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xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SpaceExplorationTechnologiesCorpCTIMember" xlink:to="label_SpaceExplorationTechnologiesCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_TeslaIncCTIMember" xlink:label="TeslaIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_TeslaIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Tesla, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TeslaIncCTIMember" xlink:to="label_TeslaIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_ArchCapitalGroupLtdCTIMember" xlink:label="ArchCapitalGroupLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_ArchCapitalGroupLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Arch Capital Group Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ArchCapitalGroupLtdCTIMember" xlink:to="label_ArchCapitalGroupLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_HyattHotelsCorpCTIMember" xlink:label="HyattHotelsCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_HyattHotelsCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Hyatt Hotels Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HyattHotelsCorpCTIMember" xlink:to="label_HyattHotelsCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_CoStarGroupIncCTIMember" xlink:label="CoStarGroupIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_CoStarGroupIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CoStar Group, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoStarGroupIncCTIMember" xlink:to="label_CoStarGroupIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_MSCIIncCTIMember" xlink:label="MSCIIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_MSCIIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">MSCI, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MSCIIncCTIMember" xlink:to="label_MSCIIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_TheCharlesSchwabCorpCTIMember" xlink:label="TheCharlesSchwabCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_TheCharlesSchwabCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">The Charles Schwab Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TheCharlesSchwabCorpCTIMember" xlink:to="label_TheCharlesSchwabCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_IDEXXLaboratoriesIncCTIMember" xlink:label="IDEXXLaboratoriesIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_IDEXXLaboratoriesIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">IDEXX Laboratories, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IDEXXLaboratoriesIncCTIMember" xlink:to="label_IDEXXLaboratoriesIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_FactSetResearchSystemsIncCTIMember" xlink:label="FactSetResearchSystemsIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_FactSetResearchSystemsIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">FactSet Research Systems, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FactSetResearchSystemsIncCTIMember" xlink:to="label_FactSetResearchSystemsIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_GartnerIncCTIMember" xlink:label="GartnerIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_GartnerIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Gartner, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GartnerIncCTIMember" xlink:to="label_GartnerIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_Top10TotalCTIMember" xlink:label="Top10TotalCTIMember"/><link:label xlink:type="resource" xlink:label="label_Top10TotalCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Top 10 Total</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Top10TotalCTIMember" xlink:to="label_Top10TotalCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_SpotifyTechnologySACTIMember" xlink:label="SpotifyTechnologySACTIMember"/><link:label xlink:type="resource" xlink:label="label_SpotifyTechnologySACTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Spotify Technology SA</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SpotifyTechnologySACTIMember" xlink:to="label_SpotifyTechnologySACTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_OnHoldingAGCTIMember" xlink:label="OnHoldingAGCTIMember"/><link:label xlink:type="resource" xlink:label="label_OnHoldingAGCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">On Holding AG</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OnHoldingAGCTIMember" xlink:to="label_OnHoldingAGCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_InteractiveBrokersGroupIncCTIMember" xlink:label="InteractiveBrokersGroupIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_InteractiveBrokersGroupIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Interactive Brokers Group, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InteractiveBrokersGroupIncCTIMember" xlink:to="label_InteractiveBrokersGroupIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_XAIHoldingsCorpCTIMember" xlink:label="XAIHoldingsCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_XAIHoldingsCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">X.AI Holdings Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="XAIHoldingsCorpCTIMember" xlink:to="label_XAIHoldingsCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_RedRockResortsIncCTIMember" xlink:label="RedRockResortsIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_RedRockResortsIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Red Rock Resorts, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedRockResortsIncCTIMember" xlink:to="label_RedRockResortsIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_TaiwanSemiconductorManufacturingCoLtdCTIMember" xlink:label="TaiwanSemiconductorManufacturingCoLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_TaiwanSemiconductorManufacturingCoLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Taiwan Semiconductor Manufacturing Co., Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaiwanSemiconductorManufacturingCoLtdCTIMember" xlink:to="label_TaiwanSemiconductorManufacturingCoLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_ArgenxSECTIMember" xlink:label="ArgenxSECTIMember"/><link:label xlink:type="resource" xlink:label="label_ArgenxSECTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">argenx SE</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ArgenxSECTIMember" xlink:to="label_ArgenxSECTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_BNPParibasSACTIMember" xlink:label="BNPParibasSACTIMember"/><link:label xlink:type="resource" xlink:label="label_BNPParibasSACTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">BNP Paribas S.A.