Ariel Focus Fund is a non-diversified fund and therefore may be subject to greater volatility than a more diversified investment. Investing in mid-cap stocks is more risky and more volatile than investing in large cap stocks.  

Performance data quoted represents past performance.  Past performance does not guarantee future results. All performance assumes the reinvestment of dividends and capital gains. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Click here for the standardized performance information and total annual fund operating expense ratio for the Ariel Focus Fund for the period ended September 30, 2008. For performance data current to the most recent month-end for Ariel Focus Fund click here.

The opinions expressed during this interview were current as of August 31, 2008 and are subject to change. The interview was conducted by Ticker and candidly discusses investment strategies, economic and market conditions, individual funds, securities and sectors. This information should not be considered an offer for any of the funds, securities or sectors referenced. There is no guarantee that our statements, opinions or forecasts will prove to be correct. These comments also may include the expression of opinions that are speculative in nature and should not be relied on as statements of fact. Our views and opinions regarding the investment prospects of our portfolio holdings include "forward looking statements" which may or may not be accurate over the long term. While we believe we have a reasonable basis for our appraisals and we have confidence in our opinions, actual results may differ materially from those we anticipate. Not all investments will be profitable. Equity markets are volatile and an investor may lose money. The information and opinions provided in this interview do 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 fund or security.

The performance of any single portfolio holding is no indication of the performance of other portfolio holdings of Ariel Focus Fund or of the performance of the Fund itself. Click here for the holdings details of the Ariel Focus Fund.

Investors should consider carefully the investment objectives, risks, and charges and expenses before investing. For a current 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 prospectus carefully before investing. Distributed by Ariel Distributors, LLC.