Investment Risks
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Aug. 06, 2025 |
Institutional Shares | The Brown Capital Management Small Company Fund | Market Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Risk: Market risk refers to the possibility that
the value of equity securities held by the Small Company Fund may decline due to daily fluctuations in the securities markets. Movements
in the stock market may adversely affect the specific securities held by the Small Company Fund on a daily basis, and, as a result, such
movements may negatively affect the Small Company’s net asset value. |
|
Institutional Shares | The Brown Capital Management Small Company Fund | Investment Style Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Style Risk: The performance of the Small Company
Fund may be better or worse than the performance of stock funds that focus on other types of stocks or have a broader investment style. |
|
Institutional Shares | The Brown Capital Management Small Company Fund | Investment Advisor Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Advisor Risk: The Advisor’s ability to
choose suitable investments has a significant impact on the ability of the Small Company Fund to achieve its investment objectives. |
|
Institutional Shares | The Brown Capital Management Small Company Fund | Market Sector Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Sector Risk: The percentage of the Small Company
Fund’s assets invested in various industries and sectors will vary from time to time depending on the Advisor’s perception
of investment opportunities. Investments in particular industries or sectors may be more volatile than the overall stock market. |
|
Institutional Shares | The Brown Capital Management Small Company Fund | Equity Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Equity Securities Risk: To the extent that the majority
of the Small Company Fund’s portfolio consists of common stocks, it is expected that the Small Company Fund’s net asset value
will be subject to greater price fluctuation than a portfolio containing mostly fixed income securities. |
|
Institutional Shares | The Brown Capital Management Small Company Fund | Small Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Small Companies Risk: Investing in the securities of small companies generally involves greater
risk than investing in larger, more established companies. Although investing in securities of small companies offers potential above-average
returns if the companies are successful, the risk exists that the companies will not succeed and the prices of the companies’ shares
could significantly decline in value. The earnings and prospects of smaller companies are more volatile than larger companies, and smaller
companies may experience higher failure rates than do larger companies. The trading volume of securities of smaller companies is normally
less than that of larger companies and, therefore, may disproportionately affect their market price, tending to make prices fall more
in response to selling pressure than is the case with larger companies. Smaller companies may also have limited markets, product lines,
or financial resources, and may lack management experience. |
|
Institutional Shares | The Brown Capital Management Small Company Fund | Micro-Cap Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Micro-Cap Companies Risk: Micro-cap stocks may be very sensitive to changing economic conditions
and market downturns because the issuers often have narrow markets for their products or services, fewer product lines, and more limited
managerial and financial resources than larger issuers. The stocks of micro-cap companies may therefore be more volatile and the ability
to sell them at a desirable time or price may be more limited. |
|
Institutional Shares | The Brown Capital Management Small Company Fund | Risk Lose Money [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
An
investment in the Small Company Fund is subject to investment risks, including the possible loss of some or all of the principal amount
invested.
|
Institutional Shares | The Brown Capital Management International All Company Fund | Market Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Risk: Market risk refers to the possibility that
the value of equity securities held by the International All Company Fund may decline due to daily fluctuations in the securities markets.
Movements in the stock market may adversely affect the specific securities held by the International All Company Fund on a daily basis,
and, as a result, such movements may negatively affect the International All Company Fund’s net asset value. |
|
Institutional Shares | The Brown Capital Management International All Company Fund | Investment Style Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Style Risk: The performance of the International
All Company Fund may be better or worse than the performance of stock funds that focus on other types of stocks or have a broader investment
style. |
|
Institutional Shares | The Brown Capital Management International All Company Fund | Investment Advisor Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Advisor Risk: The Advisor’s ability to
choose suitable investments has a significant impact on the ability of the International All Company Fund to achieve its investment objectives. |
|
Institutional Shares | The Brown Capital Management International All Company Fund | Market Sector Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Sector Risk: The percentage of the International
All Company Fund’s assets invested in various industries and sectors will vary from time to time depending on the Advisor’s
perception of investment opportunities. Investments in particular industries or sectors may be more volatile than the overall stock market. |
|
Institutional Shares | The Brown Capital Management International All Company Fund | Equity Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Equity Securities Risk: To the extent that the majority
of the International All Company Fund’s portfolio consists of common stocks, it is expected that the International All Company
Fund’s net asset value will be subject to greater price fluctuation than a portfolio containing mostly fixed income securities. |
|
Institutional Shares | The Brown Capital Management International All Company Fund | Foreign Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Foreign Securities Risk: Foreign securities may involve
investment risks different from those associated with domestic securities. Foreign markets may be less liquid, more volatile, and subject
to less government supervision than domestic markets. There may also be difficulties enforcing contractual obligations, and it may take
more time for trades to clear and settle. Adverse political and economic developments or changes in the value of foreign currency can
make it difficult for the International All Company Fund to sell its securities and could reduce the value of your shares. The International
All Company Fund may experience more rapid and extreme changes in value than a fund that invests exclusively in securities of U.S. companies
due to, among other things: smaller markets; differing reporting, accounting, and auditing standards; nationalization, expropriation,
or confiscatory taxation; foreign currency fluctuations, currency blockage, or replacement; sovereign solvency considerations; less liquid
and more volatile exchanges and/or markets; or political changes or diplomatic developments. |
|
Institutional Shares | The Brown Capital Management International All Company Fund | Emerging Markets Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Emerging Markets Securities Risk: Investments in the securities
of developing or emerging markets may entail additional risks than investments in foreign securities, including: less social, political
and economic stability; smaller securities markets and lower trading volume, which may result in less liquidity and greater price volatility;
restrictions on investment opportunities, including restrictions on investments in issuers or industries, or expropriation or confiscation
of assets or property; and less developed legal structures governing private or foreign investment. |
|
Institutional Shares | The Brown Capital Management International All Company Fund | Risk Lose Money [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
An investment in the International All Company
Fund is subject to investment risks, including the possible loss of some or all of the principal amount invested.
