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2023 Barron’s Roundtable Midyear Report Card

Barron's published their midyear Roundtable Report Card featuring Ariel Global Equities Chief Investment Officer Rupal Bhansali’s January 2023 stock picks.

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In this article, Rupal Bhansali mentions various specific stocks. One or more of the stocks mentioned were, as of the date of this communication, and may currently be held in Ariel International Fund and/or Ariel Global Fund. Any holdings mentioned do not constitute all holdings in a Fund. Portfolio holdings are subject to change. The performance of any single portfolio holding is no indication of the performance of other portfolio holdings nor of the Ariel International Fund or Ariel Global Fund. See current holdings information for Ariel International Fund by clicking hereSee current holdings information for Ariel Global Fund. See the Products section of our website for all current product holdings.

Past performance does not guarantee future results. Investing in equity stocks is risky and subject to the volatility of the markets. A growth investment strategy seeks stocks that are deemed to have above-average growth potential. Growth stocks offer an established track record and are perceived to be less risky than value stocks. A value investment strategy seeks undervalued stocks that show a strong potential for growth. The intrinsic value of the stocks in which a value strategy invests may be based on incorrect assumptions or estimations, may be affected by declining fundamentals or external forces, and may never be recognized by the broader market. Investments in foreign securities may underperform and may be more volatile because of the risks involving foreign economies and markets, foreign political systems, foreign regulatory standards, foreign currencies and taxes.

Investors should carefully consider 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 of full prospectus carefully before investing. Distributed by Ariel Distributors, LLC, a wholly-owned subsidiary of Ariel Investments, LLC. Ariel Distributors, LLC is a member of the Securities Investor Protection Corporation.