Ariel Investments, an investment management company, released its “Ariel Appreciation Fund” third-quarter 2024 investor letter. In the third quarter, all the major U.S. indices posted gains. The Ariel Appreciation fund rose +9.90% in the quarter, trailing the +10.08% return for the Russell Midcap Value Index and outperforming the +9.21% returns of the Russell Midcap Index. In addition, please check the fund’s top five holdings to know its best picks in 2024.
A copy of Ariel Investments Appreciation Fund’s Q3 2024 investor letter can be downloaded here.Create a free account, or log in to read the full article
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