What are the fees and expenses associated with Baron Funds?

The fees and expenses associated with Baron Funds include investment advisory fees, distribution and service fees, and other expenses. The investment advisory fees cover the cost of professional portfolio management and research, while the distribution and service fees are for distributing and servicing the funds. These fees are typically a percentage of the average net assets of the fund. Additionally, there may be additional expenses like custodian fees, transfer agency fees, and other administrative costs. It's important to note that the fees and expenses vary depending on the specific fund and share class. Investors can find detailed information about the fees and expenses in the fund's prospectus and shareholder reports.