Baron Global Opportunity Fund Q1 2026 Shareholder Letter
The Baron Global Opportunity Fund experienced a decline in the first quarter of 2026. It underperformed the MSCI ACWI Index but managed to outperform the MSCI ACWI Growth Index. Key contributors to performance included Space Exploration Technologies Corp., ASML Holding N.V., and Taiwan Semiconductor Manufacturing Company.
- ▪The fund declined during the first quarter of 2026.
- ▪It underperformed the MSCI ACWI Index while outperforming the MSCI ACWI Growth Index.
- ▪Top contributors to performance were Space Exploration Technologies Corp., ASML Holding N.V., and Taiwan Semiconductor Manufacturing Company.
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