Ariel Investments Focus Fund’s Q4 2023 Investor Letter

Ariel Investments, an investment management company, released its “Ariel Focus Fund” fourth-quarter 2023 investor letter. In the fourth quarter, the fund increased +11.05% compared to +9.50% and +11.69% returns for the Russell 1000 Value Index and the S&P 500 Index, respectively. The fund increased by +6.97 over the trailing one-year underperforming both indexes’ +11.46% and +26.29% returns. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

A copy of Ariel Investments Focus Fund’s Q4 2023 investor letter can be downloaded here.