Ariel Appreciation Fund Investor Class (CAAPX)

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-1.79% 3 years+13.52%
3 months-2.45% 5 years+23.74%
1 year+24.68% Since inception+11.37%
Data through --

Peer Comparisonvs. Mid-cap blend

Performance 5-yr return+23.74%+22.97%
Expense ratio1.13%1.23%
Risk 5 year sharpe ratio1.251.28
Net assets$2.1B$2.0B
Average market cap$9.2B$7.3B
Average P/E18.319.8
Portfolio turnover28%28%

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Fund Management and Purchase Info

Fund familyAriel Investments, LLC
Fund manager & tenureJohn Rogers, Jr. / 11 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00


U.S. stock96.26%
International stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Financial service 27.42%
Media 18.60%
Healthcare 13.58%
Consumer service 13.05%
Business service 9.50%
Top 10 Holdings
Portfolio weighting
LAZ Lazard Ltd4.45%
WU Western Union Company4.32%
FAF First American Financial Corp3.97%
SWK Stanley Black & Decker Inc3.47%
BRS Bristow Group, Inc.3.44%
IPG Interpublic Group of Companies, Inc3.31%
NTRS Northern Trust Corporation3.26%
IGT International Game Technology3.17%
HSP Hospira, Inc.3.16%
AFL Aflac Inc3.08%

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