EX-99.(H)(5)(A) 6 oela.htm AMENDED SCHEDULE A TO OPERATING EXPENSE LIMITATION AGREEMENT oela.htm
 

 

 
SCHEDULE A
 
OPERATING EXPENSE LIMITS
 
                                                                                                Fund Name and Class of Shares                                                                                                           
 
 Fund Name and Class of Shares
Maximum Operating
Expense Limit*
   
 Brown Advisory Growth Equity Fund  
 Advisor Shares    1.35%
 Investor Shares  1.15%
 Institutional Shares    1.00%
   
 Brown Advisory Value Equity Fund  
 Advisor Shares   1.35%
 Investor Shares  1.15%
 Institutional Shares   1.00%
   
 Brown Advisory Flexible Equity Fund  
 Advisor Shares   1.35%
 Investor Shares  1.15%
 Institutional Shares   1.00%
   
 Brown Advisory Small-Cap Growth Fund  
 Advisor Shares  1.60%
 Investor Shares    1.40%
 Institutional Shares   1.25%
   
 Brown Advisory Small-Cap Fundamental Value Fund  
 Advisor Shares   1.60%
 Investor Shares  1.40%
 Institutional Shares  1.25%
   
 Brown Advisory Opportunity Fund  
 Advisor Shares  
 Investor Shares   1.70%
 Institutional Shares   1.50%
   1.35%
 Brown Advisory Maryland Bond Fund  
 Investor Shares   0.80%
 Advisor Shares      0.60%
 Institutional Shares    0.55%
                                                                                                                                                                                                                                                                                
 
 
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 Fund Name and Class of Shares
Maximum Operating
Expense Limit*
   
 Brown Advisory Intermediate Income Fund  
 Advisor Shares   0.80%
 Investor Shares 0.60%
 Institutional Shares   0.55%
   
 Brown Advisory Strategic Bond Fund  
Advisor Shares   0.95%
 Investor Shares  0.70%
 Institutional Shares   0.65%
   
 Brown Advisory Equity Income Fund  
 Advisor Shares       1.35%
 Investor Shares   1.15%
 Institutional Shares  1.00%
   
 Brown Advisory Sustainable Growth Fund  
 Advisor Shares  1.35%
 Investor Shares  1.15%
 Institutional Shares    1.00%
   
 Brown Advisory Tax Exempt Bond Fund  
 Advisor Shares  0.80%
 Investor Shares   0.60%
 Institutional Shares    0.55%
   
 Brown Advisory-Somerset Emerging Markets Fund  
 Advisor Shares        2.00%
 Investor Shares      1.75%
 Institutional Shares  1.60%
   
 Brown Advisory-WMC Strategic European Equity Fund  
 Advisor Shares   2.00%
 Investor Shares    1.75%
 Institutional Shares   1.60%
   
Brown Advisory Mortgage Securities Fund  
 Advisor Shares     0.80%
 Investor Shares  0.60%
 Institutional Shares  0.55%
   
Brown Advisory-WMC Japan Alpha Opportunities Fund  
 Advisor Shares 2.10% 
 Investor Shares  1.85%
 Institutional Shares 1.70%
                                                                                           
                                      
 
 
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 Fund Name and Class of Shares
Maximum Operating
Expense Limit*
   
 Brown Advisory Multi-Strategy Fund  
 Advisor Shares   2.00%
 Investor Shares  1.75%
 Institutional Shares  1.60%
   
 Brown Advisory Emerging Markets Small-Cap Fund  
 Advisor Shares   2.35%
 Investor Shares  2.10%
 Institutional Shares  1.95%
   
 Brown Advisory Total Return Fund  
 Advisor Shares   0.80%
 Investor Shares     0.60%
 Institutional Shares   0.55%
                                                                                                                                                                                                                                                                                                                                    
* Expressed as a percentage of a Fund’s average daily net assets.

As approved by the Board of Trustees:  September 15, 2014.

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