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Rating:BBH Cuts the Net Expense Ratio on its Core Select Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 22, 2010

BBH Cuts the Net Expense Ratio on its Core Select Fund

Reported by Armie Margaret Lee

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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