Ariel Investments Global Fund’s Q2 2024 Investor Letter

Ariel Investments, an investment management company, released its “Ariel Global Fund” second-quarter 2024 investor letter. In the second quarter, the Ariel Global fund fell -3.12% underperforming the +2.87% return of its primary benchmark, the MSCI ACWI Index, and -0.59% return of its secondary benchmark, the MSCI ACWI Value Index. Ariel follows a non-consensus approach to identify undervalued, out-of-favor franchises that are misunderstood and mispriced. In addition, please check the fund’s top five holdings to know its best picks in 2024.

A copy of Ariel Investments Global Fund’s Q2 2024 investor letter can be downloaded here.