Baird MidCap Named “Best SMF Mid Cap Growth Fund” by TheStreet.com
March 29, 2012
Baird MidCap Fund Investor Class (BMDSX)
was named the Best SMF Mid Cap Growth fund in TheStreet.com’s recently published “Best Funds 2012.” Baird MidCap ranked highest out of 123 funds in its category.
TheStreet.com’s second annual ranking recognizes 82 mutual funds and exchange traded funds (ETFs) as winners and runners-up in 45 categories, based on an analysis of long-term performance and risk metrics.
For more information, view "Best Funds 2012"
The Baird Mid Cap Fund is in The Street Stock Mutual Fund Mid Cap Growth category. The fund’s ranking represents past performance, which is no guarantee of future results.
To be eligible for The Street ranking consideration, an open-end mutual fund needed at least a 3-year history as of 12/31/10 and open to new assets on 12/31/10 with a minimum investment not exceeding $100,000. 50% of the ranking is based upon performance metrics, including total return less expenses, with a weighting to give more recent performance greater emphasis. 50% of the ranking is based upon risk metrics, including standard deviation, size of trough-to-peak (drawdown factor), semi-standard deviation and beta. Less risk is favorable.
Investors should consider the investment objectives, risks, charges and expenses of the fund carefully before investing. This and other information can be found in the prospectus. A prospectus may be obtained by visiting bairdfunds.com or calling 800-444-9102. Please read the prospectus carefully before you invest or send money.
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 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 foreign securities and ADRs. Foreign investments involve risks such as currency rate fluctuations, different and sometimes less strict financial reporting standards and regulation, and the potential for political and economic instability.