Small Cap S

  • Baron Discovery Fund

    The Fund invests primarily in small-sized U.S. companies. It invests in a select number of high-growth businesses that tend to be in an early phase of their lifecycles. Diversified.

  • Baron Growth Fund

    The Fund invests in small-sized U.S. companies with significant growth potential. Diversified.

  • Baron Small Cap Fund

    The Fund invests for the long term, predominantly in high-quality small-sized U.S. companies that are market leaders with significant growth potential. Diversified.

Small-Mid Cap S-M

  • Baron Focused Growth Fund

    This is a focused Fund that invests mainly in small- and mid-sized U.S. companies with significant growth potential. A substantial percentage of the Fund's assets are in its top 10 holdings. Non-diversified.

Mid Cap M

  • Baron Asset Fund

    The Fund invests mainly in mid-sized U.S. companies that have matured beyond their start-up phase and have significant secular growth opportunities. Diversified.

Large Cap L

  • Baron Durable Advantage Fund

    The Fund invests mainly in large-sized U.S. companies with competitive advantages. The Fund emphasizes businesses with excess free cash flow that can be returned to shareholders. Diversified.

  • Baron Fifth Avenue Growth Fund

    The Fund invests mainly in large-sized U.S. companies with significant growth potential and competitive advantages. Diversified.

All Cap A

  • Baron Opportunity Fund

    The Fund invests primarily in high-growth businesses of any market capitalization benefiting from innovation through development of pioneering, transformative, or technologically advanced products and services. Diversified.

  • Baron Partners Fund

    This is a focused Fund that invests mainly in U.S. companies of any size with significant growth potential. A substantial percentage of the Fund's assets are in its top 10 holdings. It also uses leverage. Non-diversified.

International IN

  • Baron Emerging Markets Fund

    The Fund invests primarily in emerging market companies of all sizes with significant growth potential. The Fund may invest up to 20% in companies in developed and frontier countries. Diversified.

  • Baron Global Advantage Fund

    The Fund invests mainly in growth companies of all sizes located throughout the world. Diversified.

  • Baron International Growth Fund

    The Fund invests mainly in non-U.S. companies of any size with significant growth potential. The Fund invests principally in companies in developed countries. Diversified.

  • Baron New Asia Fund

    The Fund invests primarily in companies of all sizes with significant growth potential located in Asia. The Fund emphasizes securities in developing Asian markets, including frontier markets. Diversified.

Sector SCT

  • Baron FinTech Fund

    The Fund invests in companies of any market capitalization that develop or use innovative technologies related in a significant way to financial services. The Fund invests principally in U.S. securities but may invest up to 35% in non-U.S. securities. Non-diversified.

  • Baron Health Care Fund

    The Fund invests in companies engaged in the research, development, production, sale, delivery, or distribution of products and services related to the health care industry. The Fund may purchase securities of companies of any market capitalization. Non-diversified.

  • Baron Real Estate Fund

    The Fund invests broadly in real estate businesses with significant growth potential. It maintains exposure across different industries and all capitalization ranges. Diversified.

  • Baron Real Estate Income Fund

    The Fund invests primarily in income-producing real estate businesses of any size. It maintains significant exposure to REITs. Non-diversified.

  • Baron Technology Fund

    The Fund invests primarily in companies of any market capitalization that we believe have durable growth potential from the development, advancement, and/or use of technology. The Fund invests principally in U.S. securities but may invest up to 35% in non-U.S. securities. Non-diversified. 

Equity Allocation EA

  • Baron WealthBuilder Fund

    The Fund is an equity allocation strategy that invests exclusively in other Baron Funds. The Fund enables investors to obtain growth equity exposures across market caps, geographies, and sectors.