Baron Real Estate Fund’s Q1 2021 Investor Letter

Baron Funds, an asset management firm, published its “Baron Real Estate Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 11.08% was delivered by the fund’s institutional shares for the Q1 of 2021, exceeding the MSCI US REIT Index, which appreciated 8.50%, and modestly underperforming the MSCI USA IMI Extended Real Estate Index which rose 12.205 for the same period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.