<SEC-DOCUMENT>0001193125-20-041462-index.html : 20200219 <SEC-HEADER>0001193125-20-041462.hdr.sgml : 20200219 <ACCEPTANCE-DATETIME>20200219093656 ACCESSION NUMBER: 0001193125-20-041462 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 34 FILED AS OF DATE: 20200219 DATE AS OF CHANGE: 20200219 EFFECTIVENESS DATE: 20200219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) CENTRAL INDEX KEY: 0000810902 IRS NUMBER: 136891420 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-12112 FILM NUMBER: 20627786 BUSINESS ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 49TH FL CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2125832000 MAIL ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 49TH FL CITY: NEW YORK STATE: NY ZIP: 10153 FORMER COMPANY: FORMER CONFORMED NAME: BARON ASSET FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) CENTRAL INDEX KEY: 0000810902 IRS NUMBER: 136891420 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-05032 FILM NUMBER: 20627785 BUSINESS ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 49TH FL CITY: NEW YORK STATE: NY ZIP: 10153 BUSINESS PHONE: 2125832000 MAIL ADDRESS: STREET 1: 767 FIFTH AVE STREET 2: 49TH FL CITY: NEW YORK STATE: NY ZIP: 10153 FORMER COMPANY: FORMER CONFORMED NAME: BARON ASSET FUND DATE OF NAME CHANGE: 19920703 <SERIES-AND-CLASSES-CONTRACTS-DATA> <EXISTING-SERIES-AND-CLASSES-CONTRACTS> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000582 <SERIES-NAME>BARON ASSET FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001635 <CLASS-CONTRACT-NAME>BARON ASSET FUND <CLASS-CONTRACT-TICKER-SYMBOL>BARAX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077818 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BARIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165210 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BARUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000583 <SERIES-NAME>BARON GROWTH FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001636 <CLASS-CONTRACT-NAME>BARON GROWTH FUND <CLASS-CONTRACT-TICKER-SYMBOL>BGRFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077819 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BGRIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165211 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BGRUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000584 <SERIES-NAME>BARON SMALL CAP FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001637 <CLASS-CONTRACT-NAME>BARON SMALL CAP FUND <CLASS-CONTRACT-TICKER-SYMBOL>BSCFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077820 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BSFIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165212 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BSCUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000585 <SERIES-NAME>BARON OPPORTUNITY FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001638 <CLASS-CONTRACT-NAME>BARON OPPORTUNITY FUND <CLASS-CONTRACT-TICKER-SYMBOL>BIOPX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077821 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BIOIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000174753 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BIOUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000000586 <SERIES-NAME>BARON FIFTH AVENUE GROWTH FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000001639 <CLASS-CONTRACT-NAME>BARON FIFTH AVENUE GROWTH FUND <CLASS-CONTRACT-TICKER-SYMBOL>BFTHX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000077822 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BFTIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000165213 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BFTUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000042178 <SERIES-NAME>BARON DISCOVERY FUND <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000130959 <CLASS-CONTRACT-NAME>BARON DISCOVERY FUND <CLASS-CONTRACT-TICKER-SYMBOL>BDFFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000130960 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDFIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000174754 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDFUX </CLASS-CONTRACT> </SERIES> <SERIES> <OWNER-CIK>0000810902 <SERIES-ID>S000060168 <SERIES-NAME>Baron Durable Advantage Fund <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000196921 <CLASS-CONTRACT-NAME>Baron Durable Advantage Fund <CLASS-CONTRACT-TICKER-SYMBOL>BDAFX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000196922 <CLASS-CONTRACT-NAME>Institutional Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDAIX </CLASS-CONTRACT> <CLASS-CONTRACT> <CLASS-CONTRACT-ID>C000196923 <CLASS-CONTRACT-NAME>R6 Shares <CLASS-CONTRACT-TICKER-SYMBOL>BDAUX </CLASS-CONTRACT> </SERIES> </EXISTING-SERIES-AND-CLASSES-CONTRACTS> </SERIES-AND-CLASSES-CONTRACTS-DATA> </SEC-HEADER> <DOCUMENT> <TYPE>485BPOS <SEQUENCE>1 <FILENAME>d850101d485bpos.htm <DESCRIPTION>BARON INVESTMENT FUNDS TRUST <TEXT> Document 1 - file: d850101d485bpos.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-101.INS <SEQUENCE>3 <FILENAME>bift-20200128.xml <DESCRIPTION>XBRL INSTANCE DOCUMENT <TEXT> Document 3 - file: bift-20200128.xml
</DOCUMENT> <DOCUMENT> <TYPE>EX-101.SCH <SEQUENCE>4 <FILENAME>bift-20200128.xsd <DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA <TEXT> Document 4 - file: bift-20200128.xsd
</DOCUMENT> <DOCUMENT> <TYPE>EX-101.CAL <SEQUENCE>5 <FILENAME>bift-20200128_cal.xml <DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE <TEXT> Document 5 - file: bift-20200128_cal.xml
</DOCUMENT> <DOCUMENT> <TYPE>EX-101.DEF <SEQUENCE>6 <FILENAME>bift-20200128_def.xml <DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE <TEXT> Document 6 - file: bift-20200128_def.xml
</DOCUMENT> <DOCUMENT> <TYPE>EX-101.LAB <SEQUENCE>7 <FILENAME>bift-20200128_lab.xml <DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE <TEXT> Document 7 - file: bift-20200128_lab.xml
</DOCUMENT> <DOCUMENT> <TYPE>EX-101.PRE <SEQUENCE>8 <FILENAME>bift-20200128_pre.xml <DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE <TEXT> Document 8 - file: bift-20200128_pre.xml
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>BarChart4.png <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 9 - file: BarChart4.png
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>10 <FILENAME>R20.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 10 - file: R20.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>11 <FILENAME>R7.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 11 - file: R7.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>12 <FILENAME>FilingSummary.xml <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 12 - file: FilingSummary.html
Document 12 - RAW XML: FilingSummary.xml
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>13 <FILENAME>R31.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 13 - file: R31.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>14 <FILENAME>R2.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 14 - file: R2.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>15 <FILENAME>R13.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 15 - file: R13.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>16 <FILENAME>R38.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 16 - file: R38.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>BarChart5.png <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 17 - file: BarChart5.png
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>BarChart1.png <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 18 - file: BarChart1.png
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>19 <FILENAME>R25.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 19 - file: R25.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>20 <FILENAME>R44.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 20 - file: R44.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>21 <FILENAME>R8.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 21 - file: R8.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>22 <FILENAME>R32.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 22 - file: R32.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>23 <FILENAME>R19.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 23 - file: R19.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>24 <FILENAME>BarChart7.png <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 24 - file: BarChart7.png
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>25 <FILENAME>BarChart3.png <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 25 - file: BarChart3.png
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>26 <FILENAME>Show.js <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 26 - file: Show.js
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>27 <FILENAME>R26.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 27 - file: R26.htm
</DOCUMENT> <DOCUMENT> <TYPE>ZIP <SEQUENCE>28 <FILENAME>0001193125-20-041462-xbrl.zip <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 28 - file: 0001193125-20-041462-xbrl.zip
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>29 <FILENAME>BarChart6.png <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 29 - file: BarChart6.png
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>30 <FILENAME>BarChart2.png <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 30 - file: BarChart2.png
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>31 <FILENAME>R43.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 31 - file: R43.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>32 <FILENAME>R1.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 32 - file: R1.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>34 <FILENAME>R37.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 34 - file: R37.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>35 <FILENAME>R14.htm <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 35 - file: R14.htm
</DOCUMENT> <DOCUMENT> <TYPE>XML <SEQUENCE>36 <FILENAME>report.css <DESCRIPTION>IDEA: XBRL DOCUMENT <TEXT> Document 36 - file: report.css
</DOCUMENT> </SEC-DOCUMENT>