Brown Advisory Small-Cap Fundamental Value 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 0.85
Net Expense Ratio: Annual Report 1.05
Net Expense Ratio: Prospectus 1.05

Updated 03.05.2014

Total Cost Projections
3-Year $334.00
5-Year $579.00
10-Year $1,283.00

Purchase Information

Updated 10.31.2013

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