January 2, 2017
An in-depth interview with Charlie Bobrinskoy about the patient investment philosophy and disciplined process behind Ariel Focus Fund.
This article was written by The Wall Street Transcript. The information contained in the excerpt 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 current at the time of publication. 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.
Ariel Focus Fund is a non-diversified fund and therefore may be subject to greater volatility than a more diversified investment. Investing in equity stocks is risky and subject to the volatility of the markets. Investing in small cap and mid-cap stocks is more risky and more volatile than investing in large cap stocks. The intrinsic value of the stocks in which the Fund invests may never be recognized by the broader market.
In this article, Charlie Bobrinskoy discusses a number of stocks held in Ariel Focus Fund at the time of his interview. These stocks do not represent all of the holdings in the Fund. Portfolio holdings are subject to change. The performance of any single portfolio holding is no indication of the performance of the other holdings of the Fund or of the Fund itself. See current holdings information for Ariel Focus Fund by clicking here.
Past performance does not guarantee future results. Morningstar, Inc. is a nationally recognized organization that reports performance and calculates rankings for mutual funds. Each fund is ranked relative to all funds in the same category. Rankings are based on total returns. The rankings above are for the Investor Class. Rankings for the Institutional Class will differ. As quoted in the article, for the year-to-date period ended November 18, 2016, Ariel Focus Fund ranked 53 out of 1,211 among funds in the Large Value category. For the period ended 6/30/2018, Ariel Focus Fund ranked 364 out of 1,273, 724 out of 951, and 478 out of 686 among the funds in the Large Value category for the one‐, five‐ and ten‐year periods. Total returns (on which the rankings are based) would have been lower if certain fees and expenses had not been reduced during these periods.
© 2018 Morningstar, Inc. All Rights Reserved. The ranking information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
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. Ariel Distributors, LLC is a member of the Securities Investor Protection Corporation.