The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ARGFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ARGFX 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 ARGFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A volatile approach.
David Carey
Analyst
Summary
Inconsistent execution of an otherwise reasonable approach makes Ariel Fund a mediocre mid-cap value option.