Baron Discovery Fund’s Q3 2024 Investor Letter

Baron Funds, an investment management company, released its “Baron Discovery Fund” third quarter 2024 investor letter. In the third quarter, the fund appreciated 13.55% (Institutional Shares), outperforming the 8.41% return for the Russell 2000 Growth Index. Year-to-date, the fund returned 9.50% compared to the index’s 13.22% return. The firm was pleased with the fund’s performance in the third quarter and believes that the bear market in small-cap growth stocks, which began in February 2021, may finally end. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Baron Discovery Fund’s Q3 2024 investor letter can be downloaded here.