Baron Discovery Fund Retail Shares

Frequently Asked Questions About BDFFX

What does BDFFX invest in?

This diversified investment product targets long-term capital appreciation primarily through investments in common stocks of small, growth-oriented U.S. companies. The advisor endeavors to identify businesses that demonstrate significant opportunities for expansion, durable competitive advantages, outstanding management teams, and compelling valuations.

What is the expense ratio of BDFFX?

Baron Discovery Fund Retail Shares (BDFFX) charges an expense ratio of 1.33%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BDFFX?

Baron Discovery Fund Retail Shares (BDFFX) is one share class of a fund that manages $1.71B across all of its share classes (BDFIX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BDFFX actively managed or an index fund?

BDFFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BDFFX's is 1.33%) in exchange for the discretion to over- or under-weight positions.

When was BDFFX launched?

Baron Discovery Fund Retail Shares (BDFFX) launched in October 2013 and is managed by Baron.

How has BDFFX performed?

BDFFX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.