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Funds Losing Their Magic: OAKLX, MPGFX, etc.
nemesis
04-15-2007, 12:15 PM | Post #198796
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"THE COMPANY LOGO OVER at Ariel Mutual Funds is the supposedly dawdling tortoise, an homage to the Aesop fable about the slow-poke creature and its quick-footed counterpart, the hare. It's a fitting image for this Chicago-based fund family. Ariel Appreciation (CAAPX: 50.29, +0.23, +0.5%) is a favorite with long-term investors since it's in the top 15% of its peer group over the last decade, according to Lipper. But impatient savers are probably frustrated by its recent poor returns, which put it in the bottom 25% of that same category over the trailing three-year time period".
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Nemesis
Originally posted in thread: 14965
Topics
Ariel
ARIEL APPRECIATION
fund family
funds
Lipper
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