.

Overview

Brown Capital Management strives to build investment programs that meet the needs of genuine long-term investors. Investment team members execute a time-tested process that seeks to position them as patient business owners, rather than short- term traders. They invest with the courage of their convictions, no matter the market environment. 

A Methodical Approach to Investing in Exceptional Mid Companies

The investment team seeks to identify and invest in exceptional companies that save time, lives, money and headaches or provide a compelling value proposition to consumers. The portfolio is comprised of 40-60 of these exceptional mid sized growth companies that have the potential to grow revenues and earnings significantly over a three-to-five-year evaluation horizon and beyond. 

Benchmark Agnostic

Experience taught Brown Capital Management that managing to a benchmark can be a distraction and a threat to long-term results. Therefore, the portfolio’s holdings and performance may vary significantly from common indexes over time. As a result, the firm's low turnover approach may be best suited to investors who maintain a long-term investment horizon. 

Risk Management 

Managing risk occurs through portfolio diversification and, most important, an in-depth awareness of risk at a company level. 

Large/Mid Investment Team

The Large/Mid Team has nearly 90 years of cumulative investment experience, with more than half of that time spent at Brown Capital Management. In fact, the senior team members have each been working here for more than 15 years. Each team member is both an analyst and a portfolio manager. As analysts, they are each charged with conducting rigorous fundamental analysis, scrutinizing every facet of a potential investment in order to uncover the large and mid sized companies that the firm believes has exceptional long-term growth potential. As portfolio managers, their goal is to build a benchmark-agnostic, diversified portfolio that grows client capital over the long-term. As a team, they have navigated the Large Cap and Mid Company Strategies, and the Mid Company Fund through multiple market cycles.