The Mid Company Service seeks long-term capital appreciation. Current income is a secondary consideration in selecting portfolio investments.
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 or 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.
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.
Managing risk occurs through portfolio diversification and, most important, an in-depth awareness of risk at a company level.
Mid Company Investment Team
The Mid Company Team oversees the Mid Company Service and the Mid Company Fund. Consistent with all Brown Capital teams, these tenured portfolio managers also serve as generalist in fulfilling their research duties. Clients benefit from the team's practical experience resulting from decades spent working through market cycles both inside and outside of the business. The team's first priority is to build the capital of clients, achieved primarily by investing in what we believe to be exceptional midsized growth companies. Selection of these companies is based on their capacity to grow over a three- to five-year evaluation horizon and beyond.