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Offshore Investors. Baron has three Funds for Non-U.S. Investors.

Investors should consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. The Baron Family of Funds is described in prospectuses, which contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus by clicking here
. Baron Capital, Inc. is the distributor of the Baron Funds.