Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 12/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Brown Advisory Emerging Markets Select Fund

BIAQX | Fund

$11.53

$657 M

1.49%

$0.17

1.25%

Vitals

YTD Return

0.0%

1 yr return

10.6%

3 Yr Avg Return

0.7%

5 Yr Avg Return

3.9%

Net Assets

$657 M

Holdings in Top 10

30.5%

52 WEEK LOW AND HIGH

$11.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.25%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 61.00%

Redemption Fee 1.00%

Min Investment

Standard (Taxable)

$100

IRA

$100

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Brown Advisory Emerging Markets Select Fund

BIAQX | Fund

$11.53

$657 M

1.49%

$0.17

1.25%

BIAQX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.63%
DIVIDENDS
  • Dividend Yield 1.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Brown Advisory Emerging Markets Select Fund
  • Fund Family Name
    Brown Advisory Funds
  • Inception Date
    Dec 12, 2012
  • Shares Outstanding
    430234
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Caroline Cai

Fund Description

Under normal conditions, the Fund seeks to achieve its investment objective by investing at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities issued by companies that are established or operating in emerging market countries. These will consist of companies in emerging market countries in Latin America, Asia, Eastern Europe, Africa, and the Middle East. The Fund intends to invest primarily in the following countries (others may be added as markets in other countries develop):
•Asia: China, Hong Kong, India, Indonesia, Malaysia, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, and Vietnam.
•Latin America: Argentina, Belize, Brazil, Chile, Colombia, Mexico, Panama, Peru, and Venezuela.
•Eastern Europe: Croatia, Czech Republic, Estonia, Hungary, Kazakhstan, Latvia, Lithuania, Poland, Romania, Russia, Slovakia, Slovenia, Turkey, and Ukraine.
•Africa and the Middle East: Bahrain, Botswana, Egypt, Israel, Jordan, Kenya, Kuwait, Lebanon, Mauritius, Morocco, Nigeria, Oman, Qatar, Saudi Arabia, South Africa, Tunisia, United Arab Emirates, and Zimbabwe.
The Fund may purchase equity securities of companies of any size capitalization. Equity securities in which the Fund may invest include common stock, preferred stock, equity-equivalent securities such as convertible securities, stock futures contracts, equity options, other investment companies, American Depositary Receipts (“ADRs”), European Depositary Receipts (“EDRs”), Global Depositary Receipts (“GDRs”), Non-Voting Depositary Receipts (“NVDRs”), real estate investment trusts (“REITs”) and exchange traded funds (“ETFs”), initial public offerings (“IPOs”), and the Fund may also invest in fixed income securities and private placements.
The Fund considers a company to be established or operating in emerging market countries if: (i) it is organized under the laws of or maintains its principal office in an emerging market country; (ii) its securities are principally traded on trading markets in emerging markets countries; (iii) it derives at least 50% of its total revenue or profits from either goods or services produced or sales made in emerging markets countries; or (iv) it has at least 50% of its assets in emerging market countries.
The Fund may invest up to 20% of its net assets in securities of companies that are established or operating in countries that are considered to be outside of emerging markets, which may include other less developed countries as well as developed market countries. Such less developed countries share many similar attributes with emerging markets countries, however, their markets are not yet considered to be as developed as those in the emerging markets.
The Fund may utilize rights, warrants, options, futures contracts and options on futures. These investments will typically be made for investment purposes consistent with the Fund’s investment objective and may also be used to mitigate or hedge risks within the portfolio or for the temporary investment of cash balances. The Fund may also invest in Contracts for Difference or participatory notes which are instruments that are used to replicate the performance of certain underlying issuers and markets. By investing in derivatives, the Fund attempts to achieve the economic equivalence it would achieve if it were to invest directly in the underlying security. Investments in derivatives may be counted towards the Fund’s 80% investment policy if they have economic characteristics similar to the other investments that are included in the Fund’s 80% investment policy. The Fund intends to use the mark-to-market value of such derivatives for purposes of complying with the Fund’s 80% investment policy.
The Fund may invest up to 20% of its net assets in fixed income securities.
The Fund may sell its portfolio securities for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
In order to respond to adverse market, economic, political, or other conditions, the Fund may assume a temporary defensive position that is inconsistent with its investment objective and principal investment strategy and invest without limit in cash and prime quality cash equivalents such as prime commercial paper and other money market instruments.  A defensive position, taken at the wrong time, may have an adverse impact on the Fund’s performance.  The Fund may be unable to achieve its investment objective during the employment of a temporary defensive measure.
Read More

