Ariel Appreciation Fund Institutional Class (CAAIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
Expense Ratio
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 businesses are selling at excellent values. It 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.


1 month-4.60% 3 years--
3 months-4.65% 5 years--
1 year+6.54% Since inception+23.11%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return--+14.91%
Expense ratio0.80%1.24%
Risk 5 year sharpe ratio0.900.96
Net assets$1.9B$1.8B
Average market cap$9.5B$7.3B
Average P/E17.719.8
Portfolio turnover28%28%

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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--


U.S. stock94.97%
Fixed income0.07%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
FAF First American Financial Corp4.55%
BRS Bristow Group Inc4.41%
WU Western Union Co4.29%
SWK Stanley Black & Decker Inc4.16%
NTRS Northern Trust Corp3.60%
LAZ Lazard Ltd3.60%
BEN Franklin Resources Inc3.51%
ZMH Zimmer Holdings Inc3.44%
SJM JM Smucker Co3.38%
IPG Interpublic Group of Companies, Inc3.35%

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