Baron Fifth Avenue Growth Fund’s Q3 2022 Investor Letter

Baron Funds, an investment management company, released its “Baron Fifth Avenue Growth Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the fund declined 2.9% (Institutional Shares) compared to a 3.6% decline for the Russell 1000 Growth Index and a 4.9% decline for the S&P 500 Index. Holdings in Consumer Discretionary and Communication sectors contributed significantly to the fund’s performance in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2022.