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Ariel Discovery Fund Institutional Class (ADYIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small blend
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests in small/micro-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. Over time, the market capitalizations for the fund's portfolio companies may change. This means that the fund could continue to invest in a company if its capitalization were to exceed $2 billion.


1 month+0.29% 3 years-5.23%
3 months+13.27% 5 years+5.04%
1 year+39.41% Since inception+5.31%
Data through --

Peer Comparisonvs. Small blend

Performance 5-yr return+5.04%+13.52%
Expense ratio1.36%1.22%
Risk 5 year sharpe ratio0.380.98
Net assets$39.9M$958.1M
Average market cap$324.5M$2.9B
Average P/E--22.2
Portfolio turnover45%45%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureKenneth Kuhrt / 5 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--


U.S. stock94.53%
International stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
COWN Cowen Group Inc5.42%
RST Rosetta Stone Inc5.10%
RNWK RealNetworks Inc5.05%
CNTY Century Casinos Inc4.00%
TNAV Telenav Inc3.93%
TISI Team Inc3.76%
BRKS Brooks Automation Inc3.59%
PCO Pendrell Corp3.26%
BRS Bristow Group Inc3.15%