William Blair Small-Mid Cap Value Fund

Class Inst (WSMIX)

Fund Fees

Updated 05.01.2014

Maximum Sales Fees %
Initial
Deferred

Updated 05.01.2014

Maximum Fees %
Administrative
Management 1.0
Redemption 1.0

Updated 05.01.2014

Actual Fees %
12b-1
Management 1.0
Net Expense Ratio: Annual Report 1.15
Net Expense Ratio: Prospectus 1.15

Updated 07.03.2014

Total Cost Projections
3-Year $1,005.00
5-Year $1,905.00
10-Year $4,218.00

Purchase Information

Updated 05.01.2014

Minimum Investments
Initial $500,000.00
Additional
Initial IRA $500,000.00
Additional IRA
Initial AIP $5,000.00
Additional AIP $250.00