In the October issue of The No-Load Fund Investor, editor and publisher Mark Salzinger, interviews John W. Rogers, Jr., Founder and Chief Investment Officer of Ariel Investments, LLC.

This article was written by The No-Load Fund Investor and candidly discusses individual securities. The information contained in the article is not guaranteed as to its accuracy or completeness. This material should not be considered an offer for any of the securities referenced. The opinions expressed in this article were as of the date of the reprint but are subject to change. The information provided in this reprint does not provide information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. The article discusses a number of stocks held in various Ariel portfolios. These stocks do not represent all of the holdings in any portfolio. Portfolio holdings are subject to change. The performance of a single portfolio holding is no indication of the performance of the other portfolio holdings or of the portfolios themselves. 

Performance data quoted is past performance and does not guarantee future results. The performance stated in this article assumes the reinvestment of dividends and capital gains. We caution shareholders that we can never predict or assure future returns on investments. The investment return and principal value of an investment will fluctuate over time so that your shares, when redeemed, may be worth more or less than their original cost. The extraordinary performance shown for the short-term periods may not be sustainable and is not representative of the performance over longer periods. Click on the following link for the expense ratio and the standardized performance current to the most recent quarter and month-end periods for Ariel Fund and Ariel Appreciation Fund. Investing in small and mid cap stocks is more risky and volatile than investing in large cap stocks.

Click here for portfolio holdings information for Ariel Fund and Ariel Appreciation Fund.

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Investors should consider carefully the investment objectives, risks, and charges and expenses before investing. For a current summary prospectus or full prospectus which contains this and other information about the funds offered by Ariel Investment Trust, call us at 800-292-7435 or click here. Please read the summary prospectus or full prospectus carefully before investing. Distributed by Ariel Distributors, LLC, a wholly-owned subsidiary of Ariel Investments, LLC.