Baron Asset Fund’s Q4 2024 Investor Letter

Baron Funds, an investment management company, released its “Baron Asset Fund” fourth quarter 2024 investor letter. US equities ended the quarter higher primarily due to the market’s strength following Donald Trump’s election as president and the Republican majority in both houses of Congress. While Baron Asset Fund had a difficult fourth quarter, returning -(0.04)% (Institutional Shares) compared to the Russell Midcap Growth Index’s 8.14% return. The firm believes that the relative shortfall was caused by a number of circumstances that would only last temporarily. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Baron Asset Fund’s Q4 2024 investor letter can be downloaded here.