Baron Focused Growth Fund Retail Shs (BFGFX)
Baron Focused Growth Fund Retail Shs operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $61.48, down 1.96% on the session, giving a market capitalisation of $3.07B. Its beta of 0.78 implies it has historically moved less than the broad market.
This fund aims for long-term capital growth, primarily allocating its investments to the common stock of U.S.-based, rapidly expanding small and mid-sized companies. The adviser defines these smaller and mid-tier firms based on their market value at the moment of acquisition, ensuring they don't exceed the market capitalization of the largest constituent within the Russell Midcap Growth Index when that index undergoes its periodic rebalancing. Because of its patient, long-term strategy, a substantial portion of the fund's holdings might eventually comprise companies whose market values have grown beyond their initial small- or mid-cap criteria. It is important to note that this fund utilizes a concentrated, non-diversified investment approach.
Baron Focused Growth Fund Retail Shs is most often compared with the following Financial Services names: