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This content is for informational and educational purposes only and not intended as investment advice or a recommendation to buy or sell any security. Investment advice and recommendations can be provided only after careful consideration of an investor’s objectives, guidelines, and restrictions.
William Blair Investment Management (“William Blair”) acts as a discretionary investment manager or non-discretionary model provider in a variety of separately managed account or wrap fee programs sponsored by financial intermediaries. When acting as a discretionary investment manager, William Blair is responsible for making and implementing all investment decisions in accounts. When acting as a non-discretionary model provider, William Blair provides investment recommendations (in the form of model portfolios) to financial intermediaries who may or may not, in their sole discretion, utilize such recommendations in connection with its management of accounts. William Blair does not have investment discretion for model portfolio accounts, and as such, performance or characteristics of these accounts may differ from the composite or representative account information presented. For additional information on the William Blair SMAs, please contact your financial advisor.
Investing involves risks, including the possible loss of principal. Equity securities may decline in value due to both real and perceived general market, economic, and industry conditions. The securities of smaller companies may be more volatile and less liquid than securities of larger companies. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks. These risks may be enhanced in emerging markets. Different investment styles may shift in and out of favor depending on market conditions. Individual securities may not perform as expected or a strategy used by the Adviser may fail to produce its intended result. Past performance is not indicative of future returns.
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