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Market Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Risk: Market risk refers to the possibility that the value of equity securities held by
the International Small Company Fund may decline due to daily fluctuations in the securities markets. Movements in the stock market may
adversely affect the specific securities held by the International Small Company Fund on a daily basis, and, as a result, such movements
may negatively affect the Small Company’s net asset value. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Investment Style Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Style Risk: The performance of the International Small Company Fund may be better or
worse than the performance of stock funds that focus on other types of stocks or have a broader investment style. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Investment Advisor Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Advisor Risk: The Advisor’s ability to choose suitable investments has a significant
impact on the ability of the International Small Company Fund to achieve its investment objectives. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Market Sector Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Sector Risk: The percentage of the International Small Company Fund’s assets invested
in various industries and sectors will vary from time to time depending on the Advisor’s perception of investment opportunities.
Investments in particular industries or sectors may be more volatile than the overall stock market. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Equity Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Equity Securities Risk: To the extent that the majority of the International Small Company Fund’s
portfolio consists of common stocks, it is expected that the International Small Company Fund’s net asset value will be subject
to greater price fluctuation than a portfolio containing mostly fixed income securities. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Small Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Small Companies Risk: Investing in the securities of small companies generally involves greater
risk than investing in larger, more established companies. Although investing in securities of small companies offers potential above-average
returns if the companies are successful, the risk exists that the companies will not succeed and the prices of the companies’ shares
could significantly decline in value. The earnings and prospects of smaller companies are more volatile than larger companies, and smaller
companies may experience higher failure rates than do larger companies. The trading volume of securities of smaller companies is normally
less than that of larger companies and, therefore, may disproportionately affect their market price, tending to make prices fall more
in response to selling pressure than is the case with larger companies. Smaller companies may also have limited markets, product lines,
or financial resources, and may lack management experience. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Foreign Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Foreign Securities Risk: Foreign securities may involve investment risks different from those associated
with domestic securities. Foreign markets may be less liquid, more volatile, and subject to less government supervision than domestic
markets. There may also be difficulties enforcing contractual obligations, and it may take more time for trades to clear and settle. Adverse
political and economic developments or changes in the value of foreign currency can make it difficult for the International Small Company
Fund to sell its securities and could reduce the value of your shares. The International Small Company Fund may experience more rapid
and extreme changes in value than a fund that invests exclusively in securities of U.S. companies due to, among other things: smaller
markets; differing reporting, accounting, and auditing standards; nationalization, expropriation, or confiscatory taxation; foreign currency
fluctuations, currency blockage, or replacement; sovereign solvency considerations; less liquid and more volatile exchanges and/or markets;
or political changes or diplomatic developments. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Emerging Markets Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Emerging Markets Securities Risk: Investments in the securities of developing or emerging markets
may entail additional risks than investments in foreign securities, including: less social, political and economic stability; smaller
securities markets and lower trading volume, which may result in less liquidity and greater price volatility; restrictions on investment
opportunities, including restrictions on investments in issuers or industries, or expropriation or confiscation of assets or property;
and less developed legal structures governing private or foreign investment. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Micro Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Micro-Companies Risk: Micro-company stocks may be very sensitive to changing economic conditions
and market downturns because the issuers often have narrow markets for their products or services, fewer product lines, and more limited
managerial and financial resources than larger issuers. The stocks of micro-companies may therefore be more volatile and the ability to
sell them at a desirable time or price may be more limited. |
|
Institutional Shares | The Brown Capital Management International Small Company Fund | Risk Lose Money [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
An
investment in the International Small Company Fund is subject to investment risks, including the possible loss of some or all of the principal
amount invested.
