BARON
FUNDS®
Baron Asset Fund
Baron Growth Fund
Baron Small Cap Fund
Baron Opportunity Fund
Baron Fifth Avenue Growth Fund
Baron Discovery Fund
Supplement dated August 6, 2014
to Statement of Additional Information dated January 28, 2014
Effective July 21, 2014, Kristine Treglia is the Acting Chief Compliance Officer of Baron Investment Funds Trust.
Effective July 21, 2014, the Statement of Additional Information of the Baron Funds® (the Funds) is modified as follows:
On page 19 of the Statement of Additional Information, Gretta J. Heaney and her accompanying information is deleted from the Additional Officers of the Funds section of the following table and replaced with Ms. Treglias information as follows:
Name, Address & Age |
Position(s) Held |
Length of |
Principal Occupation(s) |
Number |
Other | |||||
Kristine Treglia 767 Fifth Avenue New York, NY 10153 Age: 36 |
Vice President and Acting Chief Compliance Officer | <1 year (appointed 7/2014) | Acting Chief Compliance Officer: Baron Capital Group, Inc., BAMCO, Inc., Baron Capital Management, Inc., Baron Investment Funds Trust, Baron Select Funds, Baron USA Partners Fund, Ltd (7/2014-Present); Vice President: the Firm* (2013-Present); Associate General Counsel: the Firm*, Baron Investment Funds Trust, Baron Select Funds, Baron USA Partners Fund, Ltd (2006-Present). | N/A | None |
This information supplements the Statement of Additional Information dated January 28, 2014. This Supplement and the Statement of Additional Information constitute a current statement of additional information. To request another copy of the Prospectus and Statement of Additional Information, please call 1-800-992-2766 or visit our website at www.BaronFunds.com.