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PLYMOUTH, Mich.--(BUSINESS WIRE)--Schwartz Investment Counsel, Inc. (the Firm), the investment adviser for the Ave Maria Mutual Funds, has announced portfolio manager promotions effective January 1, 2021. For the Ave Maria Value Fund (Ticker: AVEMX), Ryan M. Kuyawa, CFA was named co- Portfolio Manager, joining Lead Portfolio Manager Timothy S. Schwartz, CFA. For the Ave Maria World Equity Fund (Ticker: AVEWX), Anthony W. Gennaro, CFA, CPA was named co-Portfolio Manager, joining Lead Portfolio Manager Joseph W. Skornicka, CFA. George P. Schwartz, Chairman and Chief Executive Officer, commented, “Ryan and Anthony both joined the Firm in 2019 and have significant investment experience. In their tenures with Schwartz Investment Counsel, Inc. they have proven themselves as outstanding research analysts and we are confident in their abilities in their new roles as portfolio managers.” About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S with over $2.6 billion in assets under management. The six no-load funds invest in companies that do not violate core values and teachings of the Catholic Church. The two largest funds are the $949 million Ave Maria Growth Fund (Ticker: AVEGX) and $858 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, call 1-866-AVE-MARIA (866-283-6274) or visit www.avemariafunds.com. About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser. Founded in 1980, the Firm is headquartered in Plymouth, Michigan with a branch office in Ave Maria, Florida. In managing the Ave Maria Mutual Funds, investments are made only if companies meet the Funds’ financial and moral criteria. As such, returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. For more information about Schwartz Investment Counsel, Inc., visit www.schwartzinvest.com. Request a prospectus, which includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at www.avemariafunds.com. Distributed by Ultimus Fund Distributors LLC. 11706403-UFD-12/23/2020
PLYMOUTH, Mich.--(BUSINESS WIRE)--Schwartz Investment Counsel, Inc., the investment adviser for the Ave Maria Mutual Funds, has announced two portfolio manager promotions effective January 1, 2018. For the Ave Maria Value Fund (Ticker: AVEMX), Chadd M. Garcia was named co-Portfolio Manager, joining Lead Portfolio Manager, Timothy S. Schwartz, CFA, and co-Portfolio Manager Joseph W. Skornicka, CFA. For the Ave Maria Bond Fund (Ticker: AVEFX), Adam P. Gaglio, CFA, was named co-Portfolio Manager, joining Lead Portfolio Manager Brandon S. Scheitler and co-Portfolio Manager Richard L. Platte, Jr., CFA. George P. Schwartz, Chairman and Chief Executive Officer, remarked, “Chadd and Adam have proven themselves as outstanding research analysts and we think they are well prepared for the challenge of being portfolio managers. They will add depth to the management of these two mutual funds.” About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S. with over $2 billion in assets. The five no-load funds invest in companies that do not violate core values and teachings of the Catholic Church. The largest of the funds is the $975 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, please call 1-866-AVE-MARIA (866-283-6274) or visit http://avemariafunds.com. About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser. Founded in 1980, the Firm is headquartered in Plymouth, Michigan with a branch office in Ave Maria, Florida. In managing the Ave Maria Mutual Funds, investments are made only if companies meet the Funds’ financial and moral criteria. As such, returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. For more information about Schwartz Investment Counsel, Inc., please visit www.schwartzinvest.com. Request a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at www.avemariafunds.com. Distributed by Ultimus Fund Distributors LLC.
