BAFLX – Brown Advisory Global Leaders Instl Investment Strategy | Morningstar

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Strategy

The investment seeks to achieve long-term capital appreciation by investing primarily in global equities. The fund aims to achieve its investment objective by investing at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities. It also will, under normal market conditions: (1) invest at least 40% of its assets outside the United States, or if market conditions are not favorable, at least 30% of its assets outside the United States, and (2) hold securities of issuers located in at least three countries.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BIALX	Brown Advisory Global Leaders Fund Investor Shares	No Load	Open			Jul 1, 2015	$19.12M	0.910%	Average	$100	−$7.84M
BAFLX	Brown Advisory Global Leaders Fund Institutional Shares	Institutional	Open			Oct 31, 2018	$2.04B	0.760%	Below Average	$1M	−$395.41M

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