Baron Growth Fund Q1 2026 Shareholder Letter
The Baron Growth Fund experienced a decline in the first quarter of 2026, underperforming against its benchmark, the Russell 2000 Growth Index. Despite this setback, the Fund has achieved an annualized gain of 11.07% since its inception, surpassing the benchmark by 3.16%. Key contributors to the Fund's performance included FIGS, Inc., Choice Hotels International, Inc., and Arch Capital Group Ltd.
- ▪The Baron Growth Fund trailed the Russell 2000 Growth Index in Q1 2026.
- ▪Since inception, the Fund has gained 11.07% annually, exceeding the benchmark by 3.16%.
- ▪Top contributors to the Fund's performance were FIGS, Inc., Choice Hotels International, Inc., and Arch Capital Group Ltd.
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