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 has over 130 years of cumulative 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 20 years. Each team member is both an analyst and a portfolio manager. As analysts, they are each charged with conducting painstaking fundamental analysis, scrutinizing every facet of a potential investment in order to uncover the small companies we believe have 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 Small Company Service and Small Company Fund through multiple market cycles.

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