Ariel Focus Investor

Frequently Asked Questions About ARFFX

What does ARFFX invest in?

This fund primarily targets equity investments across companies of all market capitalizations, seeking out exceptional opportunities for its investors. Its investment approach is built upon the Adviser's contrarian philosophy, guided by four core principles: Active Patience®, Independent Thinking, Focused Expertise, and Bold Teamwork. The portfolio is concentrated, not diversified.

What is the expense ratio of ARFFX?

Ariel Focus Investor (ARFFX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ARFFX?

Ariel Focus Investor (ARFFX) manages $84.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ARFFX actively managed or an index fund?

ARFFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ARFFX's is 1.00%) in exchange for the discretion to over- or under-weight positions.

When was ARFFX launched?

Ariel Focus Investor (ARFFX) launched in July 2005 and is managed by the fund issuer.

How has ARFFX performed?

ARFFX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.