LETTERS

Ariel Global Fund 2025 Q4 Letter

Fund:

Ariel Global Fund

Key Person: Rupal J. Bhansali

Tickers in this letter

000660.KS, 1024.HK, 4751.T, 6367.T, 6460.T, 6762.T, 6856.T, 7832.T, BIRG.L, BMPS.MI, BMY, FME.DE, FORTUM.HE, FSLR, HPE, LREN3.SA, SAN, T, WBS, WCH.DE

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