Ariel Investments, an investment management company, released its “Ariel Focus Fund” fourth-quarter 2024 investor letter. Small cap issues fell in December due to uncertainty and slower Federal Reserve easing, but investors should focus on solid fundamentals as stock prices rise. In the fourth quarter, the fund declined -1.19%, compared to -1.98% return for the Russell 1000 Value Index and the +2.41% return for the S&P 500 Index. The fund increased +13.48%, over the trailing one-year period, compared to +14.37% and +25.02%, respectively, for the indexes. In addition, please check the...
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