Performance & Composition
|Total Returns||Average Annual
|(a/o 6/30/15)||1 Mo.*||3 Mo.*||YTD*||1 Yr||Since Mutual
|BBH Global Core Select Class N||-2.06%||1.33%||1.42%||-1.95%||7.25%|
|MSCI World Index||-2.33%||0.31%||2.63%||1.43%||11.02%|
|BBH Global Core Select Retail Class||-2.07%||1.25%||1.25%||-2.15%||7.01%|
|MSCI World Index||-2.33%||0.31%||2.63%||1.43%||11.31%|
Class N: Net/Gross Expense Ratio (%): 1.25 / 1.32
Retail: Net/Gross Expense Ratio (%): 1.50 / 3.36
Class N inception date is 03/28/13. Retail Class inception date is 04/01/13.
*Returns are not annualized
|All Portfolio Data||as of 6/30/15
|Cash & Cash Equivalents||14.7%|
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 6/30/15|
|Wells Fargo & Co (United States)||5.5%|
|Novartis AG (Switzerland)||4.7%|
|Nestle SA (Switzerland)||4.7%|
|Oracle Corporation (United States)||3.9%|
|Microsoft Corp. (United States)||3.7%|
|Zoetis (United States)||3.5%|
|Qualcomm Inc. (United States)||3.5%|
|Bed Bath & Beyond, Inc (United States)||3.2%|
|Lundin Petroleum AB (Sweden)||3.0%|
**Top 10 holdings represent approximately 39.0% of total.
Reported as a percentage of total portfolio.
|TOP 10 COUNTRIES***||as of 6/30/15|
***Top 10 countries represents 98.5% of the total. Reported as a percentage of portfolio securities.
Portfolio holdings and Country allocation are based on currently available information and are subject to change.
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 1.25% 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 1.50%. 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 MSCI World is a stock market index of approximately 1,600 world stocks. It is maintained by MSCI Inc. and is often used as a common benchmark for 'world' or 'global' stock funds. The index is an unmanaged, market-weighted index and the returns of the index include net reinvested dividends but, unlike the Fund's returns, do not reflect the payment of sales commissions or other expenses incurred in the purchase or sale of the securities included in the index.