- What does BINIX invest in?
- This fund's primary objective is to achieve growth in capital. Operating as a diversified, long-term investment vehicle, it chiefly invests in the common stocks of growth-oriented companies located outside the United States. The strategy involves spreading investments across numerous developed and developing nations globally, though it limits its allocation to developing countries to a maximum of 35% of its net assets. For classification purposes, developing countries include those within the MSCI Emerging Markets (EM) Index, the MSCI Frontier Markets (FM) Index, or any other nation deemed developing by the Adviser's own criteria.
- What is the expense ratio of BINIX?
- Baron International Growth Fund Institutional Shares (BINIX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BINIX?
- Baron International Growth Fund Institutional Shares (BINIX) manages $319.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BINIX actively managed or an index fund?
- BINIX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BINIX's is 0.96%) because there's no security selection cost.
- When was BINIX launched?
- Baron International Growth Fund Institutional Shares (BINIX) launched in May 2009 and is managed by the fund issuer.
- How has BINIX performed?
- BINIX'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.
