Brown Capital Management International Small Company Fund Institutional Shares

Frequently Asked Questions About BCSFX

What does BCSFX invest in?

The fund invests at least 80% of its net assets in the equity securities of non-U.S. based companies with total operating revenues of $500 million or less at the time of the initial investment. The Advisor constructs the fund's portfolio to generally be no more than 5% in cash. The Advisor believes a diversified portfolio of 40-65 securities and their research efforts may, collective, reduce portfolio risk.

What is the expense ratio of BCSFX?

Brown Capital Management International Small Company Fund Institutional Shares (BCSFX) charges an expense ratio of 1.06%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BCSFX?

Brown Capital Management International Small Company Fund Institutional Shares (BCSFX) is one share class of a fund that manages $1.35B across all of its share classes (BCSVX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BCSFX actively managed or an index fund?

BCSFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BCSFX's is 1.06%) in exchange for the discretion to over- or under-weight positions.

When was BCSFX launched?

Brown Capital Management International Small Company Fund Institutional Shares (BCSFX) launched in September 2015 and is managed by the fund issuer.

How has BCSFX performed?

BCSFX'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.