NEW YORK--(BUSINESS WIRE)--Baron Capital, an asset management firm focused on delivering alpha in growth equity investment solutions, is pleased to announce that five Baron Funds won a 2022 Refinitiv Lipper Fund Award. These Funds were recognized for achieving strong risk-adjusted returns over three-year and five-year time periods ending December 31, 2021.
“We are delighted to again be recognized by Refinitiv Lipper for the long-term investment performance of multiple Baron Funds,” said Linda Martinson, President of Baron Capital. “Despite challenging market conditions, our Funds once again demonstrated the benefits of Baron’s unique and consistent process. At Baron Capital, we are long-term growth equity investors who are dedicated to finding great, competitively advantaged companies led by experienced and talented management teams. These awards reflect both our discipline and our continued passion for growth investing.”
Fund Awards:
- Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Global Advantage Fund, Best Global Multi-Cap Growth Fund over Five Years
- Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Health Care Fund, Best Health/Biotechnology Fund over Three Years
- Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Partners Fund, Best Multi-Cap Growth Fund over Three Years
- Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Opportunity Fund, Best Multi-Cap Growth Fund over Five Years
- Refinitiv Lipper Fund Awards United States 2022 Winner, Baron Real Estate Income Fund, Best Real Estate Fund over Three Years
Baron Global Advantage Fund, managed by Alex Umansky, focuses on unique, competitively advantaged companies that are agents or beneficiaries of disruptive change. The Fund invests across all capitalizations and geographies which provide maximum flexibility. Refinitiv Lipper ranked the Fund as the top “Global Multi-Cap Growth” fund over five years ended 12/31/21. This is the Fund’s fourth consecutive year as a top fund in its category, winning for the 3-year period in 2019, 2020, and 2021, and the Fund’s fifth award overall, with the addition of top fund for the 5-year period in 2021.
Baron Health Care Fund, managed by Neal Kaufman and Assistant Portfolio Manager Josh Riegelhaupt, 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 purchases securities of companies of any market capitalization and geography. Refinitiv Lipper ranked the Fund as the top “Health/Biotechnology” fund over three years ended 12/31/21.
Baron Partners Fund, managed by CEO Ron Baron and Michael Baron, is a focused fund that invests primarily in U.S. companies across all capitalizations and sectors. The Fund invests in companies we believe to have significant growth potential and sustainable competitive advantages. This Fund is a highly concentrated portfolio with an inclination towards mid-cap companies. Refinitiv Lipper ranked the Fund as the top “Multi-Cap Growth” fund over three years ended 12/31/21.
Baron Opportunity Fund, managed by Michael Lippert, invests in diversified, high-growth businesses of any market capitalization. Investments primarily benefit from innovation through development of pioneering, transformative, or technologically advanced products and services. Refinitiv Lipper ranked the Fund as the top “Multi-Cap Growth Fund” fund over five years ended 12/31/21.
Baron Real Estate Income Fund, managed by Jeff Kolitch, invests primarily in income-producing REITs and non-REIT real estate companies that we believe have market-leading positions, possess quality balance sheets, own well-located real estate, and grow cash flow at faster rates than most of their peers. Refinitiv Lipper ranked the Fund as the top “Real Estate” fund over three years ended 12/31/21.
Robert Jenkins, Global Head of Research, Refinitiv Lipper, said “The 2022 Refinitiv Lipper Fund Awards recognize award winning managers who are successfully facing down market factors not seen in decades including rising inflation, a thinning labor pool, and continuing constraints on the global supply chain. Markets are ebbing and flowing along with the sentiments and emotions of investors as the pandemic continues to cloud outlooks and change perspectives. Fund managers find themselves looking beyond earnings statements and factoring in impacts of viral waves – making active management more challenging than ever. We applaud the 2022 Refinitiv Lipper Fund Award winners such as Baron Capital for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios in a time of unprecedented change.”
About Baron Funds and Baron Capital Group
Founded in 1982, Baron Capital 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 18 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 (BRIFX, BRIIX), Baron Health Care Fund (BHCFX, BHCHX), Baron FinTech Fund (BFINX, BFIIX), Baron New Asia Fund (BNAFX, BNAIX), Baron Technology Fund (BWBFX, BTECX), and 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.
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).
About Refinitiv Lipper Awards
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see [Hyperlink. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
The Lipper Fund Awards Methodology:
The merit of the winners is based on objective, quantitative criteria. The influential and prestigious Refinitiv Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return. Individual classifications of three, five, and 10-year periods, as well as fund families with high average scores for the three-year period, are also recognized. The awards are based on Refinitiv Lipper’s proven proprietary methodology, which can be viewed here.