Baron FinTech Fund (BFIIX)
The investment seeks capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in securities of companies that develop, use, or rely on innovative technologies or services, in a significant way, for banking, lending, capital markets, financial data analytics, insurance, payments, asset management, or wealth management. It may purchase securities of companies of any market capitalization and may invest in foreign stocks, including emerging market securities.
Fund Info
| ISIN | US06828M6378 |
|---|---|
| CUSIP | 06828M637 |
| Issuer | Baron Capital Group, Inc. |
| Inception Date | Dec 30, 2019 |
| Category | Technology Equities |
| Min. Investment | $1,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Baron FinTech Fund has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Baron FinTech Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Baron FinTech Fund had a return of 0.56% year-to-date (YTD) and 25.99% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.56% | 5.84% |
| 1 month | -4.86% | -2.98% |
| 6 months | 20.07% | 22.02% |
| 1 year | 25.99% | 24.47% |
| 5 years (annualized) | N/A | 11.44% |
| 10 years (annualized) | N/A | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.04% | 3.51% | 0.67% | |||||||||
| 2023 | -3.55% | -3.84% | 13.16% | 4.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Baron FinTech Fund(BFIIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Baron FinTech Fund (BFIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Baron FinTech Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.15 |
Dividend yield | 0.00% | 0.00% | 1.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Baron FinTech Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.15 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Baron FinTech Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Baron FinTech Fund was 43.82%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current Baron FinTech Fund drawdown is 22.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.82% | Sep 7, 2021 | 280 | Oct 14, 2022 | — | — | — |
| -34.34% | Feb 20, 2020 | 23 | Mar 23, 2020 | 50 | Jun 3, 2020 | 73 |
| -10.98% | Feb 16, 2021 | 15 | Mar 8, 2021 | 33 | Apr 23, 2021 | 48 |
| -9.02% | Oct 13, 2020 | 14 | Oct 30, 2020 | 5 | Nov 6, 2020 | 19 |
| -8.26% | Sep 3, 2020 | 3 | Sep 8, 2020 | 23 | Oct 9, 2020 | 26 |
Volatility
Volatility Chart
The current Baron FinTech Fund volatility is 3.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.