Nasdaq - Delayed Quote USD
Ariel Appreciation Institutional (CAAIX)
37.36
+1.76
+(4.94%)
As of 8:05:10 AM EDT. Market Open.
Fund Summary
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 four interrelated tenets: Active patience, Independent Thinking, Focused Expertise, and Bold Teamwork.
Risk Overview
| Morningstar Risk Rating | |
| Best 1Y Total Return | 46.70% |
| Worst 1Y Total Return | -- |
| Number of Years Up | 10 |
| Number of Years Down | 3 |
Performance & Risk
| YTD Return | -11.00% |
| 5y Average Return | 10.81% |
| Rank in Category (ytd) | 100 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 1.20 |
| Morningstar Risk Rating |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| CAAIX | Category Average | CAAIX | Category Average | CAAIX | Category Average | |
| Alpha | -11.27 | -0.09 | -5.81 | -0.07 | -8.3 | -0.06 |
| BETA | 1.2 | 0.01 | 1.09 | 0.01 | 1.18 | 0.01 |
| Mean Annual Return | 0.27 | 0.01 | 0.94 | 0.01 | 0.54 | 0.01 |
| R-squared | 70.7 | 0.85 | 69.99 | 0.82 | 78.16 | 0.84 |
| Standard Deviation | 23.25 | 0.25 | 20.94 | 0.2 | 20.44 | 0.17 |
| Sharpe Ratio | -0.06 | 0.01 | 0.4 | 0.01 | 0.22 | 0.01 |
| Treynor Ratio | -3.44 | 0.08 | 6.08 | 0.09 | 2.07 | 0.09 |
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