BCMSX Performance — Brown Capital Management Mid Company Fund, Investor Class
Data updated: 2024-08-29
BCMSX returned −2.43% over one year to Jun 2024. Annualised returns are −6.81% over 3 years and +6.09% over 5 years. The fund trailed its US Mid-Cap Growth category average: $100 invested three years ago grew to $81, against $96 for the category, and to $98 over one year, against $113. Volatility over the past three years was 24.93% a year. In the 12 months to Jun 2024 the fund lost a net $2.1M, and assets reached $69.24M.
BCMSX Growth of $100
What $100 invested in Brown Capital Management Mid Company Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | BCMSX | Category average |
|---|---|---|
| 1 year (Jul 2023 – Jun 2024) | $98 | $113 |
| 3 years (Jul 2021 – Jun 2024) | $81 | $96 |
| 5 years (Jul 2019 – Jun 2024) | $134 | $151 |
BCMSX Trailing Returns
Total returns to Jun 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −2.43% |
| 3 years (annualised) | −6.81% |
| 5 years (annualised) | +6.09% |
BCMSX Annual Returns
Calendar-year total returns of Brown Capital Management Mid Company Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jun) | −3.10% |
| 2023 | +27.15% |
| 2022 | −37.12% |
| 2021 | +13.82% |
| 2020 | +40.80% |
| 2019 (Jul–Dec) | +8.26% |
BCMSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −1.4% | +3.1% | +3.4% | −8.1% | −2.0% | +2.2% | — | — | — | — | — | — |
| 2023 | +11.0% | −1.9% | +5.1% | 0.0% | +1.8% | +8.4% | +0.5% | −4.5% | −8.0% | −9.2% | +13.3% | +10.8% |
| 2022 | −13.9% | −5.1% | +1.8% | −12.8% | −7.0% | −6.7% | +12.5% | −6.4% | −10.0% | +5.2% | +5.1% | −4.6% |
| 2021 | −3.0% | +3.7% | −1.2% | +6.2% | −1.9% | +5.3% | +5.2% | +1.9% | −5.3% | +8.2% | −6.9% | +2.1% |
| 2020 | +2.4% | −5.4% | −14.9% | +20.6% | +10.7% | +3.5% | +5.2% | +2.7% | −1.7% | −2.3% | +12.0% | +6.4% |
| 2019 | — | — | — | — | — | — | +1.2% | +0.2% | −1.0% | +1.8% | +5.0% | +0.9% |
BCMSX Risk
Risk measures from monthly returns over Jul 2021 – Jun 2024.
- 3-year volatility (annualised): 24.93%
- 3-year Sharpe ratio: -0.45 (vs 4.5% risk-free rate)
- Best month: +13.31% (Nov 2023)
- Worst month: −13.92% (Jan 2022)
BCMSX Fund Flows
Monthly money in and out of Brown Capital Management Mid Company Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.1M
- 12-month gross sales (incl. reinvestments): $2.5M
- Sales ÷ redemptions: 0.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2024 | $120K | $406K | −$285K |
| May 2024 | $57K | $540K | −$483K |
| Apr 2024 | $113K | $265K | −$152K |
| Mar 2024 | $247K | $420K | −$173K |
| Feb 2024 | $311K | $597K | −$286K |
| Jan 2024 | $204K | $170K | $33K |
| Dec 2023 | $36K | $898K | −$862K |
| Nov 2023 | $30K | $264K | −$234K |
| Oct 2023 | $17K | $167K | −$151K |
| Sep 2023 | $37K | $226K | −$189K |
| Aug 2023 | $962K | $396K | $565K |
| Jul 2023 | $320K | $218K | $102K |
BCMSX Assets Under Management
Net assets of Brown Capital Management Mid Company Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-06-30 | $69.24M |
| 2024-03-31 | $76.10M |
| 2023-12-31 | $72.78M |
| 2023-09-30 | $64.97M |
| 2023-06-30 | $73.05M |
| 2023-03-31 | $38.47M |
| 2022-12-31 | $34.97M |
| 2022-09-30 | $34.38M |
| 2022-06-30 | $35.95M |
| 2022-03-31 | $47.69M |
| 2021-12-31 | $56.73M |
| 2021-09-30 | $55.79M |
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.