BARON CAPITAL FUNDS
BARON CAPITAL ASSET FUND
INSURANCE SHARES
SUPPLEMENT TO THE PROSPECTUS
The following supplements the prospectus of Baron Capital Asset Fund,
Insurance Shares, dated August 1998. The following language replaces the last
sentence contained on page 22, the last sentence of the prospectus:
The Trust's fiscal year ends December 31.
The date of this supplement is September 28, 1998.
PLEASE KEEP THIS SUPPLEMENT FOR FURTHER REFERENCE.
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BARON CAPITAL FUNDS
BARON CAPITAL ASSET FUND
RETIREMENT SHARES
SUPPLEMENT TO THE PROSPECTUS
The following supplements the prospectus of Baron Capital Asset Fund,
Retirement Shares, dated August 1998. The following language replaces the last
sentence contained on page 21, the last sentence of the prospectus:
The Trust's fiscal year ends December 31.
The date of this supplement is September 28, 1998.
PLEASE KEEP THIS SUPPLEMENT FOR FURTHER REFERENCE.