BIAQX - Performance

Return Ranking - Trailing

Period BIAQX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -12.9% 20.0% 85.94%
1 Yr 10.6% -14.5% 31.7% 27.26%
3 Yr 0.7%* -11.4% 10.7% 13.65%
5 Yr 3.9%* -7.0% 10.0% 20.00%
10 Yr 3.2%* -1.5% 8.5% 56.28%

* Annualized

Return Ranking - Calendar

Period BIAQX Return Category Return Low Category Return High Rank in Category (%)
2024 6.9% -14.5% 31.7% 52.07%
2023 8.8% -50.1% 35.5% 20.26%
2022 -16.1% -41.5% 22.5% 56.90%
2021 1.0% -32.5% 72.9% 70.48%
2020 17.8% -22.1% 80.1% 50.83%

Total Return Ranking - Trailing

Period BIAQX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -12.9% 20.0% 85.94%
1 Yr 10.6% -14.5% 31.7% 27.26%
3 Yr 0.7%* -11.4% 10.7% 13.65%
5 Yr 3.9%* -7.0% 10.0% 20.00%
10 Yr 3.2%* -1.5% 8.5% 56.28%

* Annualized

Total Return Ranking - Calendar

Period BIAQX Return Category Return Low Category Return High Rank in Category (%)
2024 8.8% -14.5% 31.7% 53.08%
2023 10.5% -42.2% 42.0% 21.43%
2022 -15.2% -41.4% 33.1% 66.41%
2021 1.6% -32.5% 72.9% 76.61%
2020 18.3% -20.0% 81.6% 61.79%

NAV & Total Return History

BIAQX - Holdings

Concentration Analysis

BIAQX Category Low Category High BIAQX % Rank
Net Assets 657 M 682 K 111 B 44.06%
Number of Holdings 108 9 7500 45.21%
Net Assets in Top 10 201 M 290 K 26.8 B 45.78%
Weighting of Top 10 30.49% 2.9% 101.1% 64.76%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 9.87%
  2. Tencent Holdings Ltd 5.22%
  3. Samsung Electronics Co Ltd 4.48%
  4. Alibaba Group Holding Ltd 1.71%
  5. First American Government Obligations Fund 1.64%
  6. KB Financial Group Inc 1.64%
  7. ICICI Bank Ltd 1.58%
  8. Bank Rakyat Indonesia Persero Tbk PT 1.47%
  9. China Overseas Land Investment Ltd 1.46%
  10. Axis Bank Ltd 1.41%

Asset Allocation

Weighting Return Low Return High BIAQX % Rank
Stocks 		95.89% 0.00% 105.03% 71.96%
Preferred Stocks 		2.11% 0.00% 12.87% 19.74%
Cash 		2.00% -2.03% 98.08% 45.64%
Other 		0.00% -1.11% 39.53% 74.25%
Convertible Bonds 		0.00% 0.00% 7.40% 74.64%
Bonds 		0.00% 0.00% 95.13% 75.97%

Stock Sector Breakdown

Weighting Return Low Return High BIAQX % Rank
Financial Services 		26.18% 0.00% 48.86% 15.07%
Technology 		25.26% 0.00% 47.50% 32.46%
Consumer Cyclical 		14.52% 0.00% 48.94% 26.81%
Consumer Defense 		7.54% 0.00% 25.90% 29.13%
Communication Services 		7.47% 0.00% 39.29% 69.86%
Industrials 		6.68% 0.00% 43.53% 40.14%
Utilities 		3.32% 0.00% 39.12% 17.54%
Basic Materials 		3.22% 0.00% 30.03% 85.94%
Real Estate 		2.38% 0.00% 17.15% 29.28%
Energy 		1.84% 0.00% 24.80% 77.10%
Healthcare 		1.60% 0.00% 16.53% 84.93%

