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MSFT - Baron New Asia Fund Q1 2022 Shareholder Letter
Microsoft Corporation
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 New Asia Fund (the “Fund”) declined 15.24% (Institutional Shares) during the first quarter of 2022.
We believe Russia’s invasion of Ukraine likely enhances the attraction of India from a strategic/geopolitical perspective, and as a candidate for supply-chain diversification/security and foreign direct investment in general.