Ariel Fund named to Kiplinger's list of funds that excel at ESG investing.
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This reprint represents an article written by Kiplinger’s Personal Finance. ©2018 by the Kiplinger Washington Editors Inc. 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 utterance but are subject to change. 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.
Investing in equity stocks is risky and subject to the volatility of the markets. Investing in small- and mid-cap stocks is more risky and 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. The Fund is often concentrated in fewer sectors than its benchmarks, and its performance may suffer if these sectors underperforms the overall stock market. Ariel Fund pursues long-term capital appreciation by investing in small/mid-sized undervalued companies that show strong potential for growth.
Performance data quoted represent past performance. Past performance does not guarantee future results. All performance assume 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 expense ratio and standardized performance data current to the most recent quarter- and month-end periods for Ariel Fund.
The various asset classes discussed by in the article have different risks and benefits. Bonds are fixed income securities in that at the time of the purchase of a bond, the amount and timing of income payments are known. Bonds are subject to credit risk and interest rate risk, both of which may affect a bond’s investment value by resulting in lower bond prices or an eventual decrease in income.
The article references stocks which may be, or may have been, held in Ariel Fund. Portfolio holdings are subject to change. Click here for the current schedule of holdings for Ariel Fund. As of 9/30/18, Ariel Fund held the following position referenced: International Speedway 1.1%. 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.
The 5.8%, 9.6% and 9.5% returns for Ariel Fund quoted in the article represents the return for the periods from 10/12/17, 10/12/15, and 10/12/13 to 10/12/18. During those periods, the return for the Russell 2500™ Value Index and the S&P 500® Index stock index were 2.11%, 9.66%, 8.14%, and 10.58%, 13.42%, and 12.48%, respectively.
Indices are unmanaged, and an investor cannot invest directly in an index. The Russell 2500™ Value Index measures the performance of the small to mid-cap value segment of the U.S. equity universe (Russell 2500 companies with lower price-to-book ratios and lower forecasted growth values). The S&P 500® Index is the most widely accepted barometer of large-cap U.S. equities. It includes 500 leading companies.
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.