Baron Opportunity Fund Institutional Class (BIOIX)

17.98
Net Asset Value
-0.99%
1 Day
-2.97%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.11%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation through investments primarily in growth companies that benefit from technology advances. The fund invests primarily in equity securities in the form of common stock of high growth businesses selected for their capital appreciation potential. It will invest at least 65% of its assets in equity securities of companies with market capitalizations between $1 billion and $15 billion at the time of purchase. The Adviser may invest in companies in any sector or industry that it believes will benefit from innovations and advances in technology.

Performance

1 month-3.49% 3 years+12.51%
3 months-0.20% 5 years+13.32%
1 year-4.28% Since inception+16.81%
Data through --

Peer Comparisonvs. Mid-cap growth

 BIOIXCategory
Performance 5-yr return+13.32%+14.76%
Expense ratio1.11%1.35%
Risk 5 year sharpe ratio0.810.95
Net assets$397.3M$1.3B
Average market cap$7.5B$9.3B
Average P/E37.624.4
Portfolio turnover63%63%

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Fund Management and Purchase Info

Fund familyBaron Capital Group
Fund manager & tenureMichael Lippert / 8 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment$1,000,000.00

Holdings

U.S. stock89.37%
International stock9.80%
Fixed income0.83%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Telecommunication 23.07%
Business service 13.16%
Consumer service 9.47%
Media 8.02%
Healthcare 7.07%
Top 10 Holdings
Portfolio weighting
GWRE Guidewire Software Inc4.82%
IT Gartner Inc Class A4.80%
ILMN Illumina Inc3.95%
RHT Red Hat Inc3.49%
CSGP CoStar Group Inc3.28%
SBAC SBA Communications Corp3.15%
EQIX Equinix Inc2.99%
VRSK Verisk Analytics Inc2.96%
KMX CarMax Inc2.84%
SSTK Shutterstock Inc2.77%

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