Ariel Appreciation Fund
Quarterly Returns (%)| Years | Q1 | Q2 | Q3 | Q4 | Annual |
|---|---|---|---|---|---|
| 1989 | 0 | -100 | -100 | 0.55 | 0 |
| 1990 | 4.07 | 6.42 | -22.15 | 11.41 | -2.03 |
| 1991 | 22.57 | 0.23 | 3.03 | 5.18 | 33.05 |
| 1992 | 2.04 | -3.43 | 2.91 | 11.68 | 13.25 |
| 1993 | -2.55 | -1.85 | 4.89 | 5.88 | 6.22 |
| 1994 | -4.85 | -0.37 | 0.55 | -10.31 | -14.51 |
| 1995 | 7.07 | 2.06 | 6.75 | -0.37 | 14.96 |
| 1996 | 3.01 | 4.26 | 4.61 | 10.23 | 23.76 |
| 1997 | -0.35 | 14.59 | 13.2 | 6.91 | 38.2 |
| 1998 | 9.11 | 1.98 | -12.92 | 23.44 | 19.6 |
| 1999 | -0.76 | 8.27 | -11.76 | 1.41 | -3.85 |
| 2000 | -3.71 | 4.56 | 8.02 | 9.24 | 18.87 |
| 2001 | 1.85 | 9.29 | -10.84 | 18.12 | 16.2 |
| 2002 | 8.56 | -6.23 | -14.29 | 5.38 | -10.36 |
| 2003 | -7.05 | 21.84 | 4.14 | 11.05 | 30.97 |
| 2004 | 3.37 | 0.29 | -0.6 | 9.76 | 13.11 |
| 2005 | -2.69 | 2.63 | 1.49 | 1.6 | 2.99 |
| 2006 | 1.86 | -3.03 | 5.01 | 7.41 | 11 |
| 2007 | 1.92 | 7.49 | -5.59 | -7.64 | -1.54 |
| 2008 | -9.22 | -3.04 | -3.98 | -28.65 | -39.7 |
| 2009 | -11.85 | 29.74 | 29.1 | 10.36 | 62.96 |
| 2010 | 7.19 | -14.24 | 16.1 | 12.21 | 19.75 |
| 2011 | 7.01 | 0.99 | -24.01 | 12.81 | -7.36 |
| 2012 | 16.25 | -7.08 | 6.79 | 2.23 | 19.4 |
| 2013 | 15.55 | 5.23 | 7.94 | 11.44 | 46.24 |
| 2014 | -0.95 | 4.8 | -2.97 | 7.44 | 8.21 |
| 2015 | 4.34 | -0.75 | -13.57 | 4.76 | -6.24 |
| 2016 | 1.09 | 0.29 | 7 | 3.9 | 12.71 |
| 2017 | 7.36 | 0.73 | 0.08 | 5.87 | 15.24 |
| 2018 | -0.46 | 3.33 | 2.87 | -16.76 | -13.93 |
| 2019 | 15.59 | -0.4 | -2.46 | 0.41 | 15.54 |
| 2020 | -31.43 | 19.91 | -4.47 | 23.63 | -2.89 |
| 2021 | 15.65 | 4.75 | -14.98 | 6.93 | 10.13 |
| 2022 | -4.57 | -15.44 | -5.66 | 4.21 | -20.67 |
| 2023 | 4.85 | -6.48 | 5.04 | 1.72 | 3.41 |
| 2024 | -2.4 | 0 | 0 | 7.15 |