Brown Capital Management Small Company Fund

Frequently Asked Questions About BCSIX

What does BCSIX invest in?

The fund primarily directs at least 80% of its net assets, supplemented by any borrowed capital, into the stock of smaller companies. These are defined as businesses with total operating revenues of $500 million or less at the time of the initial investment. While generally investing in common shares, the investment manager endeavors to construct a portfolio of high-quality small enterprises believed to possess the capacity to develop into significant, large-cap companies. The portfolio typically maintains a focused collection of 40 to 65 securities, each selected by the advisor for its potential for future growth.

What is the expense ratio of BCSIX?

Brown Capital Management Small Company Fund (BCSIX) charges an expense ratio of 1.32%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BCSIX?

Brown Capital Management Small Company Fund (BCSIX) manages $304.3M 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 BCSIX actively managed or an index fund?

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

When was BCSIX launched?

Brown Capital Management Small Company Fund (BCSIX) launched in July 1992 and is managed by the fund issuer.

How has BCSIX performed?

BCSIX'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.