Ariel Discovery Fund Institutional Class (ADYIX)

13.41
Net Asset Value
+0.45%
1 Day
-2.47%
Year-to-Date
Overall Morningstar Rating
Small blend
Style or Category
No Load
Sales Expenses
1.73%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests in small-sized companies that are selling at deep discounts to their intrisic value. It invests primarily in equity securities of U.S. companies with market capitalizations under $2 billion, measured at the time of initial purchase. The fund seeks to invest in companies which trade at low price-to-book ratios and also have strong balance sheets. It does not invest in corporations whose primary source of revenue is derived from the production or sale of tobacco products or the manufacture of handguns.

Performance

1 month-2.40% 3 years--
3 months-3.39% 5 years--
1 year+17.67% Since inception+21.11%
Data through --

Peer Comparisonvs. Small blend

 ADYIXCategory
Performance 5-yr return--+24.08%
Expense ratio1.73%1.31%
Risk 5 year sharpe ratio--1.25
Net assets$61.2M$907.1M
Average market cap$452.3M$2.7B
Average P/E26.120.1
Portfolio turnover31%31%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureKenneth Kuhrt / 3 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock91.35%
Cash8.65%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
MCF Contango Oil & Gas Company6.09%
COWN Cowen Group, Inc.4.57%
ORBC ORBCOMM, Inc.4.54%
FAF First American Financial Corp4.45%
EAC Erickson Air-Crane Inc4.22%
ISCA International Speedway Corporation Class A3.91%
RTK Rentech Inc.3.88%
IMN Imation Corporation3.44%
PCO Pendrell Corp Class A3.42%
LNDC Landec Corporation3.11%

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