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.
Will CAAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CAAIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CAAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CAAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.