In Q2 2026, the Baron Emerging Markets Fund gained 19.61%, underperforming its benchmark, the MSCI Emerging Markets Index, which rose 24.05%. Key contributors to the fund's performance included SK hynix, Taiwan Semiconductor, Samsung Electronics, Montage Technology, and Delta Electronics. Major detractors were Alibaba Group, ISC Co., BYD Company, Tencent Holdings, and GDS Holdings. This performance reflects the fund's active growth investment strategy focused on emerging markets technology and electronics sectors.
SK hynix has been upgraded to a Buy rating due to its strong long-term agreements (LTAs) that provide five years of demand visibility, stable cash flows, and reduced risks from price swings and cyclical downturns. The company benefits from the AI-dri...
SK Hynix shares fell 4% ahead of its Q3 2026 earnings report due to concerns over currency effects and higher worker bonuses, despite strong demand for memory chips driven by AI and tight supply conditions. Micron Technology's recent results showed s...
