The Baron FinTech Fund is managed by Josh Saltman, who has over 15 years of experience at Baron Capital since joining in 2011. The fund was originally launched on December 31, 2019, and converted to the Baron Financial ETF (BCFN) on December 15, 2025, reducing expenses from 1.56% to 0.80%. With approximately $71.05 million in assets under management at conversion, the fund maintains a concentrated portfolio of 47 positions focused on financial technology companies. The conversion to ETF structure provides improved liquidity while maintaining the same active management approach and investment strategy.

Read More

Baron Capital's investment philosophy centers on long-term investments in secular growth businesses with durable competitive advantages that are run by great management teams. The FinTech Fund specifically focuses on companies that develop, use, or rely on innovative technologies or services in banking, lending, capital markets, financial data analytics, insurance, payments, asset management, or wealth management. The fund employs a bottom-up portfolio construction approach based on conviction about future growth prospects, with idea generation from portfolio managers and analysts with deep industry expertise. Risk management is deeply embedded in the culture, focusing on avoiding permanent loss of capital while pursuing above-average, long-term, risk-adjusted results.

Read More