Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Baron Flies to an I Shares Class Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, June 3, 2009

Baron Flies to an I Shares Class

News summary by MFWire's editors

On Wednesday Baron Funds unveiled an expansion in its share class offerings. Institutional share classes will now be available for the firm's eight mutual funds. The shares will have an investment minimum of $1 million per fund and will be offered both directly from Baron and through major fund supermarkets and financial advisors.


Company Press Release

NEW YORK--(BUSINESS WIRE)--Baron Funds today announced the launch of an institutional share class for its eight mutual funds. The new share class is for accounts in the amount of $1,000,000 or more per fund. The Institutional Shares will have lower expense ratios than Baron Funds' Retail Shares.

"Baron Funds is pleased to offer Institutional Shares," said Ron Baron, Chairman, CEO and CIO of Baron Capital Group, Inc. "Over the years, we've had a strong following among financial advisors and institutional plan sponsors. They have entrusted us to help their clients achieve long-term investment goals, so we want to do all we can to support their efforts."

Institutional Shares are intended for certain financial intermediaries that offer shares of the Baron Funds through fee-based platforms, retirement platforms or other platforms. Other investors meeting the eligibility requirements for the Institutional Shares may also purchase Institutional Shares.

The Baron Funds' Retail Shares and Institutional Shares differ only in their ongoing fees and minimum account size per fund. Like the Baron Funds' Retail Shares, the Institutional Shares will be available directly from Baron as well as through the major mutual fund supermarkets, wirehouses and independent registered investment advisors.

About Baron Funds and Baron Capital Group
Baron Funds include eight mutual funds: Baron Asset Fund (Institutional Class: BARIX, Retail Class: BARAX), Baron Growth Fund (Institutional Class: BGRIX, Retail Class: BGRFX), Baron Small Cap Fund (Institutional Class: BSFIX, Retail Class: BSCFX), Baron iOpportunity Fund (Institutional Class: BIOIX, Retail Class: BIOPX), Baron Fifth Avenue Growth Fund (Institutional Class: BFTIX, Retail Class: BFTHX), Baron Partners Fund (Institutional Class: BPTIX, Retail Class: BPTRX), Baron International Growth Fund (Institutional Class: BINIX, Retail Class: BIGFX), and Baron Retirement Income Fund (Institutional Class: BRRIX, Retail Class: BRIFX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, Inc., a unit of Baron Capital Group, Inc., which managed more than $12 billion as of May 31, 2009, for institutional and retail investors.  

Edited by: Meredith Mazzilli


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use