Brown Advisory US Sustainable Growth Fund GBP Class SI Dis Shares
A Select 50 Fund - Fidelity insight
Category US Large-Cap Growth Equity
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price
£20.46
£0.30 (+1.49%)
Fund Code
BRSSI
BG0R314
IE00BG0R3140
Prices updated as at 20 Dec 2024
Prices in GBP
Investment objective
The objective of the Fund is to achieve capital appreciation by investing primarily in U.S. equities. The Fund aims to achieve its investment objective by investing at least 80% of its net assets in equity securities of U.S. companies that the Investment Manager considers have sound fundamentals and business models which are sustainable over the long-term. The Fund invests primarily in the securities of medium and large capitalisation companies that the Investment Manager considers (1) have prospects for above average earnings growth in the future, and (2) effectively implement sustainable business strategies that drive earnings growth.
Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.
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Our view
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.