Emerging markets (EM) continue to attract investor attention after the asset class significantly outperformed U.S. and global stocks in 2025 and Q1 2026. Baron Emerging Markets Select ETF (BCEM), by contrast, offers an active, forward-looking approach to EM investing. Key Takeaways:Uses an active, forward-looking approach to invest in secular and structural growth opportunities before they are fully reflected in market prices. A Forward-Looking FrameworkBCEM combines Baron Capital’s bottom-up, fundamental research approach with forward-looking theme identification to focus on high-impact growth opportunities. “Anticipating these opportunities before valuations adjust—and capturing the associated earnings potential—requires a forward-looking active approach rather than a reactive one.”