Brown Brothers Harriman Trust
has lowered the net expense ratio on the BBH Core Select Fund
(BBTEX) from 119 basis points to 100 bps. The 12-year-old fund,
which currently has $333.5 million of assets, became available to RIAs, broker-dealers and other intermediaries in the last year.
"We believe that 1 percent is a logical price point that is aligned with Core Select's peer group of concentrated equity funds," said BBH partner and Core Select co-manager Tim Hartch
, in a news release on Monday.
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