Baron Funds: Retail Mutual Funds

Fund Overview

Select a Fund name to view the complete Fund profile. Compare up to five Funds by selecting boxes next to the Fund names and clicking the “compare” button.

Important information about Fund performance

Performance As of 9/30/14

  Annualized Returns Since Inception  
  YTD 1 YR 3 YR 5 YR 10 YR Annualized Cumulative Expense Ratio *
Baron Asset Fund - R
Retail Shares  (BARAX)
Inception Date : June 12, 1987
Portfolio Manager : Andrew Peck
Category : Mid-Cap
Net Assets : $2.70 billion
No. of Equity Securities : 64/99.7%
2.67% 13.57% 21.65% 15.45% 9.58% 11.42% 1,816.00% 1.32%
Baron Discovery Fund - R
Retail Shares  (BDFFX)
Inception Date : September 30, 2013
Portfolio Manager : Randolph Gwirtzman
Category : Small-Cap
Net Assets : $65.33 million
No. of Equity Securities : 58/94.0%
0.09% 16.80% N/A N/A N/A 16.80% 16.80% 3.25% / 1.35%
Baron Emerging Markets Fund - R
Retail Shares  (BEXFX)
Inception Date : December 31, 2010
Portfolio Manager : Michael Kass
Category : International
Net Assets : $1.13 billion
No. of Equity Securities : 75/88.8%
3.21% 8.17% 13.29% N/A N/A 5.11% 20.56% 1.90% / 1.50%
Baron Energy and Resources Fund - R
Retail Shares  (BENFX)
Inception Date : December 30, 2011
Portfolio Manager : James H. Stone
Category : All-Cap
Net Assets : $70.02 million
No. of Equity Securities : 53/93.3%
10.22% 15.59% N/A N/A N/A 10.21% 30.67% 2.25% / 1.35%
Baron Fifth Avenue Growth Fund - R
Retail Shares  (BFTHX)
Inception Date : April 30, 2004
Portfolio Manager : Alex Umansky
Category : Large-Cap
Net Assets : $109.22 million
No. of Equity Securities : 34/97.2%
4.60% 16.71% 23.29% 14.43% 7.54% 7.11% 104.58% 1.47% / 1.30%
Baron Focused Growth Fund - R
Retail Shares  (BFGFX)
Inception Date : May 31, 1996
Portfolio Manager : Ron Baron
Category : Smid-Cap
Net Assets : $192.97 million
No. of Equity Securities : 29/99.0%
-2.06% 4.44% 17.56% 12.77% 10.35% 11.40% 623.92% 1.42% / 1.35%
Baron Global Advantage Fund - R
Retail Shares  (BGAFX)
Inception Date : April 30, 2012
Portfolio Manager : Alex Umansky
Category : International
Net Assets : $7.50 million
No. of Equity Securities : 40/93.1%
4.00% 17.29% N/A N/A N/A 15.11% 40.51% 5.51% / 1.50%
Baron Growth Fund - R
Retail Shares  (BGRFX)
Inception Date : December 31, 1994
Portfolio Manager : Ron Baron
Category : Small-Cap
Net Assets : $7.77 billion
No. of Equity Securities : 98/98.4%
-2.64% 5.11% 20.76% 15.83% 9.20% 13.49% 1,116.88% 1.30%
Baron International Growth Fund - R
Retail Shares  (BIGFX)
Inception Date : December 31, 2008
Portfolio Manager : Michael Kass
Category : International
Net Assets : $65.48 million
No. of Equity Securities : 73/97.0%
-1.85% 1.25% 13.10% 9.46% N/A 13.90% 111.39% 1.74% / 1.50%
Baron Opportunity Fund - R
Retail Shares  (BIOPX)
Inception Date : February 29, 2000
Portfolio Manager : Michael Lippert
Category : Mid-Cap
Net Assets : $440.56 million
No. of Equity Securities : 56/101.1%
-5.05% 2.87% 16.21% 13.67% 10.26% 4.94% 102.07% 1.37%
Baron Partners Fund - R
Retail Shares  (BPTRX)
Inception Date : January 31, 1992
Portfolio Manager : Ron Baron
Category : All-Cap
Net Assets : $1.81 billion
No. of Equity Securities : 26/122.8%
4.68% 15.27% 27.04% 18.56% 10.84% 13.11% 1,530.55% 1.67%
Baron Real Estate Fund - R
Retail Shares  (BREFX)
Inception Date : December 31, 2009
Portfolio Manager : Jeffrey Kolitch
Category : All-Cap
Net Assets : $1.49 billion
No. of Equity Securities : 50/97.2%
6.65% 16.84% 31.30% N/A N/A 20.90% 146.30% 1.35%
Baron Small Cap Fund - R
Retail Shares  (BSCFX)
Inception Date : September 30, 1997
Portfolio Manager : Cliff Greenberg
Category : Small-Cap
Net Assets : $5.25 billion
No. of Equity Securities : 96/98.7%
-3.19% 6.52% 20.90% 15.44% 9.47% 9.93% 400.26% 1.31%

Performance data quoted represents past performance. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate; an investor's shares, when redeemed, may be worth more or less than their original cost. The Adviser has reimbursed certain fund expenses for Baron Opportunity Fund, Baron Fifth Avenue Growth Fund, Baron Focused Growth Fund, Baron International Growth Fund, Baron Real Estate Fund and Baron Emerging Markets Funds and all Funds' transfer agency expenses may be reduced by expense offsets from an unaffiliated transfer agent, without which performance would have been lower. Current performance may be lower or higher than the performance data quoted above. For performance information current to the most recent month end, click on link above.

Performance for the Institutional Shares prior to 5/29/2009, is based on the performance of the Retail Shares, which have a distribution fee. The Institutional Shares do not have a distribution fee. If the annual returns prior to 5/29/2009, did not reflect this fee, the returns would be higher.