Brown Advisory's American fund outperforms S&P 500 year to date

Brown Advisory's Ucits III American fund has marked its first anniversary by outperforming the S&P 5...

Brown Advisory's Ucits III American fund has marked its first anniversary by outperforming the S&P 500 and Russell 3000 with year-to-date returns of 3.22%. Over the same timeframe, the S&P 500 posted returns of -1.80% while the Russell 3000 lost 1.01%, according to Financial Express Analytics. Launched on 9 May 2008, the American fund is sub-advised by the management teams of three Brown Advisory US funds, providing investors with exposure to US companies across the market cap spectrum. Rick Bernstein, manager of the US Equity Value fund is responsible for 40% of the fund, Kenneth Stu...