BHCFX – Baron Health Care Retail Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities in the form of common stock of companies engaged in the research, development, production, sale, delivery or distribution of products and services related to the health care industry. The Adviser uses various criteria to determine whether an issuer is engaged in activities related to the health care industry. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BHCFX	Baron Health Care Fund Retail Shares	No Load	Open			Apr 30, 2018	$23.81M	1.100%	Average	$2,000	−$6.44M
BHCHX	Baron Health Care Fund Institutional Shares	Institutional	Open			Apr 30, 2018	$61.81M	0.850%	Average	$1M	−$52.02M
BHCUX	Baron Health Care Fund R6 Shares	Retirement, Large	Open			Apr 30, 2018	$13.88M	0.850%	Average	$5M	−$275,609.79

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