Baron Fifth Avenue Growth Fund’s Q3 2023 Investor Letter

Baron Funds, an investment management company, released its “Baron Fifth Avenue Growth Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. The fund fell 3.5% (Institutional Shares) in the third quarter compared to a 3.1% loss for the Russell 1000 Growth Index and a 3.3% decline for the S&P 500 Index. Year-to-date, the fund is up 34.0% compared to 25.0% and 13.1% gains, respectively, for the indexes. In addition, please check the fund’s top five holdings to know its best picks in 2023.