JOINT INSURED AGREEMENT
This Agreement, as of November 6, 2006, is among all parties named as an
insured in a joint insurance bond entered into pursuant to Sec. 17(g) of the
Investment Company Act of 1940, as amended.
The parties hereto agree that in the event recovery is received under the
aforesaid bond as a result of a loss sustained by the registered management
investment company and one or more other named insureds, the registered
management investment company shall receive an equitable and proportionate share
of the recovery, but at least equal to the amount which it would have received
had it provided and maintained a single insured bond with the minimum coverage
required.
Baron Investment Funds Trust and all series thereof
By:
/s/ Xxxxx X. Xxxxxxxxx
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Baron Capital Funds Trust and all series thereof
By:
/s/ Xxxxx Xxxx
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Baron Select Funds and all series thereof
By:
/s/ Xxxxxx Xxxxx
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