Loading…
Loading…
NEW YORK--(BUSINESS WIRE)--The 29th Annual Baron Investment Conference today featured a live interview of Tesla (NASDAQ: TSLA) CEO Elon Musk by Baron Capital Group Chairman and CEO Ron Baron, and presentations by Joel S. Marcus, Executive Chairman and Founder of Alexandria Real Estate Equities, Inc. (NYSE: ARE) and Alexandria Venture Investments; Ajei Gopal, President and Chief Executive Officer of ANSYS, Inc. (NASDAQ: ANSS); and Kirsten Lynch, Chief Executive Officer of Vail Resorts, Inc. (NYSE: MTN). Over 4000 Baron Funds' shareholders attended this year's conference, the first since 2019, which took place on the stage at the Metropolitan Opera House at Lincoln Center in New York City. "Our objective for this conference is to introduce our shareholders to the leadership of Baron Funds' portfolio companies. We are all investing in the vision of those leaders, and their ability to execute on those visions," said Mr. Baron. "We are grateful to our shareholders for taking their time to assess those leaders with us, and to hear from Baron leadership on how we are positioning in today's markets." Shareholders of the 19 Baron Funds were invited to the all-day conference, which included presentations from leaders of businesses in which the funds have invested and sessions with Baron Funds' portfolio managers. Baron Capital Group, at its own expense, presents the event to Baron Funds shareholders in recognition for their support and provides entertainment in appreciation. This year's surprise performer was pop star Bruno Mars, following performances earlier in the day by comedian John Mulaney, country singer Miranda Lambert, and the cast of Broadway’s MJ. CNBC's "Squawk Box" show was broadcast live from the conference, featuring interviews with Ron Baron, Matthew Desch (CEO of Iridium), Mark Hoplamazian (President & CEO of Hyatt), and Kirsten Lynch (CEO of Vail). Afternoon sessions featured presentations by Baron executives on the Baron investment philosophy, approach and process. Mr. Baron also gave the keynote address, followed by a Q&A with conference attendees. "At Baron, we exhaustively research the companies we invest in for long term growth. We've held some of our investments for 25-30 years, and encourage investors to think in the long term as well," said Mr. Baron. "We're delighted to treat shareholders to first-class entertainment, but for everyone on the Baron investment team, interacting with Baron funds' shareholders is the most important thing we do at the conference. We look forward to seeing everyone back next year for the 30th annual conference." The Baron Funds' investment team includes Ron Baron, portfolio manager of Baron Growth Fund, Baron Partners Fund, Baron Focused Growth Fund, and Baron Wealth Builder Fund; Michael Baron, co-portfolio manager of Baron Partners Fund and Baron WealthBuilder Fund; David Baron, co-portfolio manager of Baron Focused Growth Fund; Cliff Greenberg, portfolio manager of Baron Small Cap Fund; Alex Umansky, portfolio manager of Baron Fifth Avenue Growth Fund, Baron Global Advantage Fund, and Baron Durable Advantage Fund; Mike Lippert, portfolio manager of Baron Opportunity Fund and co-portfolio manager of Baron Technology Fund; Andrew Peck, portfolio manager of Baron Asset Fund; Michael Kass, portfolio manager of Baron International Growth Fund, Baron Emerging Markets Fund and co-portfolio manager of Baron New Asia Fund; Jeff Kolitch, portfolio manager of Baron Real Estate Fund and Baron Real Estate Income Fund, Laird Bieger and Randy Gwirtzman, portfolio managers of Baron Discovery Fund, Neal Kaufman, portfolio manager of Baron Health Care Fund, Josh Saltman, portfolio manager of Baron FinTech Fund; Anuj Aggarwal, co-portfolio manager of Baron New Asia Fund, and Ashim Mehra, co-portfolio manager of Baron Technology Fund. Amy Chasen is director of research of Baron Capital; Linda Martinson is co-founder and president of Baron Capital. About Baron Funds and Baron Capital Group Baron Funds include 19 no-load mutual funds: Baron Asset Fund (BARAX; BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), Baron Health Care Fund (BHCFX, BHCHX), Baron Real Estate Income Fund (BRIFX, BRIIX), Baron Wealth Builder Fund (BWBFX, BWBIX), Baron Durable Advantage Fund (BDAFX, BDAIX), Baron New Asia Fund (BNAFX, BNAIX), Baron FinTech Fund (BFINX, BNAIX), and Baron Technology Fund (BTEEK, BTECX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, Inc., a unit of Baron Capital Group. