January 30, 2020
In a January 30 Nasdaq article by Zacks Equity Research titled “3 Great Mutual Fund Picks for Your Retirement,” Baird Midcap Fund was highlighted for its performance, diversification and low fees.
The average annual total returns for the Investor Class of the Baird MidCap Fund as of December 31, 2019 are 35.94% for the one-year, 11.29% for the five-year and 13.87% for the ten-year periods and 7.96% since its December 29, 2000 inception date. The expense ratio for the investor class is 1.06%.
The average annual total returns for the Russell Midcap Growth Index as of December 31, 2019 are 35.47% for the one-year, 11.60% for the five-year and 14.24% for the ten-year periods and 7.67% since the fund’s inception.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment in the fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. The funds' current performance may be lower or higher than the performance data quoted.
The Fund focuses on growth-style stocks and therefore the performance of the Fund will typically be more volatile than the performance of funds that focus on types of stocks that have a broader investment style. The Fund may invest up to 15% of its total assets in U.S. dollar-denominated foreign securities and ADRs. Foreign investments involve additional risks such as currency rate fluctuations, political and economic instability, and different and sometimes less strict financial reporting standards and regulation. The Fund invests a substantial portion of its assets in the stocks of mid-capitalization companies. Mid-capitalization companies often are more volatile and face greater risks than larger, more established companies.
The Russell Midcap Growth Index measures the performance of those Russell Midcap companies with higher price-to-book ratios and higher forecasted growth values. The stocks are also members of the Russell 1000 Growth Index. Indices are unmanaged and are not available for direct investment.
Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. This and other information is found in the prospectus and summary prospectus. For a prospectus or summary prospectus or for performance current to the most recent month-end, please visit www.bairdfunds.com contact Baird Funds directly at 800-444-9102 or contact your Baird Financial Advisor. Please read the prospectus or summary prospectus carefully before investing. The fund’s current performance may be lower or higher than this performance data.