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Stock impact report

Baron Emerging Markets Fund Q4 2023 Shareholder Letter [Seeking Alpha]

Tenaris S.A. American Depositary Shares (TS) 
Last tenaris s.a. american depositary shares earnings: 2/19 04:34 pm Check Earnings Report
US:NYSE Investor Relations: ir.tenaris.com
Company Research Source: Seeking Alpha
Baron Emerging Markets Fund gained 6.81% (Institutional Shares) during the final quarter of 2023, while its primary benchmark index appreciated 7.86%. During the fourth quarter, we added two new investments to existing themes while also increasing exposure to several positions that we established in earlier periods. We reiterate our view that India, our largest overweight exposure by a margin, has reached escape velocity after years of implementing a series of productivity-enhancing reforms, and further stands out as a material beneficiary in the evolving global geopolitical environment. Dear Baron Emerging Markets Fund Shareholder: Performance Baron Emerging Markets Fund® (the Fund) gained 6.81% (Institutional Shares) during the final quarter of 2023, while its primary benchmark index, the MSCI EM Index (the Benchmark), appreciated 7.86%. The MSCI EM IMI Growth Index (the Proxy Benchmark) gained 7.72% for the quarter. For the full-year 2023, the Fund appreciated 8.29% whil Show less Read more
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