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BNPParibasSACTIMember" xlink:to="label_BNPParibasSACTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_LundinMiningCorpCTIMember" xlink:label="LundinMiningCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_LundinMiningCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Lundin Mining Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LundinMiningCorpCTIMember" xlink:to="label_LundinMiningCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_BankofIrelandGroupPLCCTIMember" xlink:label="BankofIrelandGroupPLCCTIMember"/><link:label xlink:type="resource" xlink:label="label_BankofIrelandGroupPLCCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bank of Ireland Group PLC</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankofIrelandGroupPLCCTIMember" xlink:to="label_BankofIrelandGroupPLCCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_DeutscheBankAGCTIMember" xlink:label="DeutscheBankAGCTIMember"/><link:label xlink:type="resource" xlink:label="label_DeutscheBankAGCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Deutsche Bank AG</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeutscheBankAGCTIMember" xlink:to="label_DeutscheBankAGCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_SumitomoMitsuiFinancialGroupIncCTIMember" xlink:label="SumitomoMitsuiFinancialGroupIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_SumitomoMitsuiFinancialGroupIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Sumitomo Mitsui Financial Group, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SumitomoMitsuiFinancialGroupIncCTIMember" xlink:to="label_SumitomoMitsuiFinancialGroupIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_AstraZenecaPLCCTIMember" xlink:label="AstraZenecaPLCCTIMember"/><link:label xlink:type="resource" xlink:label="label_AstraZenecaPLCCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">AstraZeneca PLC</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AstraZenecaPLCCTIMember" xlink:to="label_AstraZenecaPLCCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_MitsubishiUFJFinancialGroupIncCTIMember" xlink:label="MitsubishiUFJFinancialGroupIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_MitsubishiUFJFinancialGroupIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mitsubishi UFJ Financial Group, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MitsubishiUFJFinancialGroupIncCTIMember" xlink:to="label_MitsubishiUFJFinancialGroupIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_JonesLangLaSalleIncCTIMember" xlink:label="JonesLangLaSalleIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_JonesLangLaSalleIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Jones Lang LaSalle, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JonesLangLaSalleIncCTIMember" xlink:to="label_JonesLangLaSalleIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_WelltowerIncCTIMember" xlink:label="WelltowerIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_WelltowerIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Welltower, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WelltowerIncCTIMember" xlink:to="label_WelltowerIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_BrookfieldCorpCTIMember" xlink:label="BrookfieldCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_BrookfieldCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Brookfield Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrookfieldCorpCTIMember" xlink:to="label_BrookfieldCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_CBREGroupIncCTIMember" xlink:label="CBREGroupIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_CBREGroupIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CBRE Group, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CBREGroupIncCTIMember" xlink:to="label_CBREGroupIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_TollBrothersIncCTIMember" xlink:label="TollBrothersIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_TollBrothersIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Toll Brothers, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TollBrothersIncCTIMember" xlink:to="label_TollBrothersIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_PrologisIncCTIMember" xlink:label="PrologisIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_PrologisIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Prologis, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrologisIncCTIMember" xlink:to="label_PrologisIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_CRHPLCCTIMember" xlink:label="CRHPLCCTIMember"/><link:label xlink:type="resource" xlink:label="label_CRHPLCCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">CRH PLC</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CRHPLCCTIMember" xlink:to="label_CRHPLCCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_WynnResortsLtdCTIMember" xlink:label="WynnResortsLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_WynnResortsLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Wynn Resorts Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WynnResortsLtdCTIMember" xlink:to="label_WynnResortsLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_TencentHoldingsLimitedCTIMember" xlink:label="TencentHoldingsLimitedCTIMember"/><link:label