A World Full of Opportunities
Allocating to International Equities
1Source: eVestment.
2Sources: Bloomberg and eVestment; monthly 5-year rolling returns. U.S. outperformance represented by S&P 500 Index; International outperformance represented by MSCI World ex-U.S. Index.
3Source: Bloomberg; U.S. is S&P 500 Index, ACWI ex-U.S. is MSCI ACWI ex-U.S. Index, International Developed is MSCI World ex-U.S. Index and Emerging Markets is MSCI Emerging Markets Index.
4Source: International Monetary Fund, World Economic Outlook, July 2023.
5Sources: FactSet, eVestment. U.S. Dollar value determined by the ICE U.S. Dollar Index - Price. Calendar years outperformance and percentage outperformance (cumulative) calculated using MSCI ACWI ex-U.S. Index versus S&P 500 Index.
6Sources: FactSet, eVestment. Top performing 50 stocks based on companies in the MSCI All Country World Index.
7Source: APX.
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 or summary prospectus. A prospectus or summary prospectus may be obtained by visiting bairdfunds.com. Please read the prospectus or summary prospectus carefully before investing.
The Fund may hold fewer securities than other diversified funds, which increases the risk and volatility because each investment has a greater effect on the overall performance. Foreign investments involve additional risks such as currency rate fluctuations and the potential for political and economic instability, and different and sometimes less strict financial reporting standards and regulations.
The S&P 500® Total Return Index is an unmanaged, market capitalization-weighted index of 500 common stocks widely regarded to be representative of the U.S. market in general. Returns include reinvestment of dividends. The MSCI World ex-U.S. Index® is a free float-adjusted market capitalization-weighted index that is designed to capture large- and mid-cap representation across 23 developed market countries excluding the United States. The MSCI ACWI ex-U.S. Index® is a free float-adjusted market capitalization-weighted index that is designed to capture large- and mid-cap stocks across 22 of 23 developed markets countries, excluding the United States, and 24 emerging markets countries. The MSCI Emerging Market Index® is a free float-adjusted market capitalization-weighted index that is designed to capture large- and mid-cap stocks across 24 emerging markets countries. Indices are unmanaged and direct investment is not possible.
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