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Ron Baron and three company CEOs appeared on CNBC's Squawk Box during Baron Investment Conference on November 10, 2017.
Business Insider sat down with Baron Fifth Avenue Growth Fund Portfolio Manager Alex Umansky to discuss his unique, long-term investment approach and the Fund's strong year in 2017. Read the article, "Meet the unconventional portfolio manager who crushed Wall Street last year while barely watching the market," here.
Baron Discovery Fund was featured in The Wall Street Journal's April 2017 Mutual Fund Quarterly as the runner-up in the “Winner's Circle,” which identifies the U.S. stock fund that turned in the best performance over the preceding 12 months.
In the May 17th, 2018 issue of The Wall Street Journal, Randy Gwirtzman, co-portfolio manager of Baron Discovery Fund, offered his thoughts on the current investment environment as it relates to the rally in small cap stocks. You can read the full article, "Small Stocks Speed Past Large Caps," at www.wsj.com. (Subscription required to access).
In Morningstar's May 2018 issue of FundInvestor, Baron Small Cap Fund was highlighted among top-rated small-growth funds in the 'Tracking Morningstar Analyst Ratings' column. You can view the full issue at www.morningstar.com. (Subscription required for access).
The Morningstar Analyst Rating is not a credit or risk rating, but a subjective evaluation performed by the analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars (process, performance, people, parent and price). Morningstar’s analysts use this valuation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors and the weightings of each pillar may vary. The Analyst Rating reflects overall assessment and is overseen by Morningstar’s Analyst Rating Committee. The analyst rating scale is five-tiered, with three positive ratings (Gold, Silver, Bronze), a Neutral rating and a Negative rating, with Gold being the highest rating and Negative being the lowest rating. The Morningstar Analyst Ratings should not be used as the sole basis in evaluating a mutual fund and are based on Morningstar’s current expectations about future events. Morningstar does not represent ratings as a guarantee. Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar’s expectations not to occur or to differ significantly. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts’ highest level of conviction. A fund with a ‘Silver’ rating has notable advantages across several, but perhaps not all, of the five pillars that give the analysts a high level of conviction. A “Bronze”-rated fund has advantages that outweigh the disadvantages across the five pillars, with sufficient level of analyst conviction to warrant a positive rating. A fund with a ‘Neutral’ rating isn’t seriously flawed across the five pillars, nor does it distinguish itself very positively. A “Negative” rated fund is flawed in at least one if not more pillars and is considered an inferior offering to its peers. Analyst Ratings are reevaluated at least every 14 months.
Baron Capital Inc., bears no responsibility for the external website provided and makes no warranties, either express or implied, concerning the content of such site or any information, products or services linked to the website.
Baron is pleased to announce the introduction of Baron Health Care Fund, the latest addition to our range of investment vehicles designed to meet our clients’ needs.
We are pleased to announce that David Kirshenbaum has been appointed to the position of Assistant Portfolio Manager for Baron Real Estate Income Fund. David joined Baron in 2010 to support our real estate research efforts. Among his many responsibilities, David has had a leading role in REIT research and investments. He will continue to conduct equity research in his expanded role.
For more information, please contact us.
In the May issue of Kiplinger's Personal Finance, Baron Emerging Markets Fund was included in the 'Kiplinger 25,' an annual selection of the magazine's "favorite actively-managed no-load funds." The Fund was added with a 10% allocation to the magazine's recommended model portfolio for retirement investors. You can view the model portfolio at www.kiplinger.com.
The information contained in this document is distributed for informational purposes only and should not be considered investment advice or recommendations of any security or Fund. Baron Capital does not guarantee its accuracy, completeness or fairness.
MarketWatch interviewed Mike Lippert regarding his thoughts on the future as it relates to Baron Opportunity Fund. Lippert discussed his investment process and his preference for disruptors with fast revenue growth, as well as five companies among his top holdings that he thinks are particularly attractive in today's investment landscape. You can read the article at www.marketwatch.com.
In its March 17 Fund of Information column, Barron's quoted Baron Opportunity Fund Portfolio Manager Mike Lippert, who discussed the future of energy and the implications of today's winner-take-all technology landscape for growth investors. The article highlighted Baron Opportunity Fund's strong five-year performance, as well as the attractive average trailing 12-month price/earnings ratio of the Fund's holdings. You can view the column at www.barrons.com (Subscription required for access).
The 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 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. For performance information current to the most recent month end, visit www.BaronFunds.com or call 1-800-99BARON.
Baron Opportunity Fund’s annualized returns for the Institutional Shares as of December 31, 2017: 1-year, 40.88%; 5-year, 13.15%; 10-year, 8.14%; Since Inception (4/30/2004), 6.15%. Annual expense ratio for the Retail Shares and Institutional Shares as of September 30, 2017 was 1.41% and 1.14%, respectively.
Financial Planning highlighted Baron Fifth Avenue Growth Fund as one of the top 20 best performing mutual funds with at least $100 million in assets over the last three years. You can view the slideshow at www.financialplanning.com.
As of 8/31/2017, Morningstar calculates its category averages using its Fractional Weighting methodology. Morningstar rankings are based on total returns and do not include sales charges. Total returns do account for management, administrative, and 12b-1 fees and other costs automatically deducted from fund assets.
As of 12/31/2017, the Morningstar US Fund Large Growth Category consisted of 1,363, 1,109, 787 and 604 share classes for the 1-, 5-, 10-year and since inception (4/30/2004) periods. Morningstar ranked Baron Fifth Avenue Growth Fund in the 2nd, 24th, 44th and 53rd percentiles, respectively, in the category.