Baron Funds, an investment management company, released its “Baron Discovery Fund” second quarter 2024 investor letter. In the second quarter, the fund (Institutional Shares) declined 7.78% underperforming the 2.92% decline for the Russell 2000 Growth Index. The lion's share of negative attribution and 6.52% of negative performance of the fund during the quarter were attributed to the ten worst-performing equities. The firm believes downward movements are more technically tied to macroeconomic issues and the trading environment and could quickly revert. In addition, please check the...
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