Baron Real Estate Fund’s Q4 2023 Investor Letter

Baron Funds, an investment management company, released its “Baron Real Estate Fund” fourth quarter 2023 investor letter. The fund had a strong performance in 2023 and generated a gain of 25.04% (Institutional Shares). This is more than double the MSCI US REIT Index (the REIT Index), which rose 12.27% and also outperformed the MSCI USA IMI Extended Real Estate Index’s 23.09% return. In addition, please check the fund’s top five holdings to know its best picks in 2023.

A copy of Baron Real Estate Fund’s 2023 Q4 investor letter can be downloaded here.