Ave Maria Focused Fund

Frequently Asked Questions About AVEAX

What does AVEAX invest in?

This fund primarily allocates its investments to equity securities, specifically targeting companies that the Adviser identifies as having strong potential for earnings growth under typical market conditions. A core tenet of its strategy dictates that all equity holdings, and at least 80% of its net assets (including any borrowed funds for investment), must be invested in companies whose operations, products, services, or practices align with, rather than contradict, the fundamental values and teachings of the Roman Catholic Church. Furthermore, the fund maintains a non-diversified portfolio.

What is the expense ratio of AVEAX?

Ave Maria Focused Fund (AVEAX) charges an expense ratio of 1.07%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AVEAX?

Ave Maria Focused Fund (AVEAX) manages $84.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AVEAX actively managed or an index fund?

AVEAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AVEAX launched?

Ave Maria Focused Fund (AVEAX) launched in May 2020 and is managed by the fund issuer.

How has AVEAX performed?

AVEAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.