Ron Baron Stays True to His Picks
Baron stays the course.
Ron Baron is sticking to his guns.
His namesake, mid-growth juggernaut Baron Asset Fund (BARAX), has struggled mightily in recent years. A dearth of technology stocks weighed heavily on returns in 1998 and 1999, contributing to bottom-quartile category finishes during the buoyant, tech-driven bull market of both years. Though the fund's break-even showing in 2000 landed in its group's top third, it didn't likely please investors who had endured back-to-back years of relatively skimpy returns.
Christopher Davis does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.