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.baronfunds.com/. Or call 800-99-BARON to receive a prospectus in the mail. Risks: All investments are subject to risk and may lose value. Portfolio holdings as a percentage of net assets as of September 30, 2022 for securities mentioned are as follows: Tesla, Inc. – Baron Opportunity Fund (5.1%), Baron Partners Fund (45.5%*), Baron Fifth Avenue Growth Fund (5.4%), Baron Focused Growth Fund (22.3%), Baron Global Advantage Fund (3.3%), Baron Technology Fund (3.4%); Alexandria Real Estate Equities, Inc. – Baron Asset Fund (0.6%), Baron Growth Fund (1.7%), Baron Partners Fund (3.2%*), Baron Focused Growth Fund (4.4%), Baron Real Estate Fund (2.8%), Baron Real Estate Income Fund (1.5%); ANSYS, Inc. – Baron Asset Fund (3.2%), Baron Growth Fund (3.5%); Vail Resorts, Inc. – Baron Asset Fund (3.3%), Baron Growth Fund (6.9%), Baron Real Estate Fund (1.2%), Baron Real Estate Income Fund (2.2%); Baron Health Care Fund (0.8%). * % of Long Positions Portfolio holdings may change over time. BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).
NEW YORK--(BUSINESS WIRE)--Baron Capital, an asset management firm focused on delivering alpha in growth equity investment solutions, is pleased to announce that Baron Partners Fund (BPTRX) was named the top fund in three different categories in Investor’s Business Daily’s (IBD) Best Mutual Funds 2022 Awards. Baron Partners Fund was recognized as the number one fund in the Best U.S. Diversified Mutual Funds category, Best Growth Stock Funds category and Best Large Cap Funds category. Baron Partners Fund (BPTRX) had a 10-year average total return of 27.89% as of December 31, 2021. “At Baron Capital, we are focused on finding competitively advantaged growth companies led by exceptional management teams, and investing in them for the long term,” said Linda Martinson, President of Baron Capital. “These IBD awards demonstrate the efficacy of our approach, and it is incredibly rewarding to see Baron Partners Fund recognized in three different categories, including ‘Best U.S. Diversified Mutual Funds.’” According to IBD, each award-winning fund has exceeded its benchmark for the past one, three, five and 10 years demonstrating its outperformance in recent market conditions as well as over the longer term. Among funds that are at least 10 years old, only 18% achieved this status. Baron Partners Fund, managed by CEO Ron Baron and Michael Baron, is a focused fund that invests primarily in U.S. companies across capitalizations and sectors. All investments meet a stringent set of criteria to identify exceptional, long-term growth opportunities with durable competitive advantages. The fund is a highly concentrated portfolio with a bias towards mid-cap companies. About Baron Funds and Baron Capital Group Founded in 1982, Baron Capital is known for its long-term, fundamental, active approach to growth investing. Baron Capital was founded as an equity research firm, and independent research has remained at the core of its business. Baron Funds include 19 mutual funds: Small Cap Baron Discovery Fund (BDFFX, BDFIX) Baron Growth Fund (BGRFX, BGRIX) Baron Small Cap Fund (BSCFX, BSFIX) Small-Mid Cap Baron Focused Growth Fund (BFGFX, BFGIX) Mid Cap Baron Asset Fund (BARAX; BARIX) Large Cap Baron Durable Advantage Fund (BDAFX, BDAIX) Baron