“What Can Brown Capital Do For You?” – The Brown Capital Management Small Company Fund was featured in the Morningstar’s May 2010 edition of The FundInvestor. Authored by Greg Carlson, the article performs a deep dive into the Fund’s investment strategy and its low turnover approach. Importantly, he offers insights that may be useful for investors evaluating whether the Fund will be a good fit for their needs. Read Full Article Here

“From Small Things, Big Things Can One Day Come” – The Brown Capital Management Mid Cap Fund was one of the mutual funds unearthed and featured in an article by Morningstar analyst Katie Rushkewicz on Morningstar.com. It describes the fund’s long-term, growth at a reasonable price orientation and its prospects for the future.  Read Full Article Here  

“Where to Find Reasonably Priced Growth Stocks” - Eddie Brown appeared in the January 11, 2010 edition of Barron’s. The article, written by Christopher Williams, provides insights on Eddie’s 30 years in the asset management business, his contributions to popularizing the term GARP and perspectives on select companies from a GARP perspective. Read full article here

“The Secret is Out at Brown Capital Management Small Company” – The Small Company Fund was reviewed by Andrew Gogerty, an analyst at Morningstar. The review was released on January 8, 2010 and details the investment approach and its long-term impact on the Fund. Read full article here

“Investing in GARP International Equities” – The International Equity Team was interviewed by The Wall Street Transcript and appeared in the December 7, 2009 edition. The team details the investment philosophy and how the process is applied in the identification and evaluation of companies in our International Equity portfolios. Read full article here

“Fund with Big Designs on Small Firms” – The Small Company Fund was featured in Investor’s Business Daily – Mutual Fund Profile on December 30, 2009. The article, written by Jonah Keri, describes the drivers behind the team’s ability to find companies early in their corporate life cycle. 

"Four Big Surprises" - The Brown Capital Management Small Company Fund appeared in the December 2009 edition of Kipliger’s Personal Finance. The author, Russell Kinnel, who is also Director of Mutual Fund Research for Morningstar and Editor of its monthly FundInvestor newsletter focused on funds that performed well last year in a terrible market decline and this year, during an incredible surge. He considers the performance of the Small Company Fund a surprise and credits its success to “remarkable patience” as evidenced by low turnover.

“Inside Wall Street” - Eddie Brown was recently interviewed by Business Week’s Gene Marcial.  One discussion appeared in the October 23, 2009 magazine and the other in the October 27, 2009 electronic edition.

Dennis Hightower Resigns from Brown Capital Management Board of Trustees – After over 7 years as a Director of Brown Capital Management’s Board of Trustees, Dennis Hightower resigned in August 2009 to become the United States Deputy Secretary of Commerce.  Dennis is a seasoned business executive with extensive global general management experience. His distinguished career spans the private and public sectors, including more than 30 years of experience in global marketing, strategic planning, operations and international general management.  Additionally, Dennis formerly served as a Board Member for Accenture, Domino's Pizza, Lightfleet (a start-up high technology company), The Gillette Company, Northwest Airlines, PanAmSat Corporation, Phillip-Van Heusen Corporation, The TJX Companies Inc., and as a member of the Price Waterhouse Chairman's Advisory Council.  We are grateful for his contributions to Brown Capital Management.  We will miss most his perspective, focus and wit.  In recognition of Dennis’s many contributions, the attached appeared in the Business Section of the New York Times on October 11, 2009. Read article here.

“Patience Is A Virtue at Brown Capital Management Small Company” – The Brown Capital Management Small Company Fund was reviewed by Morningstar analyst John Coumarianos. John provides a comprehensive and thoughtful review of the of Small Company Fund investment program, unearthing important nuances in the fund’s management. “Although many managers say they buy companies that they deem to have sustainable competitive advantages, this fund's management team proves it with its minuscule portfolio turnover….”. Read full article here



Past Performance is not a guarantee of future results.

Brown Capital Mgmt Small Company Fund - An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. There can be no assurance that the Fund will be successful in meeting its objectives. Investment in the Fund is also subject to market risk, investment style risk, investment advisor risk, market sector risk, equity securities risk, portfolio turnover risk and small companies risk. More information about these risks and other risks can be found in the Fund’s prospectus.

Brown Capital Mgmt Mid-Cap Fund - An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. There can be no assurance that the Fund will be successful in meeting its objective. Investment in the Fund is also subject to market risk, investment style risk, investment advisor risk, market sector risk, equity securities risk, portfolio turnover risk and mid-cap companies risk. More information about these risks and other risks can be found in the Fund’s prospectus.

Brown Capital Mgmt International Equity Fund - An investment in the Fund is subject to investment risks, including the possible loss of the principal amount invested. There can be no assurance that the Fund will be successful in meeting its objectives. Investment in the Fund is also subject to market risk, investment style risk, investment advisor risk, market sector risk, equity securities risk and portfolio turnover risk.

The International Equity Fund will invest primarily in equity securities of non-U.S. based companies that involve investment risks different from those associated with domestic securities. Foreign markets, particularly emerging markets, may be less liquid, more volatile, and subject to less government supervision than domestic markets. There may be difficulties enforcing contractual obligations, and it may take more time for trades to clear and settle. The specific risks of investing in foreign securities, among others, include: emerging market risk, currency risk, Euro risk, political/economic risk, regulatory risk and transaction costs risk. More information about these risks and other risks can be found in the Fund’s prospectus.

An investor should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at the link below or by calling Shareholder Services at 1-877-892-4226. The prospectus should be read carefully before investing.

Distributor: Capital Investment Group, Inc., 17 Glenwood Ave, Raleigh, NC 27603, Call (877) 892-4226 to order a prospectus.