Recorded October 28, 2020
The Portfolio Manager Conference Call you are about to view is intended for use by institutional investors or individual investors with their financial advisors. The replay highlights information about the separately managed account strategies offered by Ariel Investments, LLC. These strategies are available to institutional clients, including public and private retirement plans, union plans, foundations and endowment funds, and high net worth individuals. Advisory services provided and the fees charged will vary depending upon the nature of the account under management. The performance of the Ariel Investments mutual funds will differ from the performance of the strategies discussed in this replay. Investors should consult their financial advisors before making any investment decisions. Past performance does not guarantee future results.
The information in this presentation 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 opinions and forecasts were current as of the date of this presentation but are subject to change. Any specific securities identified and discussed in this presentation do not represent all of the securities purchased or sold for the firm's clients. Portfolio holdings are subject to change. The securities discussed do not represent an entire portfolio and in the aggregate may represent only a small percentage of portfolio holdings of a composite. The performance of any single portfolio holding or sector is no indication of the performance of other portfolio holdings or sectors of a composite. See current holdings information for Ariel's portfolios on this web site.
A growth investment strategy seeks stocks that are deemed to have superior 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.