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Baird Funds Introduces the Baird Small/Mid Cap Value Fund

December 1, 2015 1:17 PM EST

MILWAUKEE--(BUSINESS WIRE)-- Baird Funds today launched the Baird Small/Mid Cap Value Fund (BMVIX/BMVSX). The Fund will be managed by Michelle Stevens, who also manages Baird Small Cap Value Fund (BSVIX/BSVSX).

“This fund is a natural extension of our value equity team’s product offerings,” said Reik Read, Managing Director. “Michelle has a 15-year history managing small/mid value accounts for institutional clients, so we are pleased to expand our stock fund line up to provide an additional vehicle for investors.”

The Baird Small/Mid Cap Value Fund will seek long-term capital appreciation by investing in a diversified portfolio of common stocks of companies with small to medium market capitalizations. Click here to read the prospectus.

Said Michelle Stevens, Senior Vice President and Portfolio Manager, “This fund combines the benefits of small and mid cap investing in one portfolio. Both small and mid cap stocks tend to grow faster, and a ‘SMID’ portfolio allows us to hold on to growing small cap companies longer as they grow into the mid cap range.”

Click here for a Q&A with Stevens discussing her investment approach.

About Baird Funds

The Baird Funds are a family of fixed income and equity mutual funds including Baird Ultra Short Term Bond, Baird Short Term Bond, Baird Short Term Municipal Bond Fund, Baird Intermediate Bond, Baird Quality Intermediate Bond Fund, Core Intermediate Municipal Bond, Baird Aggregate Bond, Baird Core Plus, Baird Small Cap Value, Baird Small Mid Cap Value, Baird Mid Cap and Baird Large Cap.

About Baird

Baird is an employee-owned, international wealth management, capital markets, private equity and asset management firm with offices in the United States, Europe and Asia. Established in 1919, Baird has more than 3,200 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $152 billion in client assets. Committed to being a great place to work, Baird ranked No. 5 on FORTUNE’s 100 Best Companies to Work For in 2015 – its 12th consecutive year on the list. Baird’s principal operating subsidiaries are Robert W. Baird & Co. in the United States and Robert W. Baird Group Ltd. in Europe. Baird also has an operating subsidiary in Asia supporting Baird’s investment banking and private equity operations. For more information, please visit Baird’s Web site at www.rwbaird.com.

Investors should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. This and other information is found in the prospectus and summary prospectus. For a prospectus or summary prospectus contact Baird Funds directly at 800-444-9102 or contact your Baird Financial Advisor. Please read the prospectus or summary prospectus carefully before investing.

There is no guarantee that the strategy of the fund will be profitable or protect against loss. The fund invests in the stocks of small- and mid-capitalization companies. These companies often are more volatile, have fewer resources to weather adverse economic or market conditions and generally face greater risks than large-cap companies.

For Baird
Jody Lowe, 414-322-9311
[email protected]

Source: Baird



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