Baron Emerging Markets Fund’s Q4 2023 Investor Letter

Baron Funds, an investment management company, released its “Baron Emerging Markets Fund” fourth quarter 2023 investor letter. In the fourth quarter, the fund returned 6.81% (Institutional Shares), compared to a 7.86% return for its principal benchmark, the MSCI EM Index, and a 7.72% return for the MSCI EM IMI Growth Index (the Proxy Benchmark). The fund appreciated 8.29% for the full year, the benchmark returned 9.83%, and the Proxy Benchmark gained 8.09%. In addition, please check the...