|
Investor Shares | The Brown Capital Management Small Company Fund | Market Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Risk: Market risk refers to the possibility that the value of equity securities held by
the Small Company Fund may decline due to daily fluctuations in the securities markets. Movements in the stock market may adversely affect
the specific securities held by the Small Company Fund on a daily basis, and, as a result, such movements may negatively affect the Small
Company’s net asset value. |
|
Investor Shares | The Brown Capital Management Small Company Fund | Investment Style Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Style Risk: The performance of the Small Company Fund may be better or worse than the
performance of stock funds that focus on other types of stocks or have a broader investment style. |
|
Investor Shares | The Brown Capital Management Small Company Fund | Investment Advisor Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Advisor Risk: The Advisor’s ability to choose suitable investments has a significant
impact on the ability of the Small Company Fund to achieve its investment objectives. |
|
Investor Shares | The Brown Capital Management Small Company Fund | Market Sector Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Sector Risk: The percentage of the Small Company Fund’s assets invested in various
industries and sectors will vary from time to time depending on the Advisor’s perception of investment opportunities. Investments
in particular industries or sectors may be more volatile than the overall stock market. |
|
Investor Shares | The Brown Capital Management Small Company Fund | Equity Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Equity Securities Risk: To the extent that the majority of the Small Company Fund’s portfolio
consists of common stocks, it is expected that the Small Company Fund’s net asset value will be subject to greater price fluctuation
than a portfolio containing mostly fixed income securities. |
|
Investor Shares | The Brown Capital Management Small Company Fund | Small Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Small Companies Risk: Investing in the securities of small companies generally involves greater
risk than investing in larger, more established companies. Although investing in securities of small companies offers potential above-average
returns if the companies are successful, the risk exists that the companies will not succeed and the prices of the companies’ shares
could significantly decline in value. The earnings and prospects of smaller companies are more volatile than larger companies, and smaller
companies may experience higher failure rates than do larger companies. The trading volume of securities of smaller companies is normally
less than that of larger companies and, therefore, may disproportionately affect their market price, tending to make prices fall more
in response to selling pressure than is the case with larger companies. Smaller companies may also have limited markets, product lines,
or financial resources, and may lack management experience. |
|
Investor Shares | The Brown Capital Management Small Company Fund | Micro-Cap Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Micro-Cap Companies Risk: Micro-cap stocks may be very sensitive to changing economic conditions
and market downturns because the issuers often have narrow markets for their products or services, fewer product lines, and more limited
managerial and financial resources than larger issuers. The stocks of micro-cap companies may therefore be more volatile and the ability
to sell them at a desirable time or price may be more limited. |
|
Investor Shares | The Brown Capital Management Small Company Fund | Risk Lose Money [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
An
investment in the Small Company Fund is subject to investment risks, including the possible loss of some or all of the principal amount
invested.
|
Investor Shares | The Brown Capital Management International All Company Fund | Market Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Risk: Market risk refers to the possibility that the value of equity securities held by
the International All Company Fund may decline due to daily fluctuations in the securities markets. Movements in the stock market may
adversely affect the specific securities held by the International All Company Fund on a daily basis, and, as a result, such movements
may negatively affect the International All Company Fund’s net asset value. |
|
Investor Shares | The Brown Capital Management International All Company Fund | Investment Style Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Style Risk: The performance of the International All Company Fund may be better or worse
than the performance of stock funds that focus on other types of stocks or have a broader investment style. |
|
Investor Shares | The Brown Capital Management International All Company Fund | Investment Advisor Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Advisor Risk: The Advisor’s ability to choose suitable investments has a significant
impact on the ability of the International All Company Fund to achieve its investment objectives. |
|
Investor Shares | The Brown Capital Management International All Company Fund | Market Sector Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Sector Risk: The percentage of the International All Company Fund’s assets invested
in various industries and sectors will vary from time to time depending on the Advisor’s perception of investment opportunities.
