Ariel Investments Appreciation Fund’s Q1 2024 Investor Letter

Ariel Investments, an investment management company, released its “Ariel Appreciation Fund” first-quarter 2024 investor letter. The Ariel Appreciation fund increased +4.06% in the quarter, trailing the +8.23% and +8.60% returns of the Russell Midcap Value and Russell Midcap indices. Except for real estate, all sectors in the S&P 500 saw increases, even though momentum was […]