About BWBFX
Baron WealthBuilder Fund Retail Shares is an open-end mutual fund structured as a fund of funds, aiming primarily for capital appreciation. The fund invests predominantly in a select group of underlying Baron mutual funds, which represent various investment strategies across both domestic and international equity markets. This approach provides diversified exposure to growth-oriented equities, with over 85% of its portfolio typically allocated to equity assets.
The fund emphasizes investment in businesses believed to have strong growth potential, sustainable competitive advantages, skilled management, and attractive valuations. While its holdings span all market capitalizations, there is a notable focus on small- and mid-cap growth companies, reflecting the adviser’s belief in their long-term return prospects compared to larger firms. The portfolio composition is heavily weighted towards the U.S., with a significant but smaller allocation to non-U.S. stocks.
Managed using a consistent, research-driven approach, the fund does not attempt to mimic broad market indexes and maintains a relatively concentrated basket of underlying funds—typically around 16. Its aggressive allocation strategy and focus on equity growth make it significant for investors seeking diversified growth exposure within a single, actively managed vehicle.
Fund Family Baron Capital Group, Inc.
Category Allocation--85%+ Equity
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol BWBFX
Share Class Retail Shares
Index S&P 500 TR
BWBFX had a total return of 4.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.43%.
