Ariel Appreciation Investor
200 East Randolph DriveSuite 2900Chicago IL 60601
Map
Phone: 800-292-7435
| Category: | Mid-Cap Blend | | Fund Family: | Ariel Investments, LLC | | Net Assets: | 1.58B | | Year-to-Date Return: | 15.55% | | Yield: | 0.64% | | Morningstar Rating: |  | | Fund Inception Date: | Nov 30, 1989 |
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Timothy Fidler
Lead Manager since Nov 9, 2009 | | | Tim is co-portfolio manager of Ariel Focus Fund and the Ariel Focused Value Product, concentrated portfolios investing in mid-to-large cap value companies. Additionally, he serves as portfolio manager for Ariel Appreciation Fund and the Ariel Mid Cap Value Product, working closely with lead portfolio manager John W. Rogers, Jr. and portfolio manager Matthew Sauer. Tim also oversees the firmâs proprietary research in the retail and business services industries. In 2008, Institutional Investor magazine recognized Tim as one of 20 rising stars within the mutual fund industry expected to shape the field for years to come. Additionally, in 2007, he graduated from the Fellowship Program of Leadership Greater Chicago, an initiative which educates and connects emerging leaders to support and strengthen the Chicago region. Prior to joining Ariel in 1999, he worked at Morgan Stanley in the asset management area of the firm as a research analyst and portfolio manager working on the firmâs U.S. value management teams. Tim graduated Phi Beta Kappa from Northwestern University with a BA with honors distinction and earned his MBA with high honors from the University of Chicago. |
| Min Initial Investment: | 1,000 | | Min Initial Investment, IRA: | 1,000 | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | 100 | | Min Subsequent Investment, IRA: | 100 | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks long-term capital appreciation.
The fund invests primarily in common stocks of U.S. companies and the fund generally will have a weighted average market capitalization between $2 billion and $15 billion. It seeks to hold investments for a relatively long period of time-generally five years. The fund seeks to invest in quality companies in industries in which the adviser has expertise including the financial services and consumer discretionary sectors. It does not invest in corporations whose primary source of revenue is derived from the production or sale of tobacco products or the manufacture of handguns. |
| Last Dividend
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| 0.00 | | Last Cap Gain
(Nov 15, 2012)
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| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
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| N/A | | Average for Category: | 60.34% |
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| Expense | CAAPX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.17% | 1.28% | | Prospectus Net Expense Ratio: | 1.17% | N/A | | Prospectus Gross Expense Ratio: | 1.17% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 5.26% | | Max Deferred Sales Load:
| N/A | 2.15% | | 3 Yr Expense Projection*: | 372 | 606 | | 5 Yr Expense Projection*: | 644 | 1,004 | | 10 Yr Expense Projection*: | 1,420 | 2,110 |
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0.29(0.58%) May 23