Ariel Fund Institutional Class (ARAIX)

71.03
Net Asset Value
-1.51%
1 Day
-1.10%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
0.72%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests primarily in equity securities of U.S. companies and the fund generally will have a weighted average market capitalization between $1 billion and $7.5 billion. It seeks to invest in quality companies in industries in which Ariel Investments, LLC ("Ariel" or the "Adviser") has expertise including the financial services and consumer discretionary sectors. The fund 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-0.41% 3 years+21.40%
3 months+7.30% 5 years--
1 year+17.48% Since inception+24.90%
Data through --

Peer Comparisonvs. Mid-cap blend

 ARAIXCategory
Performance 5-yr return--+14.77%
Expense ratio0.72%1.23%
Risk 5 year sharpe ratio0.870.96
Net assets$2.4B$1.7B
Average market cap$4.6B$7.2B
Average P/E20.018.9
Portfolio turnover29%29%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureJohn Rogers, Jr. / 28 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock96.19%
Cash3.81%
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
FAF First American Financial Corp3.72%
KKR KKR & Co LP3.51%
LAZ Lazard Ltd3.44%
GCI Gannett Co Inc3.40%
WU Western Union Co3.35%
JLL Jones Lang LaSalle Inc3.27%
RCL Royal Caribbean Cruises Ltd3.25%
SJM JM Smucker Co3.24%
BRC Brady Corp Class A3.21%
CBG CBRE Group Inc3.19%

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