Fund Objective

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

Our Approach

The Small Company Fund invests at least 80% of its total assets in the equity securities of those companies with total operating revenues of $250 million or less at the time of the initial investment, (“small companies”). The Small Company Fund typically invests in common stocks. The Advisor seeks to build a portfolio of exceptional small companies with the wherewithal to become exceptional large companies. The Small Company Fund typically holds a portfolio of between 40 to 65 securities which the Advisor believes have the potential for growth.

A Portfolio Focused on Exceptional Companies

The Fund seeks to invest in exceptional companies that save time, lives, money or headaches, or provide an exceptional value proposition to consumers. The portfolio is comprised of these organizations that we believe have the potential to grow revenues and earnings significantly over a three-to-five-year investment time horizon and beyond.

Small Company Fund Investment Team

The Small Company Team oversees the Small Company Strategy and the Small Company Fund. Consistent with all Brown Capital teams, these tenured portfolio managers also serve as generalists in fulfilling their research duties. Clients benefit from the team’s practical experience resulting from decades spent working through multiple market cycles. The team’s first priority is to build the capital of clients, pursued primarily by investing in what we believe to be exceptional small growth companies. Selection of these companies is based on their capacity to grow over a three-to-five-year evaluation horizon and beyond.

Small Company Fund News & Updates

BARRON'S "Finding Tomorrow's Star Growth Stocks Today" featuring Keith Lee and Kempton Ingersol

On November 1, 2016, Barron’s published a Q&A article entitled "Finding Tomorrow’s Star Growth Stocks Today." Interviewees Keith Lee and Kempton Ingersol, two members of the Small Company Team, offer specific insights into Brown Capital Management’s unique approach to investing in small companies.

Andrew Fones Promoted to Director and Portfolio Manager

“We are pleased to announce that Andrew J. Fones, a member of the Small Company Team, has been promoted to Director and Portfolio Manager at Brown Capital Management,” said Keith Lee, President and COO.  

Small Company Fund, Investor Class Receives 2016 Thomson Reuters Lipper Fund Award

Brown Capital Management is proud to announce that the Small Company Fund, Investor Class received the 2016 Thomson Reuters Lipper Fund Award1 for United States Small-Cap Growth Funds in the 10-year performance period, ranking 121 out o

Brown Capital Management's Small Company Team Named for Morningstar's U.S. Domestic-Stock Fund Manager of the Year for 2015

Brown Capital Management (BCM) is thrilled to announce that portfolio managers Keith Lee, Robert Hall, Kempton Ingersol, Damien Davis and Andrew Fones, the firm's Small Company team, have been named Morni