Michael Kass - Baron Emerging Fund Manager
| BEXIX Fund | USD 14.31 0.09 0.63% |
Kass is a Vice President.Michael joined Baron in 2007 as a portfolio manager having research experience. From 2003 to 2007, Michael was a managing principal of Artemis Advisors, LLC, which he formed to acquire the Artemis Funds, a longshort equity strategy he cofounded in 1998. From 1993 to 2003, Michael worked at ING Furman Selz as a director of proprietary trading and was named senior managing director and portfolio manager in 1996. From 1989 to 1993, he worked at Lazard Frres as an associate in investment banking. From 1987 to 1989, Michael worked at Bear Stearns Co. as a corporate finance analyst. Michael graduated summa cum laude from Tulane University with a B.A. in Economics in 1987.
| Phone | 800-992-2766 |
Baron Emerging Management Performance (%)
Similar Money Managers
| Found 13 records | One Year Return | ||
| Nicholas Kaiser | Amana Growth Fund | N/A | |
| Lerato Manaka | Barloworld Ltd ADR | N/A | |
| Scott Klimo | Amana Growth Fund | N/A | |
| Paul Ocenasek | Thrivent High Yield | N/A | |
| Nicholas Kaiser | Amana Income Fund | N/A | |
| John Mulquiney | Morningstar Unconstrained Alloc | N/A | |
| Quinton McGeer | Barloworld Ltd ADR | 58 | |
| Patrick Drum | Amana Participation Fund | N/A | |
| Monem Salam | Amana Growth Fund | N/A | |
| Edward Fane | Morningstar Unconstrained Alloc | N/A | |
| Alan Kruss | High Yield Municipal Fund | N/A | |
| Kamogelo Mmutlana | Barloworld Ltd ADR | N/A | |
| Keith Rankin | Barloworld Ltd ADR | 45 | |
Baron Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Baron Emerging a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 15.77 X | |||
| Price To Book | 2.12 X | |||
| Price To Sales | 1.76 X | |||
| Total Asset | 4.6 B | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 1.50 % | |||
| One Year Return | 4.40 % | |||
| Three Year Return | (9.38) % | |||
| Five Year Return | (0.02) % | |||
| Net Asset | 4.89 B |
Pair Trading with Baron Emerging
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baron Emerging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baron Emerging will appreciate offsetting losses from the drop in the long position's value.Moving together with Baron Mutual Fund
| 0.82 | BREIX | Baron Real Estate | PairCorr |
| 0.82 | BREFX | Baron Real Estate | PairCorr |
| 0.88 | BSCFX | Baron Small Cap | PairCorr |
| 0.7 | BARAX | Baron Asset Fund | PairCorr |
The ability to find closely correlated positions to Baron Emerging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baron Emerging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baron Emerging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baron Emerging Markets to buy it.
The correlation of Baron Emerging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baron Emerging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baron Emerging Markets moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baron Emerging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baron Emerging Markets. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.