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Ariel Discovery Fund Investor Class (ARDFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Small value
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 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.


1 month+3.02% 3 years+0.68%
3 months+6.65% 5 years+4.64%
1 year+6.75% Since inception+3.48%
Data through --

Peer Comparisonvs. Small value

Performance 5-yr return+4.64%+12.32%
Expense ratio1.94%1.29%
Risk 5 year sharpe ratio0.340.94
Net assets$38.4M$1.1B
Average market cap$294.0M$3.1B
Average P/E--20.8
Portfolio turnover39%39%

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Fund Management and Purchase Info

Fund familyAriel Investments
Fund manager & tenureKenneth Kuhrt / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


U.S. stock95.75%
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
RNWK RealNetworks Inc5.68%
COWN Cowen Inc5.18%
RST Rosetta Stone Inc5.14%
CNTY Century Casinos Inc5.03%
XOXO XO Group Inc3.82%
FAF First American Financial Corp3.71%
TNAV Telenav Inc3.43%
KIN Kindred Biosciences Inc3.30%
CSWC Capital Southwest Corp3.08%