Baron New Asia Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.7%
1 yr return
11.9%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$4.34 M
Holdings in Top 10
38.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 7.22%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 14.32%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BNAIX - Profile
Distributions
- YTD Total Return 6.7%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -1.00%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBaron New Asia Fund
-
Fund Family NameBARONFUNDS
-
Inception DateJul 30, 2021
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAnuj Aggarwal
Fund Description
BNAIX - Performance
Return Ranking - Trailing
Period | BNAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -8.0% | 5.8% | 3.39% |
1 Yr | 11.9% | -9.6% | 10.5% | 1.72% |
3 Yr | N/A* | -17.7% | 4.6% | N/A |
5 Yr | N/A* | -5.7% | 12.1% | N/A |
10 Yr | N/A* | 0.6% | 7.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | BNAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.8% | -7.8% | 14.0% | 26.32% |
2022 | -26.9% | -40.0% | 2.8% | 77.19% |
2021 | N/A | -44.2% | 15.5% | N/A |
2020 | N/A | -13.5% | 83.8% | N/A |
2019 | N/A | -3.3% | 44.7% | N/A |
Total Return Ranking - Trailing
Period | BNAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -8.0% | 5.8% | 3.39% |
1 Yr | 11.9% | -9.6% | 10.5% | 1.72% |
3 Yr | N/A* | -17.7% | 4.6% | N/A |
5 Yr | N/A* | -5.7% | 12.1% | N/A |
10 Yr | N/A* | 0.6% | 7.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BNAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.8% | -7.8% | 20.1% | 38.60% |
2022 | -26.9% | -31.3% | 5.2% | 80.70% |
2021 | N/A | -21.3% | 22.4% | N/A |
2020 | N/A | -9.6% | 87.0% | N/A |
2019 | N/A | 8.4% | 44.8% | N/A |
NAV & Total Return History
BNAIX - Holdings
Concentration Analysis
BNAIX | Category Low | Category High | BNAIX % Rank | |
---|---|---|---|---|
Net Assets | 4.34 M | 1.68 M | 4.44 B | 96.61% |
Number of Holdings | 76 | 14 | 1595 | 30.51% |
Net Assets in Top 10 | 1.66 M | 1.63 M | 1.89 B | 96.61% |
Weighting of Top 10 | 38.20% | 20.1% | 77.6% | 79.66% |
Top 10 Holdings
- FIXED INC CLEARING CORP.REPO 6.25%
- Samsung Electronics Co Ltd 5.69%
- Taiwan Semiconductor Manufacturing Co Ltd 4.45%
- Tencent Holdings Ltd 4.04%
- Zomato Ltd 3.84%
- Bajaj Finance Ltd 3.32%
- Trent Ltd 3.05%
- Taiwan Semiconductor Manufacturing Co Ltd 2.96%
- Alibaba Group Holding Ltd 2.33%
- Bharti Airtel Ltd 2.28%
Asset Allocation
Weighting | Return Low | Return High | BNAIX % Rank | |
---|---|---|---|---|
Stocks | 94.96% | 0.00% | 101.15% | 71.19% |
Other | 6.25% | -0.01% | 6.25% | 3.39% |
Cash | 0.00% | 0.00% | 8.24% | 79.66% |
Preferred Stocks | 0.00% | 0.00% | 3.99% | 98.31% |
Convertible Bonds | 0.00% | 0.00% | 6.14% | 98.31% |
Bonds | 0.00% | 0.00% | 91.78% | 98.31% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BNAIX % Rank | |
---|---|---|---|---|
Technology | 21.87% | 0.00% | 35.18% | 61.02% |
Financial Services | 17.06% | 7.86% | 53.75% | 64.41% |
Consumer Cyclical | 13.67% | 2.54% | 30.22% | 55.93% |
Communication Services | 11.29% | 0.00% | 16.87% | 22.03% |
Industrials | 11.00% | 0.00% | 28.54% | 20.34% |
Healthcare | 8.53% | 0.00% | 11.60% | 22.03% |
Basic Materials | 5.60% | 0.00% | 24.13% | 20.34% |
Consumer Defense | 4.37% | 0.00% | 15.16% | 55.93% |
Energy | 4.19% | 0.00% | 7.66% | 13.56% |
Real Estate | 1.31% | 0.00% | 16.03% | 94.92% |
Utilities | 1.12% | 0.00% | 7.67% | 52.54% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BNAIX % Rank | |
---|---|---|---|---|
Non US | 77.25% | 0.00% | 99.96% | 66.10% |
US | 17.70% | 0.00% | 27.70% | 37.29% |
BNAIX - Expenses
Operational Fees
BNAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 7.22% | 0.19% | 16.32% | 6.90% |
Management Fee | 1.00% | 0.19% | 1.50% | 96.61% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 44.83% |
Administrative Fee | N/A | 0.08% | 0.25% | N/A |
Sales Fees
BNAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BNAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BNAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 14.32% | 9.00% | 222.00% | 9.62% |
BNAIX - Distributions
Dividend Yield Analysis
BNAIX | Category Low | Category High | BNAIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.89% | 98.31% |
Dividend Distribution Analysis
BNAIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annual |
Net Income Ratio Analysis
BNAIX | Category Low | Category High | BNAIX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.00% | -1.41% | 4.89% | 94.92% |
Capital Gain Distribution Analysis
BNAIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
BNAIX - Fund Manager Analysis
Managers
Anuj Aggarwal
Start Date
Tenure
Tenure Rank
Jul 30, 2021
0.84
0.8%
Anuj joined Baron in 2012 as a research analyst and was named portfolio manager of Baron New Asia Fund in 2021. In 2020, Anuj was named assistant portfolio manager of Baron Emerging Markets Fund. From 2005 to 2007, Anuj was an investment banking analyst at J.P. Morgan Securities. From 2007 to 2009, he worked at Crestview Partners as an associate. In the summer of 2011 he was an associate at Eagle Capital Management. Anuj graduated from MIT with a B.S. in Management Science in 2005 and from Columbia Business School with an M.B.A. in 2012.
Michael Kass
Start Date
Tenure
Tenure Rank
Jul 30, 2021
0.84
0.8%
Michael Kass has been the portfolio manager of Baron International Growth Fund and Baron Emerging Markets Fund since their respective inceptions on December 31, 2008 and December 31, 2010. He joined the Adviser in 2007 to develop an international growth strategy. From 1996 until 2003, Mr. Kass co-managed the Furman Selz Large Cap Growth portfolios, and beginning in 1998, he co-founded the Artemis Funds, a long-short strategy with a similar discipline as Large Cap Growth. In 2003, Mr. Kass formed Artemis Advisors, LLC to acquire the Artemis Funds from ING Furman Selz. Mr. Kass spent ten years in equity investment management at ING Furman Selz, and was named a senior managing director and portfolio manager in 1996. From 1989 until 1993, he was an associate in investment banking at Lazard Frères. Mr. Kass began his career in 1987 as an analyst in corporate finance at Bear, Stearns & Co. Inc. Michael graduated summa cum laude from Tulane University with a B.A. in Economics in 1987.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 22.43 | 4.69 | 0.25 |