Ariel Discovery Fund Institutional Class (ADYIX)

11.43
Net Asset Value
-0.35%
1 Day
-5.22%
Year-to-Date
Overall Morningstar Rating
Small blend
Style or Category
No Load
Sales Expenses
1.73%
Expense Ratio
High
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 intrinsic 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 that trade at low price-to-book ratios and also have strong balance sheets. It does not invest in companies whose primary source of revenue is derived from the production or sale of tobacco products or the manufacture of handguns.

Performance

1 month-3.45% 3 years+7.00%
3 months-5.05% 5 years--
1 year-12.36% Since inception+11.31%
Data through --

Peer Comparisonvs. Small blend

 ADYIXCategory
Performance 5-yr return--+14.61%
Expense ratio1.73%1.28%
Risk 5 year sharpe ratio--0.88
Net assets$43.5M$892.7M
Average market cap$379.7M$2.8B
Average P/E29.421.0
Portfolio turnover36%36%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureKenneth Kuhrt / 4 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock96.17%
Cash3.83%
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
COWN Cowen Group Inc6.54%
ORBC ORBCOMM Inc5.85%
MCF Contango Oil & Gas Co4.82%
XOXO XO Group Inc4.79%
FAF First American Financial Corp4.70%
PCO Pendrell Corp4.23%
CSWC Capital Southwest Corp3.63%
PCTI PCTEL Inc3.32%
RNWK RealNetworks Inc3.20%
RST Rosetta Stone Inc3.13%

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