Baron Global Advantage has posted significant losses to start off 2022. For the year-to-date period through March 18, the institutional shares declined 24.2%, placing them in the bottom decile of world large-stock growth Morningstar Category peers. This comes after a similarly rough year in 2021 that saw the shares return just 0.9% relative to the 12.8% gain for the fund's average peer. Despite the challenging performance, the longer-term track record remains strong, and results are mostly in line with expectations given its aggressive mandate. The fund retains its Morningstar Analyst Rating of Bronze.
Baron Global Advantage Retail BGAFX
NAV / 1-Day Return
28.53
/
3.52
%
Total Assets
1.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.150%
Expense Ratio
1.150%
Fee Level
Above Average
Longest Manager Tenure
10.18
years
Category
Global Large-Stock Growth
Investment Style
Large GrowthMin. Initial Investment
2,000
Status
Open
TTM Yield
0.00%
Turnover
24%
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will BGAFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BGAFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BGAFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of BGAFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Baron Global Advantage's Rating Is Unchanged Despite Weak Recent Performance