PLYMOUTH, Mich.--(BUSINESS WIRE)--Ave Maria Mutual Funds announces that Dr. Melissa Moschella has joined its Catholic Advisory Board. She is Assistant Professor of Philosophy at The Catholic University of America, where her teaching and research focus on natural law, bioethics, and the moral and political status of the family. Beginning this summer, she will be taking a new position as Assistant Professor of Medical Ethics at Columbia University. She graduated magna cum laude from Harvard College, earned her Licentiate in Philosophy summa cum laude from the Pontifical University of the Holy Cross, and received her Ph.D. in Political Philosophy from Princeton University. Dr. Moschella speaks and writes for both academic and popular audiences on a variety of contemporary moral issues, including religious freedom, marriage, parental rights, brain death and the ethics of assisted reproduction. Her articles have been published in scholarly journals as well as popular media outlets. The Catholic Advisory Board is composed of prominent Catholics who provide religious guidance in accordance with teachings of the Roman Catholic Church. The Board meets regularly with the investment adviser (Schwartz Investment Counsel, Inc.) to review the Funds’ religious standards and criteria. Paul Roney, Chairman of the Catholic Advisory Board remarked, “Professor Moschella is a well-respected scholar with expertise in contemporary moral issues facing society. Given her experience and integrity, we are honored to have her become a member of the Board.” George P. Schwartz, CFA, Chairman and CEO of the investment adviser, Schwartz Investment Counsel, Inc. added, “After the recent passing of Professor Michael Novak, our long-time friend, theologian and Charter member, we’re blessed to have Dr. Moschella join the Board. Her strong views on moral and ethical issues will add a valuable perspective and we look forward to benefitting from her judgment and counsel.” About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S with over $1.7 billion in assets. The five no-load funds invest in companies that do not violate core values and teachings of the Catholic Church. Ave Maria Mutual Funds launched its first fund, the Ave Maria Catholic Values Fund (Ticker: AVEMX), on May 1, 2001. Since then it has added three additional stock funds and one bond fund. The largest of the funds is the $913 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, please call 1-866-AVE-MARIA (866-283-6274) or visit http://avemariafunds.com. About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser. Founded in 1980, the Firm is headquartered in Plymouth, Michigan with a branch office in Ave Maria, Florida. In managing the Ave Maria Mutual Funds, investments are made only if companies meet the Funds’ financial and moral criteria. As such, returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. For more information about Schwartz Investment Counsel, Inc. please visit www.schwartzinvest.com. Request a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at www.avemariafunds.com. Distributed by Ultimus Fund Distributors LLC.
PLYMOUTH, Mich.--(BUSINESS WIRE)--Ave Maria Mutual Funds is saddened by the passing of Michael Novak, a long-time member of the funds’ Catholic Advisory Board. Michael Novak was a Templeton award winner and director of Social and Political Studies at the American Enterprise Institute. He also served as U.S. Delegate to the Conference on Security and Cooperation in Europe; U.S. Ambassador to the UN Human Rights Commission in Geneva; Adviser to the White House Office of Ethnic Affairs; and was on the faculty at Harvard University, the University of Notre Dame, Ave Maria University, and Catholic University of America. In addition to being a world-renowned theologian and author of numerous books, Michael Novak was a personal friend of Saint Pope John Paul II. George P. Schwartz, CFA, Chairman and CEO of Schwartz Investment Counsel, Inc., said, “Professor Novak was a giant among Catholic intellectuals and his contributions to the Catholic Advisory Board were tremendous. He will be greatly missed.” Paul Roney, Chairman of the Catholic Advisory Board stated, “Michael had a brilliant mind and was a highly-respected voice in the Catholic world. He was committed to pro-life causes and spreading the Gospel.” About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S. The five no-load funds invest in companies that do not violate the pro-life, pro-family values of the Catholic Church. Ave Maria Mutual Funds launched its first fund, the Ave Maria Catholic Values Fund (Ticker: AVEMX), on May 1, 2001. Since then it has added three additional stock funds and one bond fund. The largest of the funds is the $888 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, please call 1-866-AVE-MARIA (866-283-6274) or visit www.avemariafunds.com About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser founded in 1980. Headquartered in Plymouth, Michigan, the firm manages more than $1.9 billion of investor assets and has a branch office in Ave Maria, Florida. The firm aims to provide superior investment counsel to investors who seek a disciplined approach to investing. For more information about Schwartz Investment Counsel, Inc., please visit www.schwartzinvest.com. Schwartz Investment Counsel, Inc. serves as investment adviser for Ave Maria Mutual Funds, which invests in securities only if they meet the Funds’ investment and religious requirements. As such, the returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. Request a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at www.avemariafunds.com. Distributed by Ultimus Fund Distributors LLC. .
