Under normal conditions, the adviser seeks to achieve the fund’s investment objective by investing at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities that satisfy the fund’s sustainable investment criteria. The fund invests primarily in securities of large market capitalization companies that the Adviser deems to meet its “value” and “sustainable investment” criteria, collectively the “investment criteria” for the fund.

Dell Technologies Inc.

Flex Ltd.

Cardinal Health, Inc.

Citigroup Inc.

Bank of America Corporation

Constellation Energy Corporation

T-Mobile US, Inc.

American International Group, Inc.

Tenet Healthcare Corporation

Unilever PLC

Brown Advisory Sustainable Value ETF

BASV Holdings & Sector Breakdown

BASV Holdings & Sector Breakdown