Fifth Avenue Growth Fund (BFTHX, BFTIX) All Cap Baron Opportunity Fund (BIOPX, BIOIX) Baron Partners Fund (BPTRX, BPTIX) International Baron Emerging Markets Fund (BEXFX, BEXIX) Baron Global Advantage Fund (BGAFX, BGAIX) Baron International Growth Fund (BIGFX, BINIX) Baron New Asia Fund (BNAFX, BNAIX) Sector Baron FinTech Fund (BFINX, BFIIX) Baron Health Care Fund (BHCFX, BHCHX) Baron Real Estate Fund (BREFX, BREIX) Baron Real Estate Income Fund (BRIFX, BRIIX) Baron Technology Fund (BTEEX, BTECX) Equity Allocation Baron WealthBuilder Fund (BWBFX, BWBIX) Other share classes are available. More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The adviser to Baron Funds is BAMCO, Inc., a subsidiary of Baron Capital Group, Inc. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com/prospectus. Or call 800-99-BARON to receive a prospectus in the mail. Baron Capital, Inc., is the distributor of the Baron Funds. Performance shown as-of December 31, 2021 1 Year 3 Years 5 Years 10 Years Since Inception (1/31/1992) BPTRX - Baron Partners Fund 31.39% 67.92% 43.58% 27.89% 16.87% Annual expense ratio for the Retail Shares as of December 31, 2020 was 1.56% (comprised of operating expenses of 1.31% and interest expense of 0.25%). The performance data quoted represents past performance. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate; an investor's shares, when redeemed, may be worth more or less than their original cost. The Adviser reimburses certain Baron Fund expenses pursuant to a contract expiring on August 29, 2032, unless renewed for another 11-year term and the Fund's transfer agency expenses may be reduced by expense offsets from an unaffiliated transfer agent, without which performance would have been lower. Current performance may be lower or higher than the performance data quoted. For performance information current to the most recent month end, visit www.BaronFunds.com or call 1-800-99BARON. Performance for Baron Partners Fund reflects the actual fees and expenses that were charged when the Fund was a partnership. The predecessor partnership charged a 20% performance fee after reaching a certain performance benchmark. If the annual returns for the Fund did not reflect the performance fees the returns would be higher. The Fund’s shareholders will not be charged a performance fee. The predecessor partnership’s performance is only for periods before the Fund’s registration statement was effective, which was April 30, 2003. During those periods, the predecessor partnership was not registered under the Investment Company Act of 1940 and was not subject to its requirements or the requirements of the Internal Revenue Code relating to registered investment companies, which, if it were, might have adversely affected its performance. Performance for the Institutional Shares prior to 5/29/2009 is based on the performance of the Retail Shares, which have a distribution fee. The Institutional Shares do not have a distribution fee. If the annual returns for the Institutional Shares prior to 5/29/2009 did not reflect this fee, the returns would be higher. Risks: All investments are subject to risk and may lose value. Baron Partners Fund is non-diversified which means, in addition to increased volatility of the Fund’s returns, it will likely have a greater percentage of its assets in a single issuer or a small number of issuers, including in a particular industry than a diversified fund. Single issuer risk is the possibility that factors specific to an issuer to which the Fund is exposed will affect the market prices of the issuer’s securities and therefore the net asset value of the Fund. As of the date of the latest prospectus supplement, about 40% of the Fund’s assets are invested in Tesla stock. Therefore, the Fund is exposed to the risk that were Tesla stock to lose significant value, which could happen rapidly, the Fund’s performance would be adversely