Baron Energy and Resources Fund (BENIX)
Objective & Strategy
The investment goal of Baron Energy and Resources Fund is capital appreciation.
The Fund invests broadly in energy, resources and related companies of all sizes with significant growth potential. Non-diversified.
Read Latest Fund Commentary Invest In Baron Funds TodayFund Description
Baron Energy and Resources Fund invests in securities of energy and resources companies and related companies of all sizes.
Fund Resources
Jamie Stone seeks long-term growth in energy and materials.
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Trends
Investment Process
Key Themes in Energy
Key Themes in Resources
Daily Price (NAV)
Prices for May 16 , 2012(BENIX)
| NAV | $8.90 |
|---|---|
| Daily Change ($) | -$0.10 |
| Daily Change (%) | -1.11% |
| MTD | -11.18% |
| YTD | -11.00% |
| 52-Week High | $10.84 |
| 52-Week Low | $8.90 |
Fund Facts
| Inception Date | December 30, 2011 |
|---|---|
| Net Assets^ | $2.30 miilion |
| CUSIP | 06828M850 |
| Expense Ratio* | 4.00% / 1.10% |
Risk/Reward Comparison
Ratings/Rankings
Morningstar Ratings
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Lipper Rankings
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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 and the Fund's 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 here.
The Fund invests 80% of its net assets in equity securities in the form of common stock of U.S. and non-U.S. energy and resources companies and related companies of any market capitalization. Energy industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels caused by events relating to international politics, energy conservation, the success of exploration projects, weather or meteorological events, and tax and other government regulations. Resources industries can be significantly affected by events relating to international political and economic developments, energy conservation, the success of exploration projects, commodity prices, weather or meteorological events, and tax and other government regulations. The Fund is non-diversified, which means the volatility of the Fund’s returns may increase and expose the Fund to greater risk of loss in any given period. The Fund invests in companies of all sizes, including small and medium sized companies whose securities may be thinly traded and more difficult to sell during market downturns. The Fund may not achieve its objectives.
^All share classes combined. As of most recent month end.
*As of fiscal year ended 12/31/2011, the estimated annual operating expense of the Fund's Institutional Shares is 4.00%. The net annual expense ratio for the Institutional Shares is 1.10% (net of the Adviser’s fee).
Top Ten Fund Holdings based on net assets. Portfolio holdings may change over time
Industry sector or sub-industry group levels are provided from the Global Industry Classification Standard ("GICS"), developed and exclusively owned by MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"), unless otherwise stated that they have been reclassified or classified by the Adviser. All GICS data is provided "as is" with no warranties.
Definitions (provided by Baron Capital, Inc.): The indexes are unmanaged. The Standard & Poor’s (S&P) North American Natural Resources Sector Index is a modified capitalization-weighted equity index of U.S.- traded natural resources-related stocks, including mining, energy, paper and forest products, and plantation owning companies. The S&P 500 Index measures the performance of larger cap equities in the stock market in general. The indexes and the Baron Energy and Resources Fund are with dividends, which positively impacts the performance results.