Performance & Composition
|Total Returns||Average Annual Total Returns|
|(a/o 7/31/15)||1 Mo.*||3 Mo.*||YTD*||1 Yr.||3 Yr.||5 Yr.||10 Yr.||Since Inception|
|BBH Core Select Class N||3.05%||0.83%||1.32%||6.70%||13.39%||14.51%||9.46%||5.91%|
|S & P 500||2.10%||1.41%||3.35%||11.21%||17.58%||16.24%||7.72%||5.84%|
|BBH Core Select Retail||3.06%||0.82%||1.23%||6.45%||13.10%||n/a||n/a||12.38%|
|S & P 500||2.10%||1.41%||3.35%||11.21%||17.58%||n/a||n/a||13.82%|
|(a/o 6/30/15)||1 Mo.*||3 Mo.*||YTD*||1 Yr.||3 Yr.||5 Yr.||10 Yr.||Since Inception|
|BBH Core Select Class N||-2.02%||-0.49%||-1.67%||1.12%||13.23%||15.04%||9.58%||5.75%|
|S & P 500||-1.94%||0.28%||1.23%||7.42%||17.31%||17.34%||7.89%||5.74%|
|BBH Core Select Retail||-2.05%||-0.55%||-1.78%||0.89%||12.95%||n/a||n/a||11.85%|
|S & P 500||-1.94%||0.28%||1.23%||7.42%||17.31%||n/a||n/a||13.56%|
Class N: Net/Gross Expense Ratio (%): 1.00 / 1.07
Retail: Net/Gross Expense Ratio (%): 1.25 / 1.40
Class N inception date is 11/02/1998. Retail Class inception date is 03/25/2011.
*Returns are not annualized
|All Portfolio Data||as of 7/31/15|
|Cash & Cash Equivalents||13.1%|
All % are based on Total Net Assets. Portfolio holdings are based on currently available information and are subject to revision.
|Top 10 Holdings||as of 7/31/15|
|Comcast Corp. (Class A)||6.4%|
|Berkshire Hathaway, Inc. (Class A)||6.1%|
|Novartis AG ADR||4.8%|
|Wells Fargo & Co.||4.8%|
|Nestle SA ADR||3.8%|
Top 10 holdings represent approximately 46.3% of total.
Reported as a percentage of total portfolio.
The Investment Adviser has contractually agreed to limit the Total Net Annual Fund Operating Expenses (excluding interest, taxes, brokerage commissions, other expenditures that are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund’s business, and with respect to Retail Class shares only, amounts payable pursuant to any plan adopted in accordance with Rule 12b-1) to 1.00% for Class N and for Retail Class shares of the Fund through March 1, 2015 (the “Expense Limitation Agreement”). After exclusions, total net operating expenses for Retail Class shares of the Fund, are expected to be 1.25%. The Expense Limitation Agreement may only be terminated during its term with approval of the Fund’s Board of Trustees.
Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Fund performance changes over time and current performance may be lower or higher than what is stated. Fund shares redeemed within 30 days of purchase are subject to a redemption fee of 2.00%. For performance current to the most recent month-end please call 1-800-625-5759.
The S&P 500 Index is an unmanaged capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. Investments cannot be made in an index.