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Ariel Appreciation Fund Institutional Class (CAAIX)

48.25
Net Asset Value
+0.27%
1 Day
+6.98%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
0.79%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests in mid-sized undervalued companies that show strong potential for growth. It invests primarily in equity securities of U.S. companies, and the fund generally will have a weighted average market capitalization between $2 billion and $15 billion. The fund seeks to invest in quality companies in industries in which Ariel has expertise. These industries include the financial services and consumer discretionary sectors, in which sectors the fund may invest a significant portion of its assets.

Performance

1 month+8.72% 3 years+7.55%
3 months+1.28% 5 years--
1 year-1.27% Since inception+14.23%
Data through --

Peer Comparisonvs. Mid-cap blend

 CAAIXCategory
Performance 5-yr return--+8.26%
Expense ratio0.79%1.16%
Risk 5 year sharpe ratio0.590.63
Net assets$1.7B$1.6B
Average market cap$10.8B$6.6B
Average P/E15.617.3
Portfolio turnover22%22%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureJohn Rogers / 13 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock94.75%
Cash3.62%
Fixed income1.63%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ZBH Zimmer Biomet Holdings Inc5.21%
AFL Aflac Inc4.81%
LH Laboratory Corporation of America Holdings4.54%
NTRS Northern Trust4.26%
SWK Stanley Black & Decker Inc4.09%
FAF First American Financial Corp4.04%
OMC Omnicom Group Inc3.87%
KMT Kennametal Inc3.85%
SJM J M Smucker Co3.82%
IPG Interpublic Group of Companies Inc3.76%

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