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Stock impact report

Baron Real Estate Fund Q1 2024 Shareholder Letter [Seeking Alpha]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Seeking Alpha
The Fund significantly outperformed the MSCI US REIT Index, which declined 0.62%, and it outperformed the MSCI USA IMI Extended Real Estate Index, which rose 6.59%. Since inception on December 31, 2009, through March 31, 2024, the Fund's cumulative return of 558.6% significantly exceeds that of the REIT Index and MSCI Real Estate Index, which have increased 194.4% and 363.5%, respectively. Dear Baron Real Estate Fund Shareholder: Performance We are pleased to report that Consuelo Mack, a highly respected and distinguished business journalist, recently interviewed us and profiled Baron Real Estate Fund® (the Fund) in a TV interview for Consuelo Mack WealthTrack, that is set to broadcast in two half-hour segments on April 19, 2024, and April 26, 2024. We will attach a link to the interview on our Baron website homepage at baronfunds.com in the "News & Events" section at a later date. The Fund generated strong performance in the first quarter of 2024, gaining 8.28% (Institutiona Show less Read more
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