affected. Specific risks associated with leverage include increased volatility of the Fund’s returns and exposure of the Fund to greater risk of loss in any given period. BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA). About IBD Best Mutual Funds 2022 Awards IBD compared the performance of 3,673 funds that have been around for at least 10 years and found that 677 beat their benchmark index in those four periods. Funds in 11 categories qualified, including growth stock mutual funds, small-cap funds, bond funds and index funds. No value funds met the performance criteria. Each award-winning fund has beat its benchmark — the S&P 500 for stock funds — for the past one, three, five and 10 years, showing it outperformed in recent market conditions as well as over the longer term. Among funds at least 10 years old, that's a feat only 18% of funds achieved. The overview list shows the top five winners in each category based on their 10-year average annual returns. All returns are as of December 31, 2021
NEW YORK--(BUSINESS WIRE)--Baron Capital is pleased to announce that Investor’s Business Daily’s (IBD) 2021 Best Mutual Funds Awards has ranked the Baron Partners Fund (BPTRX, BPTIX) as the top fund among its list of Best U.S. Diversified Mutual Funds for 2020. The Fund is managed by Ron Baron and Michael Baron. The Baron Real Estate Fund, managed by Jeffrey A. Kolitch, was ranked fifth in Best Sector Funds. IBD’s 2021 Best Mutual Funds Awards recognize funds that have beaten the broad market and beaten their benchmarks over the 1-, 3-, 5- and 10-year periods ended 31 December 2020. IBD evaluated 3,368 mutual funds that have operated for at least 10 years. All 10 Baron Funds with at least a 10-year record were recognized for their investment performance by IBD: Baron Partners Fund (BPTRX, BPTIX) Baron Asset Fund (BARAX; BARIX) Baron Growth Fund (BGRFX; BGRIX) Baron Small Cap Fund (BSCFX; BSFIX) Baron Opportunity Fund (BIOPX; BIOIX) Baron Fifth Avenue Growth Fund (BFTHX; BFTIX) Baron Focused Growth Fund (BFGFX; BFGIX) Baron International Growth Fund (BIGFX; BINIX) Baron Emerging Markets Fund (BEXFX; BEXIX) Baron Real Estate Fund (BREFX; BREIX) “We are delighted to have been recognized by IBD for our long-term investment performance across multiple funds,” said Linda Martinson, president of Baron Capital. “We are particularly proud that all 10 of our mutual funds with at least a 10-year record were recognized. Baron portfolio managers are focused investors who are dedicated to finding great, innovative companies led by visionary CEOs and holding those companies for many years. These IBD Awards reflect our team’s discipline and dedication to our unique and long-term process.” About Baron Funds and Baron Capital Group Baron Capital is an asset management firm focused on delivering growth equity investment solutions. Founded in 1982, Baron has become known for its long-term, fundamental, active approach to growth investing. Baron was founded as an equity research firm, and research has remained at the core of its business. Baron Funds include 17 no-load mutual funds: Baron Asset Fund (Retail Shares: BARAX; Institutional Shares: BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), Baron Real Estate Income Fund (BRIIX), Baron Health Care Fund (BHCHX), Baron Energy and Resources Fund (BENFX; BENIX), Baron FinTech Fund (BFIIX) and Baron WealthBuilder Fund (BWBIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The adviser to Baron Funds is BAMCO, Inc., a subsidiary of Baron Capital Group, Inc. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com/prospectus. Or call 800-99-BARON to receive a prospectus in the mail. Baron Capital, Inc., is the distributor of the Baron Funds. Risks: All investments are subject to risk and may lose value. BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a limited purpose broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).
