The investment seeks long-term capital appreciation.
The fund invests primarily in equity securities of U.S. companies and the fund generally will have a weighted average market capitalization between $2 billion and $15 billion. It seeks to invest in quality companies in industries in which the Adviser has expertise including the financial services and consumer discretionary sectors. The fund only buys when Ariel believes that these companies are selling at excellent values. It does not invest in companies whose primary source of revenue is derived from the production or sale of tobacco products or the manufacture of handguns.
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