Robert W. Baird & Co. Incorporated issued the following announcement on Nov. 1.

Baird Funds today launched the Baird Small/Mid Cap Growth Fund (BSGIX/BSGSX). The fund is a high conviction portfolio of 60-70 stocks and will focus on companies with market capitalizations between $500 million and $12 billion.

The sixth equity fund offered by Baird Equity Asset Management, the Small/Mid Cap Growth Fund will be managed by Jonathan Good. Good will use a similar approach to that of the Morningstar Bronze-rated Baird MidCap Fund (BMDIX/BMDSX) where he has been a senior research analyst for twelve years. Good has more than 18 years of investment experience.

“This fund is a natural extension as our team has always done fundamental research on small cap stocks to better know the up and coming mid cap ideas,” said Reik Read, Managing Director. “Jonathan will apply the same consistent process and risk-conscious approach to take advantage of the unique attributes of SMID cap stocks.”

Said Jonathan Good, “I’m excited to manage a mutual fund focused on smaller market cap stocks, many of which over time could become potential ideas for our Mid Cap Growth strategy.” Good also manages a small/mid growth separate account strategy.

About Equity Asset Management

Baird Equity Asset Management represents experienced independent investment teams with specialized experience and knowledge in focused areas of the equity markets. Fundamental research-driven investment processes have been honed over decades of managing portfolios in various market environments. Funds managed include Baird Small Cap Value Fund, Baird Small/Mid Cap Value Fund, Baird Small/Mid Cap Growth Fund, Baird Mid Cap Fund, Chautauqua Global Growth Fund, and Chautauqua International Growth Fund. For more information, please visit www.bairdequityassetmanagement.com.

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 approximately 3,500 associates serving the needs of individual, corporate, institutional and municipal clients. Baird has $211 billion in client assets as of June 30, 2018. Committed to being a great place to work, Baird ranked No. 12 on FORTUNE’s 100 Best Companies to Work For in 2018 – its 15th consecutive year on the list. Baird is the marketing name of Baird Financial Group. Baird’s principal operating subsidiaries are Robert W. Baird & Co. Incorporated 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 website at www.rwbaird.com.

For additional information, contact:

Jody Lowe

(414)322-9311

jody@lowecom.com

Past performance does not guarantee future results.

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 directly at 866-442-2473 or contact your Financial Advisor.

Analyst Rating is the summary expression of Morningstar's forward-looking analysis of a fund. Morningstar analysts assign the ratings on a five-tier scale with three positive ratings of Gold, Silver, and Bronze, a Neutral rating, and a Negative rating. The Analyst Rating is based on the analyst's conviction in the fund's ability to outperform its peer group and/or relevant benchmark on a risk-adjusted basis over the long term. If a fund receives a positive rating of Gold, Silver, or Bronze, it means Morningstar analysts think highly of the fund and expect it to outperform over a full market cycle of at least five years. The Analyst Rating is not a market call, and it is not meant to replace investors' due-diligence process. It cannot assess whether a fund is the right fit for a particular portfolio and risk tolerance. Morningstar evaluates funds based on five key pillars--Process, Performance, People, Parent, and Price. Analysts assign a rating of Positive, Neutral, or Negative to each pillar. Analyst Rating Scale - Gold: Best-of-breed fund that distinguishes itself across the five pillars and has garnered the analysts' highest level of conviction. Silver: Fund with advantages that outweigh the disadvantages across the five pillars and with sufficient level of analyst conviction to warrant a positive rating. Bronze: Fund with notable advantages across several, but perhaps not all, of the five pillars. Analyst Ratings are reevaluated at least every 14 months.

Original source: http://www.rwbaird.com/news/Baird-Launches-Small-Mid-Cap-Growth-Fund