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Baron Capital rolls out five active ETFs, SpaceX becomes the firm's biggest investment [CNBC]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Advantage ETF (BCGD), Baron SMID Cap ETF (BCSM), Baron Financials ETF (BCFN) and Baron Technology ETF (BCTK). Each ETF is designed to mirror investment approaches that Baron Capital has used in its mutual funds and private accounts. Baron Capital founder Ron Baron said the firm's long-term performance record, which includes early investments in SpaceX and Tesla, supports the move. Baron Capital on Monday launched five actively managed exchange-traded funds, betting that its long-term record – including a large, early investment in SpaceX – will translate to growing demand for active strategies in an ETF format. The new funds – the Baron First Principles ETF (RONB), Baron Global Durable Advantage ETF (BCGD), Baron SMID Cap ETF (BCSM), Baron Financials ETF (BCFN) and Baron Technology ETF (BCTK) – began trading on Monday. Each ETF is designed to mirror investment approaches that Baron Capital has used for decades across its mutual funds and private accounts. Baron Capital found
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