Baron Fifth Avenue Growth Fund’s Q4 2022 Investor Letter

Baron Funds, an investment management company, released its “Baron Fifth Avenue Growth Fund” fourth quarter 2022 investor letter. A copy of the same can be downloaded here. In the fourth quarter, the fund declined 7.1% (Institutional Shares) compared to a 2.2% gain for the Russell 1000 Growth Index and a 7.6% gain for the S&P 500 Index. For the year 2022, the fund declined 50.5% compared to 29.1% and 18.1% respectively for the benchmarks. In addition, please check the fund’s top five holdings to know its best picks in 2022.