LETTERS

Ariel International Fund 2024 Q4 Letter

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Fund:

Ariel International Fund

Key Person: Rupal J. Bhansali

Tickers in this letter

000660.KS, 005930.KS, 6460.T, BARC.L, BEZ.L, BMPS.MI, DLG.L, EMAAR.DU, FMS.DE, HO.PA, JD, ML.PA, MUV2.DE, ORA.PA, REE.MC, SAF.PA, SNY, VEA

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