Baron Capital launched five active ETFs, extending its long-term approach of investing in growth companies into the ETF wrapper, according to a Monday press release.
The launch includes the Baron First Principles ETF (RONB), the Baron Global Durable Advantage ETF (BCGD), the Baron SMID Cap ETF (BCSM), the Baron Financials ETF (BCFN) and the Baron Technology ETF (BCTK).
The new active ETFs allow investors to access Baron Capital’s investment philosophy through a structure that can offer benefits including intraday trading and potential tax efficiency, according to the press release. The firm’s investment process focusing on growth companies with competitive advantages and strong management teams remains unchanged.
“Baron Capital has a strong heritage of active management being brought to the ETF market,” said Todd Rosenbluth, head of research at VettaFi. “It is great to see them support the growing number of advisors turning to active ETFs.”
Active ETF Growth
Technology companies represent one investment focus. BCTK invests at least 80% of its assets in U.S. and non-U.S. technology companies across market caps. This includes software, IT services, semiconductors, and internet retail sectors, according to the fund’s prospectus. The fund carries a 0.75% management fee.
Financial services represent another focus area. BCFN targets companies providing banking, lending, capital markets, insurance, payments, and asset management services. Additionally, it invests in fintech companies using technology to innovate in financial services, according to the prospectus. The fund charges an 0.80% management fee.
For investors seeking global exposure, BCGD invests in companies across established and developing countries worldwide. It targets businesses with strong market positions that generate significant cash flows, according to the prospectus. The fund carries a 0.75% management fee.
BCSM covers smaller companies. Those are defined as those with market caps exceeding $1 billion up to the largest stock in the Russell Midcap Growth Index. Additionally, it seeks businesses with growth opportunities and strong market positions, according to the prospectus. The fund charges a 0.75% management fee.
RONB takes a different approach by investing primarily in U.S. growth companies across market caps and can borrow money up to one-third of its assets to take advantage of investment opportunities, according to the prospectus. The fund carries a 1.00% management fee plus interest expense on borrowed funds.
Baron Capital manages $44.3 billion in assets as of November 30, 2025, according to the press release.
For more news, information, and analysis, visit VettaFi | ETF Trends.
Earn free CE credits and discover new strategies
link