NEW YORK--(BUSINESS WIRE)--The 28th Annual Baron Investment Conference drew over 5,000 Baron Funds' shareholders today at the Metropolitan Opera House at Lincoln Center in New York City. Baron Capital Group, at its own expense, presents the event to Baron Funds shareholders in recognition for their support of the Baron investment team and process, and provides entertainment in appreciation. This year's surprise performer was Fleetwood Mac, following performances earlier in the day by Mariah Carey, Steve Carell and Stephen Colbert, and ballet dancer Misty Copeland. Shareholders of the 16 Baron Funds were invited to the all-day conference, which included presentations from four CEOs of businesses in which the funds have invested and concurrent Q&A sessions with Baron Funds' portfolio managers. Presenting at the conference this year were: * Robyn Denholm, Chairman, Tesla, Inc. * Rachel R. Stern, Head of Strategic Resources and General Counsel, FactSet Research Systems, Inc. * Bruce Flatt, Chief Executive Officer, Brookfield Asset Management * Gwynne Shotwell, President and Chief Operating Officer, SpaceX CNBC's "Squawk Box" broadcast live from the conference, featuring interviews with Baron Capital Group Chairman and CEO Ron Baron, Ms. Denholm, Mr. Flatt, and Henry Fernandez, Chairman and Chief Executive Officer of MSCI. The afternoon session kicked off with a panel discussion by Baron Funds' portfolio managers, and was followed by remarks from Baron Capital Group President Linda Martinson. Mr. Baron also gave a presentation, followed by a Q&A with conference attendees. "At Baron, we exhaustively research the companies we invest in for long term growth. We've held some of our investments for 25-30 years. And we think mutual fund investors need to think in those terms as well," said Mr. Baron. "Investors get great long-term results by patiently staying invested in the market and investing in dynamic growth companies--that's what we do at Baron. For 28 years, Baron Funds shareholders have attended our conference to hear directly from CEOs of the companies in which we invest, as well as Baron Fund managers, so shareholders can get a feel for what we do. We're delighted to treat shareholders to first-class entertainment, but for everyone on the Baron investment team, interacting with Baron funds' shareholders is the most important thing we do at the conference. We look forward to seeing everyone back next year for the 29th annual conference." The Baron Funds' investment team includes Ron Baron, portfolio manager of Baron Growth Fund, Baron Partners Fund, Baron Focused Growth Fund, and Baron Wealth Builder Fund; Cliff Greenberg, portfolio manager of Baron Small Cap Fund; Alex Umansky, portfolio manager of Baron Fifth Avenue Growth Fund, Baron Global Advantage Fund, and Baron Durable Advantage Fund; Mike Lippert, portfolio manager of Baron Opportunity Fund; Andrew Peck, portfolio manager of Baron Asset Fund; Michael Kass, portfolio manager of Baron International Growth Fund and Baron Emerging Markets Fund; Jeff Kolitch, portfolio manager of Baron Real Estate Fund and Baron Real Estate Income Fund, Laird Bieger and Randy Gwirtzman, portfolio managers of Baron Discovery Fund, Neal Kaufman, portfolio manager of Baron Health Care Fund. Linda Martinson is a 30-year Baron veteran and serves as the firm's president. About Baron Funds and Baron Capital Group Baron Funds include 16 no-load mutual funds: Baron Asset Fund (BARAX; BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), Baron Health Care Fund (BHCFX, BHCHX), Baron Real Estate Income Fund (BRIFX, BRIIX), Baron Wealth Builder Fund (BWBFX, BWBIX), and Baron Durable Advantage Fund (BDAFX, BDAIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, Inc., a unit of Baron Capital Group. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com/prospectus. Or call 800-99 -BARON to receive a prospectus in the mail. Risks: All investments are subject to risk and may lose value. Portfolio holdings as a percentage of net assets as of September 30, 2019 for securities mentioned are as follows: Tesla, Inc. – Baron Opportunity Fund (2.8%), Baron Partners Fund (8.7%*), Baron Focused Growth Fund (9.6%); FactSet Research Systems, Inc. – Baron Asset Fund (2.2%), Baron Growth Fund (4.5%), Baron Partners Fund (6.1%*), Baron Focused Growth Fund (8.0%); Brookfield Asset Management, Inc. – Baron Partners Fund (1.2%*), Baron Real Estate Fund (4.2%); Space Exploration Technologies Corp. – Baron Partners Fund (4.9%*), Baron Focused Growth Fund (5.2%). *% of Long Positions. Portfolio holdings may change over time. BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).
