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Ariel Discovery Fund Institutional Class (ADYIX)

8.47
Net Asset Value
-0.59%
1 Day
+2.17%
Year-to-Date
Overall Morningstar Rating
Small blend
Style or Category
No Load
Sales Expenses
1.36%
Expense Ratio
High
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.

Performance

1 month+0.83% 3 years-6.51%
3 months+13.60% 5 years--
1 year-20.85% Since inception+1.72%
Data through --

Peer Comparisonvs. Small blend

 ADYIXCategory
Performance 5-yr return--+6.74%
Expense ratio1.36%1.24%
Risk 5 year sharpe ratio0.010.48
Net assets$32.8M$786.3M
Average market cap$293.1M$2.7B
Average P/E--19.5
Portfolio turnover29%29%

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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--

Holdings

U.S. stock96.85%
Cash3.15%
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
ORBC ORBCOMM Inc6.22%
COWN Cowen Group Inc6.01%
TISI Team Inc4.83%
GAIA Gaiam Inc4.61%
RST Rosetta Stone Inc4.40%
RNWK RealNetworks Inc4.09%
SEAC SeaChange International Inc3.74%
TNAV Telenav Inc3.48%
XOXO XO Group Inc3.40%
BRS Bristow Group Inc3.27%

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