# EDGAR Filing Document

**Accession Number:** 0001217673
**File Stem:** 0001193125-26-140459
**Filing Date:** 2026-4
**Character Count:** 3042
**Document Hash:** 6f719ffcc9ce7a6b60eed632d31f0f63
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-140459.hdr.sgml**: 20260402

**ACCESSION NUMBER**: 0001193125-26-140459

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 11

**FILED AS OF DATE**: 20260402

**DATE AS OF CHANGE**: 20260402

**EFFECTIVENESS DATE**: 20260402

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BARON SELECT FUNDS
- **CENTRAL INDEX KEY:** 0001217673

**ORGANIZATION NAME:**
- **EIN:** 161651307
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-103025
- **FILM NUMBER:** 26835161

**BUSINESS ADDRESS:**
- **STREET 1:** 767 FIFTH AVE
- **STREET 2:** 49TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10153
- **BUSINESS PHONE:** 2125832000

**MAIL ADDRESS:**
- **STREET 1:** 767 FIFTH AVE
- **STREET 2:** 49TH FL
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10153

## Series and Classes Contracts Data

### Baron Focused Growth Fund (Series ID: S000022521)

---

|  |  |  |
|:---|:---|:---|
| Class Name           | Ticker Symbol | Class ID   |
| Retail Shares        | BFGFX         | C000065146 |
| Institutional Shares | BFGIX         | C000077806 |
| R6 Shares            | BFGUX         | C000174761 |

---

## Series and Classes Contracts Data

### Baron Focused Growth Fund (Series ID: S000022521)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000065146 | Retail Shares        | BFGFX           |
| C000077806 | Institutional Shares | BFGIX           |
| C000174761 | R6 Shares            | BFGUX           |

?xml version='1.0' encoding='ASCII'? Baron Focused Growth Fund

------

#### BARON SELECT FUNDS<sup>®</sup>
**BARON FOCUSED GROWTH FUND<sup>®</sup>**

Supplement to the Summary Prospectus and Prospectus dated April 30, 2025, as supplemented

**Effective June 1, 2026, the principal investment strategies of Baron Focused Growth Fund (the "Fund") are hereby deleted and replaced in their entirety with the following:**

Principal Investment Strategies of the Fund

The Fund is a non-diversified fund that, under normal circumstances, invests primarily in equity securities of U.S. small- and mid-sized growth companies. The Adviser defines small- and mid-sized companies as those, at the time of purchase, with market capitalizations up to the largest market cap stock in the Russell Midcap Growth Index at reconstitution. The Adviser seeks to invest in businesses it believes have significant opportunities for growth, sustainable competitive advantages, exceptional management, and an attractive valuation. Because of its long-term approach, the Fund could have a significant percentage of its assets invested in securities that have appreciated beyond their original market cap ranges, and the Fund may continue to add to its investments in those securities even if their market capitalizations exceed the largest market cap stock in the Russell Midcap Growth Index at reconstitution.

Dated: April 2, 2026 STICKER-STATPROSELECT 4/2/2026