NEW YORK--(BUSINESS WIRE)--The 27th Annual Baron Investment Conference drew over 5,000 Baron Funds' shareholders today at the Metropolitan Opera House at Lincoln Center in New York City. Shareholders of the 17 Baron Funds were invited to the all-day conference, which included presentations from four CEOs of businesses in which the funds have invested (see below) and concurrent Q&A sessions Baron Funds' portfolio managers. The afternoon session kicked off with a panel discussion by Baron Funds' portfolio managers, and was followed by remarks from Baron Capital Group President Linda Martinson. Baron Capital Group Chairman and CEO Ron Baron the gave a presentation, followed by a Q&A with conference attendees. Baron Capital Group, at its own expense, presents the event to Baron Funds shareholders in recognition for their support of the Baron investment team and process, and provides entertainment in appreciation. This year's surprise performer was Billy Crystal, following performances earlier in the day by the legendary Mel Brooks, as well as 'Women of Comedy': Tina Fey, Amy Poehler, Kate McKinnon and Men of Comedy: Seth Meyers, Michael Che, Keenan Thompson, Darrell Hammond. "At Baron, we exhaustively research the companies we invest in for long term growth--and we mean long term: we've held some of our investments for 25-30 years. We want Baron fund investors to better understand the funds they're investing in," said Mr. Baron. "For 27 years Baron Funds shareholders have attended this conference to hear directly from Baron fund managers and CEOs of the companies in which we invest, so our shareholders can get a taste of what we do. We're delighted to treat shareholders to first-class entertainment, but for me, interacting with Baron funds' shareholders is the real highlight. We look forward to seeing everyone back next year for the 28th annual conference." Presenting at the conference this year were: Chip Paucek, CEO and Co-Founder, 2U, Inc. Matthew J. Desch, CEO and Director, Iridium Communications Inc. Patrick Pacious, President and CEO, Choice Hotels International, Inc. Ken Moelis, Chairman & Chief Executive Officer, Moelis & Company The Baron Funds' investment team includes Ron Baron, portfolio manager of Baron Growth Fund, Baron Partners Fund, Baron Focused Growth Fund, and Baron Wealth Builder Fund; Cliff Greenberg, portfolio manager of Baron Small Cap Fund; Alex Umansky, portfolio manager of Baron Fifth Avenue Growth Fund, Baron Global Advantage Fund, and Baron Durable Advantage Fund; Mike Lippert, portfolio manager of Baron Opportunity Fund; Andrew Peck, portfolio manager of Baron Asset Fund; Michael Kass, portfolio manager of Baron International Growth Fund and Baron Emerging Markets Fund; Jeff Kolitch, portfolio manager of Baron Real Estate Fund and Baron Real Estate Income Fund, James Stone, portfolio manager of Baron Energy and Resources Fund, Laird Bieger and Randy Gwirtzman, portfolio managers of Baron Discovery Fund, Neal Kaufman, portfolio manager of Baron Health Care Fund, . Linda Martinson is a 30-year Baron veteran and serves as the firm's president. About Baron Funds and Baron Capital Group Baron Funds include 17 no-load mutual funds: Baron Asset Fund (BARAX; BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), Baron Energy and Resources Fund (BENFX; BENIX), Baron Health Care Fund (BHCFX, BHCHX), Baron Real Estate Income Fund (BRIFX, BRIIX), Baron Wealth Builder Fund (BWBFX, BWBIX), and Baron Durable Advantage Fund (BDAFX, BDAIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, Inc., a unit of Baron Capital Group. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com. Or call 800-99 -BARON to receive a prospectus in the mail. Baron Capital, Inc. is the distributor of the Baron Funds.
