William Blair Small-Mid Cap Growth Fund;I

Frequently Asked Questions About WSMDX

What does WSMDX invest in?

The Fund seeks long-term capital appreciation. Under normal conditions, the Fund invests primarily in a diversified portfolio of equity securities, including common stocks and other forms of equity investments (e.g., securities convertible into common stocks), of small and medium capitalized domestic growth companies.

What is the expense ratio of WSMDX?

William Blair Small-Mid Cap Growth Fund;I (WSMDX) charges an expense ratio of 0.99%. This is the annual fee deducted from fund assets to cover management and operations.

How big is WSMDX?

William Blair Small-Mid Cap Growth Fund;I (WSMDX) is one share class of a fund that manages $1.17B across all of its share classes (WSMNX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is WSMDX actively managed or an index fund?

WSMDX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (WSMDX's is 0.99%) in exchange for the discretion to over- or under-weight positions.

When was WSMDX launched?

William Blair Small-Mid Cap Growth Fund;I (WSMDX) launched in December 2003 and is managed by the fund issuer.

How has WSMDX performed?

WSMDX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.