xlink:type="resource" xlink:label="label_TencentHoldingsLimitedCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Tencent Holdings Limited</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TencentHoldingsLimitedCTIMember" xlink:to="label_TencentHoldingsLimitedCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_AlibabaGroupHoldingLimitedCTIMember" xlink:label="AlibabaGroupHoldingLimitedCTIMember"/><link:label xlink:type="resource" xlink:label="label_AlibabaGroupHoldingLimitedCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Alibaba Group Holding Limited</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AlibabaGroupHoldingLimitedCTIMember" xlink:to="label_AlibabaGroupHoldingLimitedCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_SamsungElectronicsCoLtdCTIMember" xlink:label="SamsungElectronicsCoLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_SamsungElectronicsCoLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Samsung Electronics Co., Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SamsungElectronicsCoLtdCTIMember" xlink:to="label_SamsungElectronicsCoLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_ContemporaryAmperexTechnologyCoLtdCTIMember" xlink:label="ContemporaryAmperexTechnologyCoLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_ContemporaryAmperexTechnologyCoLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Contemporary Amperex Technology Co. Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContemporaryAmperexTechnologyCoLtdCTIMember" xlink:to="label_ContemporaryAmperexTechnologyCoLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_HDKoreaShipbuildingOffshoreEngineeringCoLtdCTIMember" xlink:label="HDKoreaShipbuildingOffshoreEngineeringCoLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_HDKoreaShipbuildingOffshoreEngineeringCoLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">HD Korea Shipbuilding &amp; Offshore Engineering Co. Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HDKoreaShipbuildingOffshoreEngineeringCoLtdCTIMember" xlink:to="label_HDKoreaShipbuildingOffshoreEngineeringCoLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_BhartiAirtelLtdCTIMember" xlink:label="BhartiAirtelLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_BhartiAirtelLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bharti Airtel Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BhartiAirtelLtdCTIMember" xlink:to="label_BhartiAirtelLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_BajajFinanceLimitedCTIMember" xlink:label="BajajFinanceLimitedCTIMember"/><link:label xlink:type="resource" xlink:label="label_BajajFinanceLimitedCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bajaj Finance Limited</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BajajFinanceLimitedCTIMember" xlink:to="label_BajajFinanceLimitedCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_SKHynixIncCTIMember" xlink:label="SKHynixIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_SKHynixIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">SK Hynix, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SKHynixIncCTIMember" xlink:to="label_SKHynixIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_CredicorpLtdCTIMember" xlink:label="CredicorpLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_CredicorpLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Credicorp, Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpLtdCTIMember" xlink:to="label_CredicorpLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_NVIDIACorpCTIMember" xlink:label="NVIDIACorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_NVIDIACorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">NVIDIA Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NVIDIACorpCTIMember" xlink:to="label_NVIDIACorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_MercadoLibreIncCTIMember" xlink:label="MercadoLibreIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_MercadoLibreIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">MercadoLibre, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MercadoLibreIncCTIMember" xlink:to="label_MercadoLibreIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_ShopifyIncCTIMember" xlink:label="ShopifyIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_ShopifyIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Shopify, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShopifyIncCTIMember" xlink:to="label_ShopifyIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_AmazoncomIncCTIMember" xlink:label="AmazoncomIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_AmazoncomIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Amazon.com, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmazoncomIncCTIMember" xlink:to="label_AmazoncomIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_CoupangIncCTIMember" xlink:label="CoupangIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_CoupangIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Coupang, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoupangIncCTIMember" xlink:to="label_CoupangIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_EternalLtdCTIMember" xlink:label="EternalLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_EternalLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Eternal Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EternalLtdCTIMember" xlink:to="label_EternalLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_VentasIncCTIMember" xlink:label="VentasIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_VentasIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Ventas, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VentasIncCTIMember" xlink:to="label_VentasIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_SimonPropertyGroupIncCTIMember" xlink:label="SimonPropertyGroupIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_SimonPropertyGroupIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Simon Property Group, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SimonPropertyGroupIncCTIMember" xlink:to="label_SimonPropertyGroupIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_EastGroupPropertiesIncCTIMember" xlink:label="EastGroupPropertiesIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_EastGroupPropertiesIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">EastGroup Properties, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EastGroupPropertiesIncCTIMember" xlink:to="label_EastGroupPropertiesIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_MacerichCoCTIMember" xlink:label="MacerichCoCTIMember"/><link:label xlink:type="resource" xlink:label="label_MacerichCoCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Macerich Co.