NEW YORK--(BUSINESS WIRE)--The 26th Annual Baron Investment Conference drew over 5,000 Baron Funds' shareholders today at the Metropolitan Opera House at Lincoln Center in New York City. Shareholders of the 13 Baron Funds were invited to the all-day conference, which included presentations from four CEOs of businesses in which the funds have invested (see below) and concurrent Q&A sessions with Baron Funds' portfolio managers. The afternoon session kicked off with a panel discussion by Baron Funds' portfolio managers, and was followed by remarks from Baron Capital Group President Linda Martinson. Chairman and CEO Ron Baron then gave a presentation, followed by a Q&A with conference attendees. Baron Capital Group, at its own expense, presents the event to Baron Funds shareholders in recognition for their support of the Baron investment team and process, and provides entertainment in appreciation. This year's surprise entertainers were Tim McGraw and Faith Hill, following performances earlier in the day by Chris Rock, Idina Menzel and Diana Krall. "We want Baron fund investors to better understand the funds they're investing in," said Mr. Baron. "For 26 years Baron Funds shareholders have attended this conference to hear directly from Baron fund managers and CEOs of the companies in which we invest. We're delighted to treat shareholders to a day of education and first-class entertainment, but for me, interacting with our shareholders is the real highlight. We look forward to seeing our shareholders back next year for the 27th annual conference." Presenting at the conference this year were: * Walt Bettinger, President and CEO, The Charles Schwab Corp. (SCHW) * Mark Hoplamazian, CEO, Hyatt Hotels (H) * Marcus Ryu, CEO and President, Guidewire Software (GWRE) * Rob Katz, CEO, Vail Resorts (MTN) The Baron Funds' investment team includes Ron Baron, portfolio manager of Baron Growth Fund, Baron Partners Fund and Baron Focused Growth Fund; Cliff Greenberg, portfolio manager of Baron Small Cap Fund; Alex Umansky, portfolio manager of Baron Fifth Avenue Growth Fund and Baron Global Advantage Fund; Mike Lippert, portfolio manager of Baron Opportunity Fund; Andrew Peck, portfolio manager of Baron Asset Fund; Michael Kass, portfolio manager of Baron International Growth Fund and Baron Emerging Markets Fund; Jeff Kolitch, portfolio manager of Baron Real Estate Fund, James Stone, portfolio manager of Baron Energy and Resources Fund, and Laird Bieger and Randy Gwirtzman, portfolio managers of Baron Discovery Fund. Linda Martinson is a 30-year Baron veteran and serves as the firm's president. About Baron Funds and Baron Capital Group Baron Funds include 13 no-load mutual funds: Baron Asset Fund (BARAX; BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), and Baron Energy and Resources Fund (BENFX; BENIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, Inc., a unit of Baron Capital Group. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com/prospectus. Or call 800-99 -BARON to receive a prospectus in the mail. Baron Capital, Inc. is the distributor of the Baron Funds.
NEW YORK--(BUSINESS WIRE)--The 25th Annual Baron Investment Conference drew over 5,000 Baron Funds' shareholders today at the Metropolitan Opera House at Lincoln Center in New York City. Shareholders of the 13 Baron Funds were invited to the all-day conference, which included presentations from four CEOs of businesses in which the funds have invested (see below). Those presentations were followed by remarks from Baron Capital Group President Linda Martinson. Amy Chasen, director of research at Baron, then moderated a panel of Baron fund managers. The presentations were concluded with remarks from Baron Capital Group Chairman and CEO Ron Baron. Baron Capital Group, at its own expense, presents the event to Baron Funds shareholders in recognition for their support of the Baron investment team and process, and provides entertainment in appreciation. This year's surprise performer was Hugh Jackman, following performances earlier in the day by Louis CK, members of the cast of Hamilton, and Kenny Loggins. "Baron fund investors want to understand firsthand what they're investing in," said Mr. Baron. "For 25 years Baron Funds shareholders have attended this conference so they can better understand our investment process and hear directly from not only Baron fund managers, but also the leadership of the companies in which we invest. One of the highlights for me every year is interacting with our shareholders at the conference, and today was no different. And we look forward to seeing our shareholders back next year for the 26th anniversary." Presenting at the conference this year were: * Jordan Kaplan, President and CEO, Douglas Emmett, Inc. (DEI) * Chuck Kummeth, President and CEO, Bio-Techne Corporation (TECH) * David Lissy, CEO, Bright Horizons Family Solutions, Inc. (BFAM) * Jonathan Ayers, Chairman and CEO, IDEXX Laboratories, Inc. (IDXX) The Baron Funds' investment team includes Ron Baron, portfolio manager of Baron Growth Fund, Baron Partners Fund and Baron Focused Growth Fund; Cliff Greenberg, portfolio manager of Baron Small Cap Fund; Alex Umansky, portfolio manager of Baron Fifth Avenue Growth Fund and Baron Global Advantage Fund; Mike Lippert, portfolio manager of Baron Opportunity Fund; Andrew Peck, portfolio manager of Baron Asset Fund; Michael Kass, portfolio manager of Baron International Growth Fund and Baron Emerging Markets Fund; Jeff Kolitch, portfolio manager of Baron Real Estate Fund; James Stone, portfolio manager of Baron Energy and Resources Fund, and Laird Bieger and Randy Gwirtzman, portfolio managers of Baron Discovery Fund. Linda Martinson is a 30-year Baron veteran and serves as the firm's president. About Baron Funds and Baron Capital Group Baron Funds include 13 no-load mutual funds: Baron Asset Fund (BARAX; BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), and Baron Energy and Resources Fund (BENFX; BENIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, Inc., a unit of Baron Capital Group. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com/prospectus. Or call 800-99 -BARON to receive a prospectus in the mail. Baron Capital, Inc. is the distributor of the Baron Funds.
