BBH U.S. Government Money Market Fund

Overview

BBH U.S. Government Money Market Fund (“The Fund”)* investment objective is to provide investors with as high a level of income as is consistent with the preservation of capital and the maintenance of liquidity.  The Fund invests in cash, U.S. government securities, and/or repurchase agreements that are collateralized fully by cash and/or U.S. government securities.

The Fund will seek to maximize income while preserving both capital and liquidity. In pursuing its investment objective and implementing its investment strategies, the Fund will comply with Rule 2a-7 under the Investment Company Act of 1940.

The BBH U.S. Government Money Market Fund is currently available only to clients whose assets are held in custody by Brown Brothers Harriman & Co.

You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

*In connection with the amendments to the SEC's Money Market Fund rules, effective on April 1, 2016, the BBH Money Market Fund changed its name to BBH U.S. Government Money Market Fund and intends to operate as a "Government Money Market Fund".