Baron Emerging Markets Fund New Portfolio Holding: Rasan Information Technology Company

8313.SR: Rasan is Saudi Arabia’s leading digital insurance and financial-services marketplace, with deep integrations across insurers, regulators and financing partners supporting lower customer-acquisition costs, better pricing and underwriting, and higher switching costs. Its dominant retail motor and motor-leasing insurance positions should benefit from Vision 2030-driven digitization, while low insurance penetration and expansion into health, home, finance aggregation and other products provide a long growth runway.

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