Brown Capital Management International Small Company Fund Investor Shares

Frequently Asked Questions About BCSVX

What does BCSVX invest in?

This fund primarily invests at least 80% of its net assets, including any borrowed capital, in the equity securities of international companies. These "small companies" are defined as those non-U.S. based entities with total operating revenues of $500 million or less at the time of initial purchase. The Advisor typically ensures that cash constitutes no more than 5% of the portfolio. It is the Advisor's belief that a diversified portfolio comprising 40 to 65 securities, coupled with diligent research, can collectively help reduce investment risk.

What is the expense ratio of BCSVX?

Brown Capital Management International Small Company Fund Investor Shares (BCSVX) charges an expense ratio of 1.31%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BCSVX?

Brown Capital Management International Small Company Fund Investor Shares (BCSVX) is one share class of a fund that manages $1.37B across all of its share classes (BCSFX 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 BCSVX actively managed or an index fund?

BCSVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BCSVX's is 1.31%) in exchange for the discretion to over- or under-weight positions.

When was BCSVX launched?

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

How has BCSVX performed?

BCSVX'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.