Ariel Appreciation's contrarianism is both a strength and weakness, but a capable management team offers enough value to earn the cheaper institutional shares a Morningstar Analyst Rating of Bronze, while the investor shares receive a Neutral rating.
Ariel Appreciation Investor CAAPX
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CAAPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAAPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CAAPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of CAAPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A strategy with patience during turbulence.
