Baron Growth Fund’s Q4 2024 Investor Letter

Baron Funds, an investment management company, released its “Baron Growth Fund” fourth quarter 2024 investor letter. The fund appreciated 5.02% (Institutional Shares) in 2024, trailing the Russell 2000 Growth Index’s (the Benchmark) 15.15% return. Approximately 25% of the fund’s underperformance was attributed to short-term cyclical headwinds and temporary growth investments, while the remaining underperformance was due to a focus on high-quality compounding growth businesses. In addition, please check the fund’s top five holdings to know its best picks in 2024.

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