Brown Advisory Flexible Equity Fund Advisor Shs

Frequently Asked Questions About BAFAX

What does BAFAX invest in?

The fund typically dedicates a substantial portion, at least 80%, of its total investment capital (including any borrowed money) to a varied portfolio of company stocks. Its primary focus is on shares of mid-sized and large corporations that the Adviser identifies as having robust or developing long-term business foundations, yet whose market price does not currently reflect these advantageous characteristics. Furthermore, the fund is permitted to invest a maximum of 15% of its assets in international equities, potentially including those from emerging economies.

What is the expense ratio of BAFAX?

Brown Advisory Flexible Equity Fund Advisor Shs (BAFAX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BAFAX?

Brown Advisory Flexible Equity Fund Advisor Shs (BAFAX) manages $993.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BAFAX actively managed or an index fund?

BAFAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BAFAX launched?

Brown Advisory Flexible Equity Fund Advisor Shs (BAFAX) launched in December 2006 and is managed by the fund issuer.

How has BAFAX performed?

BAFAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.