Applied Research Investments, LLC

ARI Group, LLC is a US investment advisory firm founded on October 11, 2016, with its principal office in New York City. The firm, owned by Amira Strasser, manages five investment strategies targeting institutional clients and high net worth individuals. ARI offers discretionary and non‐discretionary asset management services with a fundamental investment approach. The firm provides customizable portfolios tailored to meet clients' unique needs. ARI offers investment strategies through separately managed accounts, model delivery, and sub‐advisory relationships. The firm had approximately $126 million in assets under management as of March 24, 2025. For fees, ARI charges annual percentages based on assets under management, with performance-based fees of 10% for some strategies. The firm aims to provide best execution for securities transactions and does not participate in sharing custody fees. ARI's investment strategies focus on long-term positive returns through fundamental research and have specific criteria for growth, barriers to entry, capable management, and valuation. The firm's investment strategies include ARI International, ARI Global Focus, ARI Global, and ARI Emerging Markets. ARI follows a Code of Ethics to ensure client interests are paramount and manages potential conflicts of interest. The firm does not have custody of client funds and receives discretionary authority to trade on behalf of clients. ARI has proxy voting guidelines and does not engage in brokerage practices for client referrals.