X0101 EFFECT 33 LIVE 2012-06-29 15:45:00

N-1A

0001548609 Brown Advisory Funds 333-181202 S000037789 Brown Advisory Winslow Sustainability Fund C000116562 Institutional Shares S000037789 Brown Advisory Winslow Sustainability Fund C000116563 Investor Shares S000037789 Brown Advisory Winslow Sustainability Fund C000116564 Advisor Shares S000037790 Brown Advisory Tax Exempt Bond Fund C000116565 Institutional Shares S000037790 Brown Advisory Tax Exempt Bond Fund C000116566 Investor Shares S000037790 Brown Advisory Tax Exempt Bond Fund C000116567 Advisor Shares