BCSM Baron SMID Cap ETF

About this ETF

Baron SMID Cap ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in small- and mid-cap growth companies. It targets high-quality businesses with strong competitive advantages, exceptional management teams, and significant growth potential, spanning emerging scalable firms and more established enterprises. The portfolio emphasizes sectors such as information technology, industrials, health care, and consumer discretionary, with key holdings in areas like aerospace and defense, application software, systems software, life sciences tools, and health care equipment. Managed through a disciplined, research-intensive process, the ETF balances exposure across moderate and higher growth profiles while aligning sector weights closely to benchmarks to manage risk. It incorporates a thematic approach focused on fast-growing fields including medical devices, cybersecurity, software-as-a-service, and the internet. Launched in December 2025, Baron SMID Cap ETF provides investors access to SMID-cap opportunities via an active, risk-managed strategy designed to capture growth while navigating market inefficiencies in this volatile segment.