The Fund employs a "manager of managers" approach whereby portions of the Fund are allocated to different investment subadvisers who employ investment styles broadly aligned with BBH's principles of equity investing.
Mondrian Investment Partners Limited
Mondrian employs an active, value-oriented approach to managing international equities, and invests in securities where rigorous dividend discount analysis identifies value in terms of the long term flow of income. The philosophy is built upon the assumption that dividend yield and future real growth are critical in determining a company's total expected return and that the dividend component will be a meaningful portion of the expected return over time. Mondrian employs 43 investment professionals and is headquartered in London, England.
Mondrian Investment Partners Limited is registered as an "Investment Adviser" with the Securities and Exchange Commission under the Investment Advisors Act of 1940, and is authorized and regulated in the United Kingdom by the UK Financial Services Authority.
Walter Scott and Partners Limited
Walter Scott's investment philosophy is based upon investing in high quality companies in growing industries that have strong business models and will benefit from long-term secular trends. Portfolios are relatively concentrated in only the team's best ideas and stocks are held for the long-term with the objective of meeting a required real rate of return plus inflation. Walter Scott employs 20 portfolio managers and research analysts and is headquartered in Edinburgh, Scotland.
Walter Scott is registered as an "Investment Adviser" with the Securities and Exchange Commission under the Investment Advisors Act of 1940, and is authorized and regulated in the United Kingdom by the UK Financial Services Authority.
There is no affiliation between ALPS Distributors, Inc., BBH, Mondrian, and Walter Scott.