Ariel Discovery Fund Institutional Class (ADYIX)

11.69
Net Asset Value
-0.43%
1 Day
+5.41%
Year-to-Date
Overall Morningstar Rating
Small value
Style or Category
No Load
Sales Expenses
1.19%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests in small/micro cap 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. Also- the market capitalizations for the fund's portfolio companies may change over time- and the fund is permitted to invest in (hold and purchase) a company even if its market capitalization moves above $2 billion.

Performance

1 month+6.86% 3 years+3.70%
3 months+6.86% 5 years+2.04%
1 year+13.50% Since inception+5.29%
Data through --

Peer Comparisonvs. Small value

 ADYIXCategory
Performance 5-yr return+2.04%+9.10%
Expense ratio1.19%1.27%
Risk 5 year sharpe ratio0.120.70
Net assets$37.1M$1.0B
Average market cap$278.3M$2.8B
Average P/E--17.7
Portfolio turnover39%39%

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Fund Management and Purchase Info

Fund familyAriel Investments
Fund manager & tenureKenneth Kuhrt / 7 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock97.43%
Cash2.57%
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 Inc5.57%
CNTY Century Casinos Inc4.49%
ORBC ORBCOMM Inc4.46%
RNWK RealNetworks Inc4.42%
TNAV Telenav Inc4.19%
SFE Safeguard Scientifics Inc4.14%
PCTI PCTEL Inc3.69%
CSWC Capital Southwest Corp3.55%
SLCA U.S. Silica Holdings Inc3.50%
RST Rosetta Stone Inc3.43%