NEW YORK--(BUSINESS WIRE)--The 24th Annual Baron Investment Conference drew over 5,000 Baron Funds' shareholders today at the Metropolitan Opera House at Lincoln Center in New York City. Elon Musk, CEO of Tesla, made a surprise appearance and put three Tesla cars on display outside the Metropolitan Opera House for Baron Funds' shareholders to view. Shareholders of Baron's 13 funds were invited to the all-day conference, which included presentations from four CEOs of businesses in which the funds have invested (see below). Those presentations were followed by remarks from Baron Capital Group President Linda Martinson, and then a panel of Baron fund managers who were questioned by Christopher V. Dodds, who moderated the open session. The presentations were concluded with remarks from Ron Baron, Baron Capital Group Chairman and CEO. There was also entertainment provided by Alicia Keys, Tony Bennett and Lady Gaga, Steve Martin and Martin Short, and Michael Bublé. "Baron Funds' shareholders spent another wonderful day learning from our portfolio managers as well as some of the CEOs of our highest conviction holdings, including Elon Musk," said Mr. Baron. "One of the highlights of my year is interacting with our shareholders at the conference, and today was no different. We look forward to seeing our shareholders back next year for the 25th anniversary." Presenting at the conference this year were: Elon Musk, CEO of Tesla Motors, (TSLA) William Stone, Founder, Chairman and CEO, SS&C Technologies (SSNC) Joel Marcus, CEO, Alexandria Real Estate Equities, Inc. (ARE) Jay T. Flatley, CEO, Illumina, Inc. (ILMN) The Baron Funds' investment team includes Ron Baron, portfolio manager of Baron Growth Fund, Baron Partners Fund and Baron Focused Growth Fund; Cliff Greenberg, portfolio manager of Baron Small Cap Fund; Alex Umansky, portfolio manager of Baron Fifth Avenue Growth Fund and Baron Global Advantage Fund; Mike Lippert, portfolio manager of Baron Opportunity Fund; Andrew Peck, portfolio manager of Baron Asset Fund; Michael Kass, portfolio manager of Baron International Growth Fund and Baron Emerging Markets Fund; Jeff Kolitch, portfolio manager of Baron Real Estate Fund, James Stone, portfolio manager of Baron Energy and Resources Fund, and Laird Bieger and Randy Gwirtzman, portfolio managers of Baron Discovery Fund. Linda Martinson is a 30-year Baron veteran and serves as the firm's president. About Baron Funds and Baron Capital Group Baron Funds include 13 no-load mutual funds: Baron Asset Fund (BARAX; BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), and Baron Energy and Resources Fund (BENFX; BENIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, Inc., a unit of Baron Capital Group. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download a prospectus at www.BaronFunds.com/prospectus. Or call 800-99 -BARON to receive a prospectus in the mail. Baron Capital, Inc. is the distributor of the Baron Funds.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
Click below to see what's inside, then upgrade to read every transcript for BEXFX and 80,000+ other tickers.
Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.