Brown Advisory International Value Select ETF (BAIV)

The Brown Advisory International Value Select ETF is an actively managed equity fund from Brown Advisory, an independent investment firm headquartered in Baltimore, Maryland. It invests in companies based outside the United States, applying a value-oriented approach.

The managers look for businesses trading below their estimate of intrinsic worth, using bottom-up fundamental research into balance sheets, earnings power and competitive position. The word select reflects a relatively concentrated portfolio, with holdings chosen on conviction rather than to mirror an international benchmark.

The fund can invest across developed international markets and may hold some emerging markets companies, with sector and country weights resulting from individual stock selection.