Baron Funds Launches Baron Retirement Income Fund.Seeks income and growth that outpaces inflation Invests in small and mid-sized growth companies NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- For investors concerned about rising prices during retirement, Baron baron Title of nobility, ranking in modern times immediately below a viscount or a count (in countries without viscounts). The wife of a baron is a baroness. Originally, in the early Middle Ages, the term designated a tenant of whatever rank who held a tenure of barony Funds today announced the initial offering of Baron Retirement Income Fund. Unlike other retirement funds, Baron Retirement Income Fund invests in growth companies and seeks to provide investment growth along with income that outpaces inflation. Ron Noun 1. Ron - a Chadic language spoken in northern Nigeria Bokkos, Daffo West Chadic - a group of Chadic languages spoken in northern Nigeria; Hausa in the most important member Baron, who will manage Baron Retirement Income Fund, says the Fund will operate much like a college endowment A transfer, generally as a gift, of money or property to an institution for a particular purpose. The bestowal of money as a permanent fund, the income of which is to be used for the benefit of a charity, college, or other institution. , paying investors a minimum distribution of 4% of net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. per share each year, which they may choose to receive or reinvest re·in·vest tr.v. re·in·vest·ed, re·in·vest·ing, re·in·vests To invest (capital or earnings) again, especially to invest (income from securities or funds) in additional shares. . "Prices for most goods are doubling every 15 years due to inflation, a real problem for retirees. With Baron Retirement Income Fund, when investors take the distribution in cash," says Mr. Baron, "our goal is to increase the value of an investor's shares and the distribution at least 100% every eight years. For those shareholders who reinvest the distribution, our goal is to double their investment every five years." The Fund may not achieve its objectives. About Baron Retirement Income Fund Baron Retirement Income Fund is a no-load, open-end, non-diversified mutual fund that invests primarily in small- to mid-sized growth companies. It is anticipated that a portion of the distribution each year may consist of a non-taxable return of capital, which reduces cost basis. Although Baron Retirement Income Fund is a newly registered mutual fund, the portfolio has been managed in the same style and by the same manager since May 31, 1996, when it was formed as a partnership. The partnership's investment goals, policies, guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. and restrictions were, in all material respects, equivalent to the Fund's. Historical performance for the Fund calculated from the preceding partnership's inception on 5/31/1996 will be available at www.baronfunds.com/performance on July 1. About Baron Funds and Baron Capital Group Baron Funds include seven no-load mutual funds No-load mutual fund An open-end investment company whose shares are sold without a sales charge. There can be other distribution charges, however, such as Article 12B-1 fees. A true no-load fund has neither a sales charge nor a distribution fee. : Baron Asset Fund (BARAX), Baron Growth Fund, Baron Small Cap Fund (BSCFX), Baron iOpportunity Fund (BIOPX), Baron Fifth Avenue Growth Fund (BFTHX), Baron Partners Fund (BPTRX) and Baron Retirement Income Fund (BRIFX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The advisor to Baron Funds is BAMCO, a unit of Baron Capital Group, which managed more than $20 billion as of March 31, 2008, for institutional and individual investors. Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Retirement Income Fund is described in a prospectus that contains this and other information about the Fund. You should carefully read the prospectus before investing. You can read, print, or download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. a prospectus at www.BaronFunds.com/prospectus. Or call 800-99 -BARON to receive a prospectus in the mail. Baron Capital, Inc. is the distributor of the Baron Funds. Specific risks associated with Baron Retirement Income Fund include that it is non-diversified and that it invests primarily in small and medium-sized companies. Non-diversification increases volatility of the Fund's returns and exposes the Fund to potentially greater losses in any given period. Securities of smaller and medium-sized companies may be thinly traded Thinly traded Infrequently traded. and they may be more difficult to sell during market downturns. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion