Brown Advisory Sustainable Growth Fund Investor Shares 

This fund commits a minimum of 80% of its net assets, including any capital raised through borrowing, to equity investments in U.S.-based companies that operate sustainably. The strategy predominantly focuses on acquiring shares in mid-to-large capitalization enterprises. Brown Advisory LLC (the Adviser) selects these businesses based on their strong fundamental characteristics, such as sound financial health and effective business models, which are expected to lead to superior performance compared to their peers and generate above-average profit growth across market cycles. Furthermore, the Adviser looks for companies that skillfully apply Sustainable Business Advantages and offer compelling valuations.