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Baron Emerging Markets

Manager Michael Kass favors fast-growing businesses with sustainable competitive advantages and a high return on invested capital (a measure of profitability).

Symbol: BEXFXExpense Ratio: 1.38%

Baron Emerging Markets invests in growth companies of all sizes in emerging economies.

Manager Michael Kass favors fast-growing businesses with sustainable competitive advantages and a high return on invested capital (a measure of profitability). Lately, he’s found opportunities in Indian money-management firms and Chinese tech firms.

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