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MacerichCoCTIMember" xlink:to="label_MacerichCoCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_EquinixIncCTIMember" xlink:label="EquinixIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_EquinixIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Equinix, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquinixIncCTIMember" xlink:to="label_EquinixIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_AmericanTowerCorpCTIMember" xlink:label="AmericanTowerCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_AmericanTowerCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">American Tower Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmericanTowerCorpCTIMember" xlink:to="label_AmericanTowerCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_EliLillyCoCTIMember" xlink:label="EliLillyCoCTIMember"/><link:label xlink:type="resource" xlink:label="label_EliLillyCoCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Eli Lilly &amp; Co.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EliLillyCoCTIMember" xlink:to="label_EliLillyCoCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_ThermoFisherScientificIncCTIMember" xlink:label="ThermoFisherScientificIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_ThermoFisherScientificIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Thermo Fisher Scientific, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThermoFisherScientificIncCTIMember" xlink:to="label_ThermoFisherScientificIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_InsmedIncCTIMember" xlink:label="InsmedIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_InsmedIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Insmed, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsmedIncCTIMember" xlink:to="label_InsmedIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_AbbVieIncCTIMember" xlink:label="AbbVieIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_AbbVieIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">AbbVie, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbbVieIncCTIMember" xlink:to="label_AbbVieIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_MettlerMinusToledoInternationalIncCTIMember" xlink:label="MettlerMinusToledoInternationalIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_MettlerMinusToledoInternationalIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Mettler-Toledo International, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MettlerMinusToledoInternationalIncCTIMember" xlink:to="label_MettlerMinusToledoInternationalIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_IntuitiveSurgicalIncCTIMember" xlink:label="IntuitiveSurgicalIncCTIMember"/><link:label xlink:type="resource" xlink:label="label_IntuitiveSurgicalIncCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Intuitive Surgical, Inc.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntuitiveSurgicalIncCTIMember" xlink:to="label_IntuitiveSurgicalIncCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_BostonScientificCorpCTIMember" xlink:label="BostonScientificCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_BostonScientificCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Boston Scientific Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BostonScientificCorpCTIMember" xlink:to="label_BostonScientificCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_DanaherCorpCTIMember" xlink:label="DanaherCorpCTIMember"/><link:label xlink:type="resource" xlink:label="label_DanaherCorpCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Danaher Corp.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DanaherCorpCTIMember" xlink:to="label_DanaherCorpCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_HDFCBankLtdCTIMember" xlink:label="HDFCBankLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_HDFCBankLtdCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">HDFC Bank Ltd.</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HDFCBankLtdCTIMember" xlink:to="label_HDFCBankLtdCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_BhartiAirtelLtdPPCTIMember" xlink:label="BhartiAirtelLtdPPCTIMember"/><link:label xlink:type="resource" xlink:label="label_BhartiAirtelLtdPPCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Bharti Airtel Ltd. PP</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BhartiAirtelLtdPPCTIMember" xlink:to="label_BhartiAirtelLtdPPCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_RelianceIndustriesLimitedCTIMember" xlink:label="RelianceIndustriesLimitedCTIMember"/><link:label xlink:type="resource" xlink:label="label_RelianceIndustriesLimitedCTIMember" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en-US">Reliance Industries Limited</link:label><link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelianceIndustriesLimitedCTIMember" xlink:to="label_RelianceIndustriesLimitedCTIMember" priority="1"/><link:loc xlink:type="locator" xlink:href="#baroncapitalmgmt_PrecisionWiresIndiaLtdCTIMember" xlink:label="PrecisionWiresIndiaLtdCTIMember"/><link:label xlink:type="resource" xlink:label="label_PrecisionWiresIndiaLtdCTIMember" 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