Investment Strategy
The fund seeks long-term capital appreciation by investing in undervalued companies that show strong potential for growth. The fund invests primarily in common stocks of companies with market capitalizations between $1 billion and $5 billion, measured at the time of purchase. It seeks to invest in quality companies in industries in which Ariel Investments, LLC has expertise such as the financial services and consumer discretionary sectors. The fund only buys when Ariel believes that these businesses are selling at excellent values. 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. The fund is a diversified fund that generally will not hold more than 50 securities in its portfolio.Investment Expenses, Sales Charges, and Fees
Annual Operating Expense
Net Expense Ratio: 1.02%
Average Annual Total Returns
All average annual total returns are reported net of all fees and as of the end of the last quarter. Past performance does not guarantee future results.
| Year | 1 | 3 | 5 | 10 |
Since Inception () |
|---|---|---|---|---|---|
Total Returns |
-10.00%
|
%
|
8.00%
|
0.00%
|
%
|
Impact of Expenses and Fees
The table below assumes the investor invests $10,000 on the first day of year one and that the original investment earns a continuous 5% return. In addition, it assumes the
investor reinvests all earnings, and makes no additional contributions. The 5% rate of return is hypothetical and used only to illustrate the respective impacts of different fee
amounts on each investment. It is not intended to predict future investment returns.
Calculations are done by the 403bCompare site in an effort to provide a standardized comparison of the impact of all fees associated with an investment option. This includes all
required 403(b) product-level fees, and investment-level fees. For more information on fees or expenses associated with a 403(b) product or investment option, please refer
fees located in Help & Resources .
| If Shares are Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$826
|
$2,136
|
$3,298
|
$5,206
|
$7,312
|
| If Shares are Not Redeemed | |||||
|---|---|---|---|---|---|
| End of year |
1
|
5
|
10
|
15
|
20
|
| Total Fees and Charges |
$301
|
$1,568
|
$3,298
|
$5,206
|
$7,312
|