ARGFX – Ariel Fund Investor Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The fund invests in small/mid cap undervalued companies that show strong potential for growth. It invests primarily in equity securities of U.S. companies that have market capitalizations within the range of the companies in the Russell 2500TM Index, measured at the time of initial purchase.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ARGFX	Ariel Fund Investor Class	No Load	Open			Nov 6, 1986	$1.15B	1.010%	Below Average	$1,000	−$167.58M
ARAIX	Ariel Fund Institutional Class	Institutional	Open			Dec 30, 2011	$1.63B	0.700%	Low	$1M	$93.55M

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