Ariel Investments Small Cap Value Strategy’s Q4 2024 Investor Letter

Ariel Investments, an investment management company, released its “Ariel Small Cap Value Strategy” fourth-quarter 2024 investor letter. In 2024, mega-cap technology stocks, known as the “magnificent seven,” outperformed expectations. The bullish sentiment was driven by U.S. election results, strong earnings momentum, and a robust labor market. Ariel Small Cap Value Tax-Exempt Composite decreased -0.69% gross of fees (-0.83% net of fees) in the quarter, against this backdrop, compared to -1.06% and +0.33% returns of the Russell 2000 Value Index and the Russell 2000 Index, respectively. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.

A copy of Ariel Investments Small Cap Value Strategy’s Q4 2024 investor letter can be downloaded here.