Investments in particular industries or sectors may be more volatile than the overall stock market. |
|
Investor Shares | The Brown Capital Management International All Company Fund | Equity Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Equity Securities Risk: To the extent that the majority of the International All Company Fund’s
portfolio consists of common stocks, it is expected that the International All Company Fund’s net asset value will be subject to
greater price fluctuation than a portfolio containing mostly fixed income securities. |
|
Investor Shares | The Brown Capital Management International All Company Fund | Foreign Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Foreign Securities Risk: Foreign securities may involve investment risks different from those associated
with domestic securities. Foreign markets may be less liquid, more volatile, and subject to less government supervision than domestic
markets. There may also be difficulties enforcing contractual obligations, and it may take more time for trades to clear and settle. Adverse
political and economic developments or changes in the value of foreign currency can make it difficult for the International All Company
Fund to sell its securities and could reduce the value of your shares. The International All Company Fund may experience more rapid and
extreme changes in value than a fund that invests exclusively in securities of U.S. companies due to, among other things: smaller markets;
differing reporting, accounting, and auditing standards; nationalization, expropriation, or confiscatory taxation; foreign currency fluctuations,
currency blockage, or replacement; sovereign solvency considerations; less liquid and more volatile exchanges and/or markets; or political
changes or diplomatic developments. |
|
Investor Shares | The Brown Capital Management International All Company Fund | Emerging Markets Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Emerging Markets Securities Risk: Investments in the securities of developing or emerging markets
may entail additional risks than investments in foreign securities, including: less social, political and economic stability; smaller
securities markets and lower trading volume, which may result in less liquidity and greater price volatility; restrictions on investment
opportunities, including restrictions on investments in issuers or industries, or expropriation or confiscation of assets or property;
and less developed legal structures governing private or foreign investment. |
|
Investor Shares | The Brown Capital Management International All Company Fund | Risk Lose Money [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
An
investment in the International All Company Fund is subject to investment risks, including the possible loss of some or all of the principal
amount invested.
|
Investor Shares | The Brown Capital Management International Small Company Fund | Market Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Risk: Market risk refers to the possibility that the value of equity securities held
by the International Small Company Fund may decline due to daily fluctuations in the securities markets. Movements in the stock
market may adversely affect the specific securities
held by the International Small Company Fund on a daily basis, and, as a result, such movements may negatively affect the Small Company’s
net asset value. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Investment Style Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Style Risk: The performance of the International Small Company Fund may be better or
worse than the performance of stock funds that focus on other types of stocks or have a broader investment style. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Investment Advisor Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Investment Advisor Risk: The Advisor’s ability to choose suitable investments has a significant
impact on the ability of the International Small Company Fund to achieve its investment objectives. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Market Sector Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Market Sector Risk: The percentage of the International Small Company Fund’s assets invested
in various industries and sectors will vary from time to time depending on the Advisor’s perception of investment opportunities.
Investments in particular industries or sectors may be more volatile than the overall stock market. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Equity Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Equity Securities Risk: To the extent that the majority of the International Small Company Fund’s
portfolio consists of common stocks, it is expected that the International Small Company Fund’s net asset value will be subject
to greater price fluctuation than a portfolio containing mostly fixed income securities. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Small Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Small Companies Risk: Investing in the securities of small companies generally involves greater
risk than investing in larger, more established companies. Although investing in securities of small companies offers potential above-average
returns if the companies are successful, the risk exists that the companies will not succeed and the prices of the companies’ shares
could significantly decline in value. The earnings and prospects of smaller companies are more volatile than larger companies, and smaller
companies may experience higher failure rates than do larger companies. The trading volume of securities of smaller companies is normally
less than that of larger companies and, therefore, may disproportionately affect their market price, tending to make prices fall more
in response to selling pressure than is the case with larger companies. Smaller companies may also have limited markets, product lines,
or financial resources, and may lack management experience. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Foreign Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Foreign Securities Risk: Foreign securities may involve investment risks different from those associated
with domestic securities. Foreign markets may be less liquid, more volatile, and subject to less government supervision than domestic
markets. There may also be difficulties enforcing contractual obligations, and it may take more time for trades to clear and settle. Adverse
political and economic developments or changes in the value of foreign currency can make it difficult for the International Small Company
Fund to sell its securities and could reduce the value of your shares. The International Small Company Fund may experience more rapid
and extreme changes in value than a fund that invests exclusively in securities of U.S. companies due to, among other things: smaller
markets; differing reporting, accounting, and auditing standards; nationalization, expropriation, or confiscatory taxation; foreign currency
fluctuations, currency blockage, or replacement; sovereign solvency considerations; less liquid and more volatile exchanges and/or markets;
or political changes or diplomatic developments. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Emerging Markets Securities Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Emerging Markets Securities Risk: Investments in the securities of developing or emerging markets
may entail additional risks than investments in foreign securities, including: less social, political and economic stability; smaller
securities markets and lower trading volume, which may result in less liquidity and greater price volatility; restrictions on investment
opportunities, including restrictions on investments in issuers or industries, or expropriation or confiscation of assets or property;
and less developed legal structures governing private or foreign investment. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Micro Companies Risk [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
| ● | Micro Companies Risk: Micro-company stocks may be very sensitive to changing economic conditions
and market downturns because the issuers often have narrow markets for their products or services, fewer product lines, and more limited
managerial and financial resources than larger issuers. The stocks of micro- companies may therefore be more volatile and the ability
to sell them at a desirable time or price may be more limited. |
|
Investor Shares | The Brown Capital Management International Small Company Fund | Risk Lose Money [Member] |
|
Prospectus [Line Items] |
|
Risk [Text Block] |
An
investment in the International Small Company Fund is subject to investment risks, including the possible loss of some or all of the principal
amount invested.
|