Ariel Appreciation Fund (CAAPX) NASDAQ

42.39

+0.14(+0.33%)

Updated at June 02 04:00PM

Currency In USD

Ariel Appreciation Fund

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

Key Executives

N/A

Description

The fund invests in mid-capitalization 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 Midcap® Index, measured at the time of initial purchase. The fund’s strategy is rooted in the contrarian investment philosophy of the Adviser, which depends on three interrelated tenets: patience, focus and independent thinking.