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Ariel Appreciation Fund Institutional Class (CAAIX)

55.29
Net Asset Value
0.00%
1 Day
+2.98%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
0.80%
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 $2 billion and $15 billion. It seeks to invest in quality companies in industries in which the Adviser has expertise including the financial services and consumer discretionary sectors. The fund only buys when Ariel believes that these companies are selling at excellent values. It does not invest in companies whose primary source of revenue is derived from the production or sale of tobacco products or the manufacture of handguns.

Performance

1 month-0.70% 3 years+22.75%
3 months-1.58% 5 years--
1 year+9.75% Since inception+21.48%
Data through --

Peer Comparisonvs. Mid-cap blend

 CAAIXCategory
Performance 5-yr return--+15.90%
Expense ratio0.80%1.18%
Risk 5 year sharpe ratio1.081.09
Net assets$2.1B$1.7B
Average market cap$10.8B$7.5B
Average P/E17.819.7
Portfolio turnover24%24%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureJohn Rogers, Jr. / 12 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock95.12%
Cash4.88%
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
SWK Stanley Black & Decker Inc4.71%
FAF First American Financial Corp4.28%
KMT Kennametal Inc4.25%
AFL Aflac Inc4.09%
BRS Bristow Group Inc3.84%
WU Western Union Co3.82%
NTRS Northern Trust3.77%
LAZ Lazard Ltd3.66%
ZBH Zimmer Biomet Holdings Inc3.57%
SJM J M Smucker Co3.45%