| Brazos Overview
Brazos
Capital Management ("Brazos Capital"), manager
to the Brazos Mutual Funds, is located in Dallas, Texas and provides
a variety of domestic equity, growth-oriented investment services
to its institutional clients. The
Funds' manager was founded in 1983 by four investment professionals
who were former trust department strategists at Mercantile Bank
in Dallas. Brazos Capital's Growth strategies were originally
offered as institutional separate accounts and primarily managed
for corporations, pension plans, foundations, endowments, and municipalities.
Brazos
Capital began managing the Brazos Mutual Funds on December 31, 1996
in response to the demand to provide a means of investing with Brazos
Capital at a lower minimum account size. The Brazos Mutual Funds:
Micro Cap, Small Cap, Mid Cap, and Growth Funds are managed by the
same team of investment professionals as the firm's separately managed
accounts, and the same investment philosophy and process are used
for the Funds. All four of the funds are dedicated to providing
shareholders with maximum capital appreciation, consistent with
reasonable risk to principal.
Since its inception in 1996, Brazos has focused primarily on managing
small-to-mid cap growth portfolios. The Adviser’s four founders
established a cohesive team approach to portfolio management 13
years prior to the Funds’ inception. The average investment experience
across the team now exceeds 19 years. This
philosophy of managing portfolios as a cohesive team, with each
participant being equally weighted and active in the decision making
process, has been a fundamental part of Brazos Capital and the Brazos
Funds. The Brazos Funds' primary objective of buying good companies
operating good businesses, while simultaneously controlling
the inherent volatility of smaller stocks through the disciplined
use of risk management techniques and controls will not waiver.
Management strictly adheres to investment rules and firm processes
to achieve these goals.
Since
its inception, the Brazos Funds' primary focus has been on performance
above all, with an important emphasis on risk management and client
service. The Funds' team of investment professionals is dedicated
to providing clients with consistently outstanding investment returns
and client service of the highest standard. Brazos is built
for performance, styled for consistency.
Brazos
Micro Cap - established December 31, 1997
Brazos
Small Cap - established December 31, 1996
Brazos
Mid Cap - established December 31, 1999
Brazos
Growth - established December 31, 1998
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