August 19, 2013
The Ariel Mid Cap Value Wrap Product is recognized as a top performer.
This list was prepared by InvestmentNews. The information contained in this list is not guaranteed as to its accuracy or completeness. The information contained in this list is current as of the date of the reprint. The information provided does not provide information reasonably sufficient upon which to base an investment decision. Peer data show is Envestnet data from the PrimaGuide research application. PrimaGuide SMA universe is not intended to be all-inclusive but rather represents a diversified group of products that are available to, and suitable for, the affluent retail investor. Its accuracy and completeness is limited in that it relies upon voluntary self-reporting by the industry.
Investing in mid-cap stocks is more risky and more volatile than investing in large cap stocks.
Note: Past performance does not guarantee future results. Investing in mid-sized companies is more risky and more volatile than investing in large companies.
Performance results reflect the reinvestment of dividends and other earnings. Performance results are presented net of total wrap fees below and “pure” gross in the article. “Pure” gross returns do not reflect the deduction of any fees or expenses, including trading costs. “Pure” gross returns are supplemental to net returns. Net returns reflect the deduction of the maximum total wrap fee, which is currently 3.00% per annum. The total wrap fee includes all charges for trading costs, portfolio management, custody and other administrative fees. Actual fees may vary depending on, among other things, the applicable fee schedule and portfolio size. Returns longer than 1 year are annualized. The annualized return is equivalent to the annual return which, if earned in each year of the indicated multi-year period, would produce the actual cumulative return over the time period. Results are reported in U.S. dollars. For the period ended 06/30/13, the performance (net of fees) of the Ariel Mid Cap Value Wrap Composite for the 1, 3 and 5 year periods was +28.77%, +17.82% and +9.45%, respectively. For the period ended 06/30/13, the performance of the Russell Midcap® Value Index and the Russell Midcap® Index for the 1, 3 and 5 year periods was +27.65%, +19.53% and +8.87% and +25.41%, +19.53% and +8.28%, respectively.
Ariel Investments, LLC is a money management firm headquartered in Chicago, Illinois. Taking a long-term view and applying independent thinking to our investment decisions, we span the market cap spectrum from micro to large and cover the globe with our international and global offerings. The Ariel Mid Cap Value Wrap Composite seeks long-term capital appreciation by investing in mid-sized undervalued companies that show strong potential for growth. The Ariel Mid Cap Value Wrap Composite differs from its benchmark, the Russell Midcap Value Index, with holdings concentrated in fewer sectors.
The Russell Midcap Value Index measures the performance of the mid-cap value segment of the U.S. equity universe. It includes those Russell Midcap Index companies with lower price-to-book ratios and lower forecasted growth values. The Russell Midcap Index measures the performance of the mid-cap segment of the U.S. equity universe. The Russell Midcap Index is a subset of the Russell 1000® Index. It includes approximately 800 of the smallest securities based on a combination of their market cap and current index membership. The Russell Midcap Index represents approximately 27% of the total market capitalization of the Russell 1000 companies. Russell® is a trademark of Russell Investment Group, which is the source and owner of the Russell Indexes’ trademarks, service marks and copyrights.