Stock Geographic Breakdown

Weighting Return Low Return High BIAQX % Rank
Non US 		91.11% 0.00% 100.52% 28.33%
US 		4.78% 0.00% 100.95% 76.39%

BIAQX - Expenses

Operational Fees

BIAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.25% 0.03% 29.98% 55.24%
Management Fee 0.90% 0.00% 2.00% 57.59%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

BIAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BIAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 1.00% 2.00% 100.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BIAQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 0.00% 189.00% 66.25%

BIAQX - Distributions

Dividend Yield Analysis

BIAQX Category Low Category High BIAQX % Rank
Dividend Yield 1.49% 0.00% 9.74% 58.80%

Dividend Distribution Analysis

BIAQX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Quarterly

Net Income Ratio Analysis

BIAQX Category Low Category High BIAQX % Rank
Net Income Ratio 0.63% -1.98% 17.62% 53.64%

Capital Gain Distribution Analysis

BIAQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Quarterly Annually

Distributions History

View More +

BIAQX - Fund Manager Analysis

Managers

Caroline Cai

Start Date

Tenure

Tenure Rank

Feb 22, 2019

3.27

3.3%

Caroline Cai, CFA, Managing Principal, Portfolio Manager, and member of the firm’s Executive Committee. Ms. Cai is a co-portfolio manager for the Global, International, European and Emerging Markets strategies, and the Financial Opportunities service. Ms. Cai became a member of the firm in 2004. Prior to joining Pzena Investment Management, Ms. Cai was a senior analyst at AllianceBernstein LLP, and a business analyst at McKinsey & Company. She earned a B.A. summa cum laude in Math and Economics from Bryn Mawr College. Ms. Cai holds the Chartered Financial Analyst® designation.

Rakesh Bordia

Start Date

Tenure

Tenure Rank

Feb 22, 2019

3.27

3.3%

Rakesh Bordia, Principal and Portfolio Manager. Mr. Bordia is a co-portfolio manager for the Emerging Markets strategies. Mr. Bordia became a member of the firm in 2007. Prior to joining Pzena Investment Management, Mr. Bordia was a principal at Booz Allen Hamilton focusing on innovation and growth strategies, and a software engineer at River Run Software Group. He earned a Bachelor of Technology in Computer Science and Engineering from the Indian Institute of Technology, Kanpur, India and an M.B.A. from the Indian Institute of Management, Ahmedabad, India.

Allison Fisch

Start Date

Tenure

Tenure Rank

Feb 22, 2019

3.27

3.3%

Allison Fisch, Principal and Portfolio Manager. Ms. Fisch is a co-portfolio manager for the International and Emerging Markets strategies, along with the Global Best Ideas service. Ms. Fisch became a member of the firm in 2001 and helped to launch the Emerging Markets strategies in 2008, on which she has been a co-portfolio manager since inception. She joined the International portfolio management team in 2016 and has co-managed the International Small Cap Value strategy since its inception in 2017. Since 2017, she has overseen the Global Best Idea service. Prior to joining Pzena Investment Management, Ms. Fisch was a business analyst at McKinsey & Company. She earned a B.A. summa cum laude in Psychology and a minor in Drama from Dartmouth College.

Niraj Dilip Bhagwat

Start Date

Tenure

Tenure Rank

Feb 22, 2019

3.27

3.3%

Niraj Bhagwat, CA, is a Senior Managing Director, Equity Portfolio Manager and leader of the firm’s Asia Pacific ex Japan Team. Prior to joining Wellington Management in 2009, Mr. Bhagwat worked as managing director and portfolio manager of global emerging and emerging Asia portfolios for UBS Global Asset Management (2005 - 2008). Before that, he worked there as an analyst of the Asia ex Japan consumer, media, auto, and health care sectors, and as an India strategist (2002- 2004). Prior to that, he was the head of Consumer Research and a research analyst at Indosuez WI Carr (1997-2001) and an article trainee and auditor with Price Waterhouse (1992-1996).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.68 13.42

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.