Ariel Appreciation Fund (CAAPX) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
Address
200 East Randolph Street
Chicago, IL 60601
United States of America (the)
Phone
312-726-0140
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 30, 1989
The Ariel Appreciation Fund primarily allocates its capital to mid-capitalization companies deemed undervalued but possessing robust growth potential. Its portfolio predominantly consists of shares in American firms whose market capitalization falls within the typical range of constituents of the Russell Midcap® Index, as assessed at the moment of the initial investment. The investment approach employed by the fund is grounded in the Adviser's contrarian philosophy, a method underpinned by three core, interconnected principles: patience, focus, and independent thinking.