Baron Fifth Avenue Growth Fund

Frequently Asked Questions About BFTIX

What does BFTIX invest in?

This fund primarily allocates its capital to common shares of large, expanding companies based in the United States. The advisor's strategy involves identifying businesses that are believed to possess substantial prospects for growth, enduring competitive advantages, superior management teams, and compelling valuations.

What is the expense ratio of BFTIX?

Baron Fifth Avenue Growth Fund (BFTIX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BFTIX?

Baron Fifth Avenue Growth Fund (BFTIX) is one share class of a fund that manages $846.2M across all of its share classes (BFTHX 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 BFTIX actively managed or an index fund?

BFTIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BFTIX's is 0.75%) in exchange for the discretion to over- or under-weight positions.

When was BFTIX launched?

Baron Fifth Avenue Growth Fund (BFTIX) launched in May 2009 and is managed by Baron.

How has BFTIX performed?

BFTIX'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.