BBLIX Fees and Costs — BBH Select Series - Large Cap Fund, Class I
Data updated: 2026-01-14
The net expense ratio is 0.71%: a 0.65% management fee plus 0.06% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $33K in broker commissions, 0.0067% of average net assets, and portfolio turnover was 9%.
BBLIX Fees and Expenses
Annual operating expenses and sales charges of BBLIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.71% |
| Fee waiver | — |
| Net expense ratio | 0.71% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BBLIX Costs Over Time
On $10,000 invested in BBLIX, assuming 5% a year before costs, total costs come to $451 over 5 years, cutting the return by 0.75% 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 0.71%) | $75 | $233 | $406 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $247 | $451 |
| Value after costs | $10,425 | $11,329 | $12,312 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
BBLIX 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): 0.0067%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
BBLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $15K | 45.17% |
| J.P. MORGAN SECURITIES LLC | $7K | 20.87% |
| Jefferies LLC | $4K | 11.78% |
| BARCLAYS CAPITAL INC. | $3K | 8.71% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $2K | 5.64% |
| BERNSTEIN INSTITUTIONAL SERVIC | $1K | 3.13% |
| Goldman Sachs & Co, LLC | $1K | 3.10% |
| Sg Americas Securities, Llc | $521 | 1.59% |
BBH Select Series - Large Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BBLIX | Class I | 0.71% | none |
| BBLRX | Retail Class Shares | 0.71% | — |
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.