BBH Partner Fund – International Equity

BBHLX
  • $2,148M
    Fund Assets
  • $16.11
    NAV
  • -$0.04
    NAV Change (as of 02/28/2024)
  • 0.32%
    YTD Return (as of 01/31/2024)

Overview

BBH Partner Fund - International Equity aims to provide investors with long-term maximization of total return, primarily through capital appreciation.

Brown Brothers Harriman & Co., through a separately identifiable department (“BBH”), employs a "manager of managers" approach, whereby the Fund's assets are allocated to an investment sub-adviser, currently Select Equity Group, L.P. (“Select Equity Group”) and Trinity Street Asset Management, LLP ("Trinity Street"). Select Equity Group and Trinity Street* employs an investment philosophy and process that are broadly aligned with BBH's investment principles. BBH monitors and oversees the sub-adviser by reviewing its portfolio performance and characteristics as well as organizational activity.

 

Fund Facts

BBHLX
  • 10/25/2002
    Inception Date
  • BBHLX
    Ticker
  • 05528X406
    CUSIP
  • $2,147,957,702
    Fund Assets as of date 02/28/2024
  • $2,147,957,702
    Share Class Assets as of date 02/28/2024
  • 0.63%
    Net Expense Ratio
  • 0.63%
    Gross Expense Ratio
  • MSCI NET EAFE
    Benchmark
  • $10,000
    Minimum Initial Investment
  • $1,000
    Minimum Subsequent Investment

Select Equity Group, L.P. (SEG)
Investment Team 

Trinity Street Asset Management, LLP (TSAM)
Investment Team

BBH Partner Fund - International Equity Commentary

Select Equity Group, L.P.  (SEG) and Trinity Street Asset Management, LLP (TSAM), the Fund’s sub-advisers, discusses how the BBH Partner Fund – International Equity performed over the most recent quarter-end.

 

 

 

 

 

 

 

Fund Documents

Oops, this table is temporarily unavailable.

Please try again later or refresh the table.
Listing of available PDF Fund Documents, Investment Commentary and Reports for the BBH Partner Fund - International Equity
Fund Documents Investment Commentary & Fund Reports
Name
Share Class / Ticker
Prospectus
Statement of Additional Info
Quarterly
Annual Report
Semi-Annual Report
Holdings
Expand
/Close
International Equity
Class I
BBHLX

Performance

Oops, this table is temporarily unavailable.

Please try again later or refresh the table.
Listing of Total Returns and Average Annual Total Returns for various time periods for BBH Partner Fund - International Equity
Total Returns Average Annual Total Returns
Name
Share Class / Ticker
1 Mo.
3 Mo.
YTD
1 Yr.
3 Yr.
5 Yr.
10 Yr.
Since Inception
Performance Inception
Net Expense Ratio (%)
Gross Expense Ratio (%)
Expand
/Close
International Equity
Class I
BBHLX
0.32% 18.00% 0.32% 3.43% -2.99% 5.58% 4.87% 5.18% 04/01/1995 0.63% 0.63%
MSCI NET EAFE
0.58% 15.75% 0.58% 10.01% 4.59% 6.92% 4.77% 4.97%
  • Class I | BBHLX
    BBH Partner Fund - International Equity
    04/01/1995
    0.32%
    1 Mo.
    18.00%
    3 Mo.
    0.32%
    YTD
    0.63%
    Net Exp. Ratio %
    0.63%
    Gross Exp. Ratio %
  • MSCI NET EAFE
    0.58%
    1 Mo.
    15.75%
    3 Mo.
    0.58%
    YTD
    Net Exp. Ratio %
    Gross Exp. Ratio %

All performance is net of fees. Returns of less than a year are not annualized.

Class I commenced operations on 10/25/2002. Total return information for Class I shares from 10/24/2002 to 6/7/1997 is that of Class N shares and from 6/6/2017 to 4/1/1995 is that of the BBH International Portfolio. Class N's and predecessor fund's performance has been adjusted to assume that all charges, expenses and fees which are presently in effect for Class I were deducted during such periods.
Fund shares redeemed within 30 days of purchase are subject to a redemption fee of 2.00%.

Past performance does not guarantee future results, and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate and shares, when sold, may be worth more or less than the original cost.

The MSCI EAFE Index (Europe, Australia, Far East) is a free float-adjusted market capitalization index that is designed to measure the equity market performance of developed markets, excluding the U.S. & Canada. The index is not available for direct investment. The Fund seeks to generate attractive returns over time but does not attempt to mirror a benchmark or an index. The composition of the MSCI EAFE Index is materially different than the Fund's holdings.

Holdings & Composition

Portfolio holdings and characteristics are subject to change.  

Distributions

Oops, this table is temporarily unavailable.

Please try again later or refresh the table.
  • 12/13/2023
    Record Date
  • 12/14/2023
    Ex. Dividend Date
  • 12/15/2023
    Payable Date
Table containing annual distributions filtered by share class and year for BBH Partner Fund - Interational Equity.
Distributions Per Share
Name
Share Class/ Ticker
Short-Term Capital Gains
Ordinary Income
Long-Term Capital Gains
Total Distribution
% of NAV
Reinvest NAV
Expand
/Close
International Equity
Class I
BBHLX
$-- $0.137 $-- $-- -- $--
  • Class I | BBHLX
    BBH Partner Fund - International Equity
    12/13/2023
    $--
    Short-Term Cap. Gains
    $--
    Long-Term Cap. Gains
    $--
    Total Distribution
    $--
    Reinvest Nav

Past performance does not guarantee future results.

Risk Considerations

Investors in the Fund should be able to withstand short-term fluctuations in the equity markets in return for potentially higher returns over the long term. The value of portfolios changes every day and can be affected by changes in interest rates, general market conditions and other political, social and economic developments.

The Fund is “non-diversified” and may assume large positions in a small number of issuers which can increase the potential for greater price fluctuation.

Foreign investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards. Prices of emerging market securities can be significantly more volatile than the prices of securities in developed countries, and currency risk and political risks are accentuated in emerging markets.

The Fund also invests in derivative instruments, investments whose values depend on the performance of the underlying security, assets, interest rate, index, or currency and entail potentially higher volatility and risk of loss compared to traditional stock or bond investments.

Asset allocation decisions, particularly large redemptions, made by Brown Brothers Harriman & Co., whose discretionary investment advisory clients make up a large percentage of the Fund's shareholders, may adversely impact remaining Fund shareholders.

There is no assurance the Fund will achieve its investment objectives.

Shares of the Fund are distributed by ALPS Distributors, Inc.

*Effective, August 19, 2023, Trinity Street has been added as an additional subadvisor.

Brown Brothers Harriman Mutual Fund Advisory Department (a separately identifiable department of Brown Brothers Harriman & Co.) provides investment advice to the Funds.

For more complete information, see the current Fund prospectus. You should consider the Fund's investment objectives, risks, charges and expenses carefully before you invest. Information about these and other important subjects is in the Fund's prospectus, which you should read carefully before investing.

NOT FDIC INSURED ● NO BANK GUARANTEE ● MAY LOSE VALUE

As of June 15, 2022 Internet Explorer 11 is not supported by BBH.com.

Important Information for Non-U.S. Residents

You are required to read the following important information, which, in conjunction with the Terms and Conditions, governs your use of this website. Your use of this website and its contents constitute your acceptance of this information and those Terms and Conditions. If you do not agree with this information and the Terms and Conditions, you should immediately cease use of this website. The contents of this website have not been prepared for the benefit of investors outside of the United States. This website is not intended as a solicitation of the purchase or sale of any security or other financial instrument or any investment management services for any investor who resides in a jurisdiction other than the United States1. As a general matter, Brown Brothers Harriman & Co. and its subsidiaries (“BBH”) is not licensed or registered to solicit prospective investors and offer investment advisory services in jurisdictions outside of the United States. The information on this website is not intended to be distributed to, directed at or used by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Persons in respect of whom such prohibitions apply must not access the website.  Under certain circumstances, BBH may provide services to investors located outside of the United States in accordance with applicable law. The conditions under which such services may be provided will be analyzed on a case-by-case basis by BBH. BBH will only accept investors from such jurisdictions or countries where it has made a determination that such an arrangement or relationship is permissible under the laws of that jurisdiction or country. The existence of this website is not intended to be a substitute for the type of analysis described above and is not intended as a solicitation of or recommendation to any prospective investor, including those located outside of the United States. Certain BBH products or services may not be available in certain jurisdictions. By choosing to access this website from any location other than the United States, you accept full responsibility for compliance with all local laws. The website contains content that has been obtained from sources that BBH believes to be reliable as of the date presented; however, BBH cannot guarantee the accuracy of such content, assure its completeness, or warrant that such information will not be changed. The content contained herein is current as of the date of issuance and is subject to change without notice. The website’s content does not constitute investment advice and should not be used as the basis for any investment decision. There is no guarantee that any investment objectives, expectations, targets described in this website or the  performance or profitability of any investment will be achieved. You understand that investing in securities and other financial instruments involves risks that may affect the value of the securities and may result in losses, including the potential loss of the principal invested, and you assume and are able to bear all such risks.  In no event shall BBH or any other affiliated party be liable for any direct, incidental, special, consequential, indirect, lost profits, loss of business or data, or punitive damages arising out of your use of this website. By clicking accept, you confirm that you accept  to the above Important Information along with Terms and Conditions.

 
1BBH sponsors UCITS Funds registered in Luxembourg, in certain jurisdictions. For information on those funds, please see bbhluxembourgfunds.com


captcha image

Type in the word seen on the picture

I am a current investor in another jurisdiction