New Fund Focuses on Growth Opportunities

June 30, 2008 ( - Baron Funds has unveiled its new Baron Retirement Income Fund, which invests in growth companies to provide investment growth along with income that outpaces inflation.

According to a news release, the new offering is a no-load, open-end, non-diversified mutual fund that invests primarily in small- to mid-sized growth companies. Ron Baron, who will manage Baron Retirement Income Fund, said the fund will pay investors a minimum distribution of 4% of net assets per share each year, which they may choose to receive or reinvest.

It is anticipated that a portion of an investor’s 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 announcement said.

More information is available at .