BCSFX Performance — Brown Capital Management International Small Company Fund, Institutional Class
Data updated: 2026-08-21
BCSFX returned −14.91% year to date and −26.71% over one year to Jun 2026. Annualised returns are −1.42% over 3 years and −4.46% over 5 years. The fund trailed its International Growth category average: $100 invested three years ago grew to $96, against $115 for the category, and to $73 over one year, against $92. Volatility over the past three years was 18.83% a year. In the 12 months to Jun 2026 the fund lost a net $1.2B, and assets reached $683.25M.
BCSFX Growth of $100
What $100 invested in Brown Capital Management International Small Company Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Growth category average over the same months.
| Period | BCSFX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $73 | $92 |
| 3 years (Jul 2023 – Jun 2026) | $96 | $115 |
| 5 years (Jul 2021 – Jun 2026) | $80 | $98 |
| Since data start (Jul 2019 – Jun 2026) | $126 | $145 |
BCSFX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −14.91% |
| 1 year | −26.71% |
| 3 years (annualised) | −1.42% |
| 5 years (annualised) | −4.46% |
BCSFX Annual Returns
Calendar-year total returns of Brown Capital Management International Small Company Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −14.91% |
| 2025 | −2.05% |
| 2024 | +8.39% |
| 2023 | +20.37% |
| 2022 | −31.41% |
| 2021 | +12.98% |
| 2020 | +45.10% |
| 2019 (Jul–Dec) | +2.73% |
BCSFX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −5.1% | −7.1% | −7.4% | +7.6% | +0.9% | −4.1% | — | — | — | — | — | — |
| 2025 | +3.7% | −4.4% | −4.0% | +7.0% | +5.6% | +5.8% | −2.6% | −1.1% | 0.0% | −5.1% | −3.8% | −1.9% |
| 2024 | −1.5% | +2.6% | +0.1% | −5.2% | +5.0% | −0.7% | +4.2% | +2.8% | +5.0% | −5.9% | +5.0% | −2.4% |
| 2023 | +5.8% | −2.7% | +3.5% | +2.5% | −1.5% | +5.5% | +2.9% | −5.1% | −7.7% | −6.5% | +13.6% | +10.7% |
| 2022 | −16.1% | −2.5% | −1.6% | −9.9% | −0.5% | −8.5% | +7.8% | −4.3% | −12.0% | +8.0% | +7.3% | −1.2% |
| 2021 | +0.7% | −0.6% | −2.2% | +6.1% | +1.4% | +0.6% | +2.3% | +6.6% | −4.8% | +4.6% | −3.7% | +2.1% |
| 2020 | +2.0% | −9.9% | −9.9% | +14.5% | +10.9% | +3.4% | +7.2% | +5.6% | −1.5% | +0.7% | +10.5% | +7.5% |
| 2019 | — | — | — | — | — | — | −1.9% | −4.2% | +1.6% | +1.0% | +4.1% | +2.4% |
BCSFX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.83%
- 3-year Sharpe ratio: -0.31 (vs 4.5% risk-free rate)
- Best month: +13.61% (Nov 2023)
- Worst month: −7.69% (Sep 2023)
BCSFX Fund Flows
Monthly money in and out of Brown Capital Management International Small Company Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.2B
- 12-month gross sales (incl. reinvestments): $195.7M
- Sales ÷ redemptions: 0.15×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.4M | $203.6M | −$200.3M |
| May 2026 | $17.0M | $405.5M | −$388.4M |
| Apr 2026 | $14.5M | $75.1M | −$60.6M |
| Mar 2026 | $37.8M | $93.6M | −$55.9M |
| Feb 2026 | $7.5M | $178.2M | −$170.7M |
| Jan 2026 | $37.3M | $90.0M | −$52.7M |
| Dec 2025 | $11.9M | $95.9M | −$84.0M |
| Nov 2025 | $13.3M | $66.6M | −$53.2M |
| Oct 2025 | $7.3M | $30.9M | −$23.6M |
| Sep 2025 | $16.1M | $41.6M | −$25.5M |
| Aug 2025 | $13.4M | $36.2M | −$22.7M |
| Jul 2025 | $16.2M | $30.0M | −$13.8M |
BCSFX Assets Under Management
Net assets of Brown Capital Management International Small Company Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $683.25M |
| 2026-03-31 | $1.27B |
| 2025-12-31 | $1.88B |
| 2025-09-30 | $2.27B |
| 2025-06-30 | $2.42B |
| 2025-03-31 | $2.03B |
| 2024-12-31 | $2.20B |
| 2024-09-30 | $2.33B |
| 2024-06-30 | $2.11B |
| 2024-03-31 | $2.16B |
| 2023-12-31 | $2.16B |
| 2023-09-30 | $2.19B |
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.