Baron FinTech Fund (BFINX)
Baron FinTech Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $17.51, down 0.34% on the session, giving a market capitalisation of $71.8M. Its beta of 1.12 implies it has historically moved more than the broad market.
This fund typically commits at least 80% of its net assets to companies that are significantly engaged in developing, implementing, or leveraging groundbreaking technologies and services within the financial industry. Its focus spans sectors such as banking, lending, capital markets, financial data analytics, insurance, payments, and both asset and wealth management. The investment strategy permits the acquisition of securities from businesses of any market capitalization. Furthermore, it has the option to include international equities in its portfolio, extending to those in emerging markets. It's important to note that this fund is considered non-diversified.
Baron FinTech Fund is most often compared with the following Financial Services names: