Real Estate, FinTech, and Health Care | 31sts Annual Baron Investment Conference

Baron Capital’s sector fund portfolio managers cover the market and outlook for real estate, health care, and fintech. Jeff Kolitch explains why a broader approach to real estate investing is preferable in a dynamic landscape, while Neal Kaufman discusses innovation in health care, and Josh Saltman highlights how technology is transforming the financial industry.

▬ Contents of This Video ▬▬▬▬▬▬▬▬▬▬
0:00 – Introductions
1:25 – Dark Clouds Over Real Estate Are Lifting
3:53 – Baron Real Estate Strategy, An Active Approach
5:41 – Health Care Sector Outlook
6:38 – Investment Themes: Robotic Surgery, AI, Innovative Therapeutics
10:17 – FinTech Innovation and Areas of Investment
14:52 – RFK Jr. and Changes at the FDA?
17:07 – Baron Real Estate Fund Holdings
19:39 – Data Centers, AI, and Digital Infrastructure
22:33 – GLP-1’s
24:38 – Electronic Payments and Digitization
26:23 – Interest Rates and Real Estate

Disclosures:

Investors should consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. The prospectus and summary prospectuses contain this and other information about the Funds. You may obtain them from the Funds’ distributor, Baron Capital, Inc., by calling 1-800-99-BARON or visiting BaronCapitalGroup.com. Please read them carefully before investing.

Risks: In addition to general market conditions, the value of the Baron Health Care Fund will be affected by investments in health care companies which are subject to a number of risks, including the adverse impact of legislative actions and government regulations. In addition to general market conditions, the value of the Real Estate Funds will be affected by the strength of the real estate markets as well as by interest rate fluctuations, credit risk, environmental issues and economic conditions. The Baron Real Estate Income Fund invests in debt securities which are affected by changes in prevailing interest rates and the perceived credit quality of the issuer. In addition to general market conditions, FinTech companies may be adversely impacted by government regulations, economic conditions and deterioration in credit markets. Companies in the Information Technology sector are subject to rapid changes in technology product cycles; rapid product obsolescence; government regulation; and increased competition, both domestically and internationally, including competition from foreign competitors with lower production costs. The IT services industry can be significantly affected by competitive pressures, such as technological developments, fixed-rate pricing, and the ability to attract and retain skilled employees, and the success of companies in the industry is subject to continued demand for IT services. The Funds invest in companies of all sizes, including small and medium sized companies whose securities may be thinly traded and more difficult to sell during market downturns.

The discussion of market trends is not intended as advice to any person regarding the advisability of investing in any particular security. The views expressed in this presentation reflect those of the respective speaker. Some of our comments are based on management expectations and are considered “forward-looking statements.” Actual future results, however, may prove to be different from our expectations. Our views are a reflection of our best judgment at the time and are subject to change at any time based on market and other conditions and Baron has no obligation to update them.

BAMCO, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Baron Capital, Inc. is a broker-dealer registered with the SEC and member of the Financial Industry Regulatory Authority, Inc. (FINRA).