Brown Advisory Equity Income Fund

Fund Fees

Updated 10.31.2013

Maximum Sales Fees %
Initial
Deferred

Updated 10.31.2013

Maximum Fees %
Administrative
Management 0.05
Redemption 1.0

Updated 10.31.2013

Actual Fees %
12b-1
Management 0.6
Net Expense Ratio: Annual Report 0.8
Net Expense Ratio: Prospectus 0.81

Updated 07.03.2014

Total Cost Projections
3-Year $259.00
5-Year $450.00
10-Year $1,002.00

Purchase Information

Updated 10.31.2013

Minimum Investments
Initial $1,000,000.00
Additional $100.00
Initial IRA
Additional IRA
Initial AIP
Additional AIP