# Brown Advisory Emerging Markets Small-Cap Fund — new fund registration

Brown Advisory Funds registered fund series on Form 485APOS, filed 2017-03-02. Featured series: Brown Advisory Emerging Markets Small-Cap Fund.

## Registration

- Registrant / trust: Brown Advisory Funds
- CIK: 0001548609
- Form: 485APOS
- Filed: 2017-03-02
- State of incorporation: DE
- Accession: 0000894189-17-001219

## Series & classes (3)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [Brown Advisory Emerging Markets Small-Cap Fund](https://search.stillhousedata.com/fund/S000047215) | Institutional Shares | BAFNX | — |
| [Brown Advisory Emerging Markets Small-Cap Fund](https://search.stillhousedata.com/fund/S000047215) | Investor Shares | BIANX | — |
| [Brown Advisory Emerging Markets Small-Cap Fund](https://search.stillhousedata.com/fund/S000047215) | Advisor Shares | — | — |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.00%
- Gross expense ratio: 1.57%
- Management fee: 1.25%
- Other expenses: 0.30%

## Investment objective

The Brown Advisory Macquarie Asia New Stars Fund (formerly, the Brown Advisory Emerging Markets Small-Cap Fund) (the Fund) seeks to achieve total return by investing principally in equity securities issued by small and medium capitalization companies which are domiciled in or exercise the predominant part of their economic activity in Asia (excluding Japan), as defined by those countries included in the MSCI AC Asia ex Japan SMID Cap Index.

## Advisers

- [Brown Advisory LLC (Advisor)](https://search.stillhousedata.com/firm/110181)
- [Macquarie Funds Management Hong Kong Limited (Subadvisor)](https://search.stillhousedata.com/firm/163553)

## Other filings by this registrant (15)

- [NT-NCSR — 2025-09-08](https://search.stillhousedata.com/launch/0000894189-25-006834)
- [485APOS — 2024-07-15 (3 new series)](https://search.stillhousedata.com/launch/0000894189-24-004074)
- [485APOS — 2022-11-17 (3 new series)](https://search.stillhousedata.com/launch/0000894189-22-008394)
- [485APOS — 2021-12-03 (3 new series)](https://search.stillhousedata.com/launch/0000894189-21-008470)
- [485APOS — 2021-06-15 (3 new series)](https://search.stillhousedata.com/launch/0000894189-21-003684)
- [485APOS — 2019-09-18 (3 new series)](https://search.stillhousedata.com/launch/0000894189-19-006288)
- [485APOS — 2018-07-25 (3 new series)](https://search.stillhousedata.com/launch/0000894189-18-003904)
- [485APOS — 2017-11-30 (3 new series)](https://search.stillhousedata.com/launch/0000894189-17-006346)
- [485APOS — 2017-06-15 (3 new series)](https://search.stillhousedata.com/launch/0000894189-17-003134)
- [485APOS — 2017-05-22 (3 new series)](https://search.stillhousedata.com/launch/0000894189-17-002715)
- [485APOS — 2015-08-14 (3 new series)](https://search.stillhousedata.com/launch/0000894189-15-004001)
- [485APOS — 2015-02-13 (3 new series)](https://search.stillhousedata.com/launch/0000894189-15-000809)

## More

- [Registrant profile: Brown Advisory Funds](https://search.stillhousedata.com/registrant/1548609)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0000894189-17-001219.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.