Brown Advisory Small-Cap Growth Adv

Frequently Asked Questions About BASAX

What does BASAX invest in?

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 of small domestic companies. The fund invests primarily in companies the Adviser believes have above average growth prospects. Equity securities include domestic common and preferred stock, convertible debt securities, American Depositary Receipts ("ADRs"), real estate investment trusts ("REITs") and exchange traded funds ("ETFs").

What is the expense ratio of BASAX?

Brown Advisory Small-Cap Growth Adv (BASAX) charges an expense ratio of 1.36%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BASAX?

Brown Advisory Small-Cap Growth Adv (BASAX) manages $594.9M 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 BASAX actively managed or an index fund?

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

When was BASAX launched?

Brown Advisory Small-Cap Growth Adv (BASAX) launched in April 2006 and is managed by the fund issuer.

How has BASAX performed?

BASAX'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.