Baron Capital Appoints Glenn Smith as National Sales Manager of Intermediary Sales

Baron Capital announced today that Glenn Smith has been named National Sales Manager of Intermediary Sales. He reports to David Judice, Head of Intermediary Sales.

"Glenn brings to Baron over 15 years of financial sales and sales management experience, expertise in fund distribution and strong relationships with advisors and broker dealer sales management teams. We're delighted that Glenn has joined Baron," said Linda Martinson, president of Baron Capital and the Baron Funds.

Prior to joining Baron, Mr. Smith was an Executive Director and ETF Specialist at J.P. Morgan Asset Management working closely with sales management to develop and implement intermediary sales strategy and coverage. He joined J.P. Morgan Asset Management in January 2014 after more than eight years at Van Eck Global where he served as National Sales Director managing their financial advisor, RIA and ETF sales units. Mr. Smith earned a B.S. in Finance from State University of New York, Old Westbury.

About Baron Funds and Baron Capital Group

Baron Funds include 13 no-load mutual funds: Baron Asset Fund (Retail Shares: BARAX; Institutional Shares: BARIX), Baron Growth Fund (BGRFX; BGRIX), Baron Small Cap Fund (BSCFX; BSFIX), Baron Opportunity Fund (BIOPX; BIOIX), Baron Fifth Avenue Growth Fund (BFTHX; BFTIX), Baron Partners Fund (BPTRX; BPTIX), Baron Focused Growth Fund (BFGFX; BFGIX), Baron Discovery Fund (BDFFX; BDFIX), Baron International Growth Fund (BIGFX; BINIX), Baron Emerging Markets Fund (BEXFX; BEXIX), Baron Global Advantage Fund (BGAFX; BGAIX), Baron Real Estate Fund (BREFX; BREIX), and Baron Energy and Resources Fund (BENFX; BENIX). More information about Baron Funds is available by calling (800) 99-BARON or by visiting www.baronfunds.com. The adviser to Baron Funds is BAMCO, Inc., a subsidiary of Baron Capital Group, Inc.

Investors should consider the investment objectives, risk, and charges and expenses of the investment carefully before investing. Baron Funds are described in prospectuses that contain this and other information about the Funds. You should carefully read the prospectus before investing. You can read, print, or download 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.

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Media:Hewes Communications, Inc.Tucker Hewes, [e-mail]