Baron Funds, an investment management company, released its “Baron Fifth Avenue Growth Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund increased 3.6% (Institutional Shares) in the third quarter compared to a 3.2% gain for the Russell 1000 Growth Index and a 5.9% increase for the S&P 500 Index. Year to date, the fund returned 23.3% compared to 24.6% and 22.1% gains for the indexes. In addition, please check the fund’s top five holdings to know its best picks in 2024.
Baron Fifth Avenue Growth Fund highlighted stocks like KKR & Co. Inc....
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