MILWAUKEE & BOULDER, Colo.--(BUSINESS WIRE)--Baird Funds announced today the launch of the Chautauqua Global Growth Fund (CCGIX/CCGSX) and the Chautauqua International Growth Fund (CCWIX/CCWSX) managed by Chautauqua Capital Management, a Division of Baird.
“We are taking an important step to expand our offerings with an international and a global fund managed by an experienced team with a focused approach and distinctive risk management disciplines,” said Reik Read, Managing Director.
Both Funds seek long-term capital appreciation by investing in a diversified portfolio of common stocks of international companies. The Global Fund will include US-based companies while the International Fund is focused on non US-based companies. To read the prospectus for both funds, click here .
Click here for a conversation with Brian Beitner, CFA, Director and Managing Partner of Chautauqua Capital Management about his approach to managing these funds.
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. All investments carry some level of risk including loss of principal. The fund invests in the stocks of international companies. These companies often are more volatile and can represent more risks than US-based companies. The Fund may have a relatively high percentage of assets in a particular country, region or sector of international markets—as well as in a small number of issuers. As a result, a decline in the value of an investment in a single region, sector or issuer could cause the Fund’s overall value to decline to a greater degree than if the Fund held a more diverse portfolio. Securities of foreign issuers and ADRs are subject to certain inherent risks, such as political or economic instability, difficulty predicting international trade patterns, currency exchange rates, lack of uniform accounting and financial reporting standards and the possibility of imposition of exchange controls. These risks are more pronounced in emerging market countries. Mid-cap stocks may perform differently from large-cap stocks, as mid-cap stocks may be less liquid and more volatile than large-cap stocks.