William Blair Emerging Markets Debt Fund Class I NMFQS:WEDIX

Under normal circumstances, the fund invests at least 80% of its net assets in debt instruments that are economically tied to emerging market countries, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It invests a significant portion of its assets in sovereign debt securities and debt securities of quasi-sovereign issuers. The fund may invest in securities of any maturity. It is non-diversified.