BBHEX Fees and Costs — BBH Partner Fund - International Equity
Data updated: 2026-09-25
The net expense ratio is 1.07%: a 0.80% management fee plus 0.27% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $1.3M in broker commissions, 0.0564% of average net assets, and portfolio turnover was 62%.
BBHEX Fees and Expenses
Annual operating expenses and sales charges of BBHEX. Prospectus, as of February 29, 2016.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 1.07% |
| Fee waiver | — |
| Net expense ratio | 1.07% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BBHEX Costs Over Time
On $10,000 invested in BBHEX, assuming 5% a year before costs, total costs come to $703 over 5 years, cutting the return by 1.18% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.07%) | $112 | $350 | $606 |
| Trading costs (broker commissions) | $6 | $18 | $32 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $118 | $387 | $703 |
| Value after costs | $10,382 | $11,189 | $12,060 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
BBHEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0564%
- Total broker commissions: $1.3M
- Bought from dealers (principal trades, not a cost): $969.6M
- Portfolio turnover (prospectus): 62%
- Securities lending: none during the year
BBHEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $151K | 18.18% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $143K | 17.23% |
| J.P. MORGAN SECURITIES LLC | $86K | 10.32% |
| Jefferies LLC | $84K | 10.06% |
| Goldman Sachs & Co, LLC | $82K | 9.92% |
| INSTINET, LLC | $78K | 9.43% |
| BNP Paribas Securities Corp. | $54K | 6.47% |
| CREDIT LYONNAIS | $53K | 6.42% |
| DAIWA SECURITIES GROUP | $52K | 6.31% |
| MORGAN STANLEY & CO. LLC | $47K | 5.67% |
BBHEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BROWN BROTHERS HARRIMAN INVESTMENTS, LLC | $969.5M | 99.99% |
| INSTINET, LLC | $123K | 0.01% |
BBH Partner Fund - International Equity Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BBHLX | Class I | 0.63% | — |
| BBHEX | C000041205 | 1.07% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.