|200 E. Randolph Dr, Ste 2900 , Chicago, IL 60601|
|Fund Manager||Rupal Bhansali|
|Manager Tenure||9 Years 10 Months|
Ariel International Funds fundamental objective is long-term capital appreciation. The Funds non-fundamental secondary objectives are to seek long-term capital preservation, to generate attractive absolute and risk-adjusted returns, and to attain higher relative returns compared to its primary benchmark over a full market cycle. The Fund invests primarily in equity securities of foreign companies based in developed international markets. The Fund will invest in foreign companies directly by purchasing equity securities or indirectly through instruments that provide exposure to foreign companies. The Fund is permitted to invest in companies of any size, but typically will not invest in companies with market capitalizations below $1 billion. The Fund also invests a portion of its assets in companies based in the U.S. or emerging markets. The Funds investment process seeks to identify investment opportunities that balance long-term performance with risk management by pursuing a bottom-up stock picking discipline focusing on both the fundamentals of the business and the intrinsic value of the business. Ariel primarily considers selling a stock: (I) if its valuation reaches our investment goals, (ii) if a better opportunity for investment presents itself, or (iii) if there are material adverse changes to a companys fundamentals. The Fund uses various techniques to hedge currency exposure or to invest significant cash inflows in the market (i.e., reducing cash drag), including derivatives, exchange traded funds (ETFs), and other hedges. The Fund may buy and sell currency on a spot basis (i.e., foreign currency trades that settle within two days) and enter into foreign currency forward contracts. Ariel uses these techniques primarily in an attempt to reduce unintended tracking error versus the Funds primary benchmark, decrease the Funds exposure to changing security prices or foreign currency risk, or address other factors that affect security values. The Fund is a diversified fund that generally will hold between 50-150 securities in its portfolio.
|Asset Type||% Of Allocation|
|Total Net Assets||834.28 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of 09/30/2021||Average Annual Current Performance Quarterly As Of 09/30/2021||Avg Annual Current Performance Monthly As Of 09/30/2021||Avg Annual Current Performance Quarterly As Of 09/30/2021|
|Life Of Fund||
|Symbol||Company Name||% Of Assets|
|ROG||ROCHE HOLDING AG||7.50%|
|DB1||DEUTSCHE BOERSE AG||6.56%|
|PM||PHILIP MORRIS INTERNATIONAL||6.14%|
|7974.T||NINTENDO CO LTD||5.95%|
|GSK||GLAXOSMITHKLINE PLC ADR||5.53%|
|MGDDF||MICHELIN CIE GEN DES ESTB||5.32%|
|AD||KONINKLIJKE AHOLD DELHAIZE NV||5.15%|
|SRG.MI||SNAM RETE GAS SPA||4.56%|
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