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Ariel Fund’s Q1 2024 Investor Letter

Ariel Investments, an investment management company, released its “Ariel Fund” first-quarter 2024 investor letter. US equities exceeded expectations in the first quarter of 2024. The market was driven by optimism and strong market sentiment. The fund appreciated +6.41% in the quarter against this backdrop, outperforming the Russell 2500 Value Index’s +6.07% gain however, slightly trailing the Russell 2500 Index's +6.92% return. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

A copy of Ariel Fund’s Q1 2024 investor letter can be downloaded...