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VLD - Baron Focused Growth Fund Q1 2022 Shareholder Letter
Velo3D Inc.
Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing.
Baron Focused Growth Fund (the “Fund”) declined 8.03% (Institutional Shares) in the quarter ended March 31, 2022.
After wars, pandemics, higher than normal inflation and significant market declines, in the past equity stock prices have increased substantially.