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Mutual Funds
Ariel Fund
Invests in high quality, undervalued small- and medium-sized companies
Ariel Appreciation Fund
Invests in high quality, undervalued medium-sized companies
Ariel Focus Fund
Invests in a concentrated number of high quality, undervalued companies across all market capitalization ranges
Ariel International Fund
Invests in undervalued, quality franchises in overseas markets with an intrinsic value approach
Ariel Global Fund
Invests in undervalued, quality franchises in markets around the world with an intrinsic value approach
Separate Accounts
Ariel Small Cap Value
Invests in high quality, undervalued small companies
Ariel Small/Mid Cap Value
Invests in high quality, undervalued small- and medium-sized companies
Ariel Mid Cap Value
Invests in high quality, undervalued medium-sized companies
Ariel Focused Value
Invests in a concentrated number of high quality, undervalued companies across all market capitalization ranges
Ariel Micro-Cap Value
Invests in deeply undervalued micro-cap companies
Ariel Small Cap Deep Value
Invests in deeply undervalued small companies
Ariel International (DM)
Invests in undervalued, quality franchises in overseas markets with an intrinsic value approach
Ariel International (DM/EM)
Invests in undervalued, quality franchises in overseas and emerging markets with an intrinsic value approach
Ariel Global
Invests in undervalued, quality franchises in markets around the world with an intrinsic value approach
Ariel Global Concentrated
Invests in undervalued, quality franchises in markets around the world with an intrinsic value approach and concentrated positions
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Ariel Investments Home
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Reports and Forms
Prospectus, Reports & Fact Sheets
Applications & Forms
Shareholder Account Maintenance
Prospectus, Reports & Fact Sheets
Summary Prospectuses
Ariel Fund Summary Prospectus
Ariel Appreciation Fund Summary Prospectus
Ariel Focus Fund Summary Prospectus
Ariel International Fund Summary Prospectus
Ariel Global Fund Summary Prospectus
Full Prospectus & Statement of Additional Information
Ariel Investment Trust Prospectus 02/01/2020
Ariel Investment Trust Statement of Additional Information (SAI) 02/01/2020
Fund Reports
Quarterly performance update and portfolio manager letters
Ariel Investment Trust Quarterly Report 12/31/19
Ariel Investment Trust Annual Report 09/30/19
Ariel Investment Trust Quarterly Report 06/30/19
Ariel Investment Trust Semi-Annual Report 03/31/19
Fact Sheets
Ariel Fund Fact Sheet - 4Q19
Ariel Appreciation Fund Fact Sheet - 4Q19
Ariel Focus Fund Fact Sheet - 4Q19
Ariel International Fund Fact Sheet - 4Q19
Ariel Global Fund Fact Sheet - 4Q19
State Street Institutional U.S. Government Money Market Fund
Annual Report 12/31/19
Summary Prospectus 4/30/19
Full Prospectus 4/30/19 (as supplemented, September 23, 2019)
Statement of Additional Information (SAI) 4/30/19 (as supplemented)
Semi-Annual Report 6/30/19
XBRL (Interactive Risk/Return Summary)
Ariel Fund XBRL
Ariel Appreciation Fund XBRL
Ariel Focus Fund XBRL
Ariel International Fund XBRL
Ariel Global Fund XBRL
