Baron Emerging Markets Select ETF (BCEM) Stock Price, Quote, News & History | Benzinga

To pursue its objective, The Fund is a non-diversified fund that, under normal circumstances, invests at least 80 percent of its net assets in equity securities of growth companies domiciled, headquartered or whose primary business activities or principal trading markets are in developing countries. A developing country is a country included in the MSCI Emerging Markets (EM) Index and other countries determined by the Adviser to be developing countries based on classifications made by the International Monetary Fund or on country characteristics similar to those of the countries in the EM Index. The Fund may invest up to 20 percent of its net assets in developed countries and in frontier countries as defined by the MSCI Frontier Markets (FM) Index. The Funds investments will be in at least three different countries. The Fund may purchase securities of companies of any market capitalization. The Adviser seeks to invest in businesses it believes have significant opportunities for growth, sustainable competitive advantages, exceptional management, and an attractive valuation.