Ariel Discovery Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 5.98 5.98
Stocks 94.02 94.02
Bonds 0.0 0.0
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 03.31.2013

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 03.31.2013

Ticker YTD Return % % Net Assets
Mitcham Industries, Inc. MIND 2.57 5.5
Contango Oil & Gas Company MCF -11.4 4.43
First American Financial Corp FAF 8.92 4.4
Market Leader, Inc. LEDR 42.44 4.32
International Speedway Corporation Class A ISCA 16.57 4.2
PCTEL, Inc. PCTI -11.04 4.02
Rosetta Stone, Inc. RST 33.87 3.84
Cowen Group, Inc. COWN 1.63 3.82
Vical Incorporated VICL 18.9 3.61
Imation Corporation IMN -23.13 3.29

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