Baron Asset Fund (BARAX)

Portfolio Management

AndrewPeck
Andrew Peck

Fund Manager since 2003

View All Commentary by Andrew

Fund Description

Baron Asset Fund invests primarily in mid-sized growth companies.

    

Portfolio Commentary

Retail Performance

Review and Outlook (for quarter ended 3/31/2014)

The Review and Outlook for period ending March 31, 2014 is not yet available

Top Contributors/Detractors to Performance

Contributors (for quarter ended 3/31/2014)
  • This Fund does not have contributors to performance for period ending March 31, 2014

Detractors (for quarter ended 3/31/2014)
  • Shares of ANSYS, Inc., the leading global provider of simulation software, fell in Q1 due to rekindled macroeconomic concerns, particularly in emerging markets. We believe ANSYS can sustainably grow revenue at low double digit rates in the current macro environment and can accelerate to mid-teens growth if macro conditions improve. Management is increasingly willing to deploy cash for share repurchases, which we view as a favorable indicator of long term demand.

Quarterly Attribution Analysis (for quarter ended 3/31/2014)

The Quarterly Attribution Analysis for period ending March 31, 2014 is not yet available

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Invest In Baron Funds Today

The prospective performance of the companies discussed herein is based on our internal analysis and reflect our opinions only. We cannot promise future returns and our opinions are a reflection of our best judgment at the time of publication. Our views are not intended as recommendations or investment advice to any person and are subject to change at any time based on market and other conditions and Baron has no obligation to update them. Investing in the stock market is always risky. Current and future portfolio holdings in the Baron Funds are subject to risk.