PLYMOUTH, Mich.--(BUSINESS WIRE)--Ave Maria Mutual Funds announces that Robert P. George has joined its Catholic Advisory Board. Professor George holds Princeton's celebrated McCormick Chair in Jurisprudence and is the Director of the James Madison Program in American Ideals and Institutions. He served as chairman of the United States Commission on International Religious Freedom (USCIRF), and before that on the President’s Council on Bioethics and as a presidential appointee to the United States Commission on Civil Rights. The Catholic Advisory Board is composed of prominent Catholics who provide religious guidance in accordance with the Roman Catholic Church. The Board meets regularly with the investment adviser (Schwartz Investment Counsel, Inc.) to review the Funds’ religious standards and criteria. Paul Roney, Chairman of the Catholic Advisory Board remarked, “Our Board sought to add an additional member with tremendous professional experience and impeccable integrity. We are confident that Professor George meets these criteria and we are honored to have him join the Board.” George P. Schwartz, CFA, Chairman and CEO of the investment adviser, Schwartz Investment Counsel, Inc. added, “We are fortunate to have such a well-respected, conservative thinker join the Board and his insights and experience will be of great benefit to our mutual fund shareholders.” About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S. with over $1.7 billion in assets. The five no-load funds invest in companies that do not violate core values and teachings of the Catholic Church. Ave Maria Mutual Funds launched its first fund, the Ave Maria Catholic Values Fund (Ticker: AVEMX), on May 1, 2001. Since then it has added three additional stock funds and one bond fund. The largest of the funds is the $856 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, please call 1-866-AVE-MARIA (866-283-6274) or visit http://avemariafunds.com. About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser. Founded in 1980, the Firm is headquartered in Plymouth, Michigan with a branch office in Ave Maria, Florida. In managing the Ave Maria Mutual Funds, investments are made only if companies meet the Funds’ financial and moral criteria. As such, returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. For more information about Schwartz Investment Counsel, Inc. please visit www.schwartzinvest.com. Request a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at www.avemariafunds.com. Distributed by Ultimus Fund Distributors LLC.
PLYMOUTH, Mich.--(BUSINESS WIRE)--Schwartz Investment Counsel, Inc., the investment adviser to Ave Maria Mutual Funds, has named Brian D. Milligan, CFA as the lead portfolio manager of the Ave Maria Growth Fund (Ticker: AVEGX). Milligan joined Schwartz Investment Counsel, Inc. in 2014 and has been co-manager of the Ave Maria Growth Fund since January 2016, along with Richard L. Platte, Jr., CFA, who remains co-manager. Prior thereto, Brian was an analyst with Standard & Poor’s. He has a Bachelor of Science degree from Trine University and graduated magna cum laude from the University of Notre Dame with a Master of Business Administration degree. He is also a CFA® charterholder. George P. Schwartz, Chairman and CEO remarked, “Brian has proven himself as a valuable member of our investment team and we are highly confident in his abilities.” As of 12/31/16, the Fund is rated 4-stars overall by Morningstar among 588 funds in the Mid-Cap Growth category. About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S. with over $1.7 billion in assets. The five no-load funds invest in companies that do not violate core values and teachings of the Catholic Church. Ave Maria Mutual Funds launched its first fund, the Ave Maria Catholic Values Fund (Ticker: AVEMX), on May 1, 2001. Since then it has added three additional stock funds and one bond fund. The largest of the funds is the $843 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, please call 1-866-AVE-MARIA (866-283-6274) or visit http://avemariafunds.com. About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser. Founded in 1980, the Firm is headquartered in Plymouth, Michigan with a branch office in Ave Maria, Florida. In managing the Ave Maria Mutual Funds, investments are made only if companies meet the Funds’ financial and moral criteria. As such, returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. For more information about Schwartz Investment Counsel, Inc. please visit http://schwartzinvest.com. The Morningstar Rating TM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. For the period ended 12-31-16, the Fund received the following Morningstar Ratings; Overall 4 stars among 588 funds, 3yr. 4 stars among 588 funds, 5 yr. 3 stars among 504 funds and 10 yr. 4 stars among 368 funds. Mutual fund investing involves risk, including loss of principal. The Adviser invests only in securities that meet the Fund's investment and religious requirements. The returns may be lower or higher than if decisions were based solely on investment considerations. Request a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at avemariafunds.com. Distributed by Ultimus Fund Distributors LLC.
PLYMOUTH, Mich.--(BUSINESS WIRE)--Ave Maria Mutual Funds is saddened by the passing of Phyllis Schlafly, a long-time member of the funds’ Catholic Advisory Board. Mrs. Schlafly was named by Ladies’ Home Journal as one of the 100 most important women of the 20th century. Such recognition was due in part to her founding of Eagle Forum, a national volunteer, non-profit, pro-life, pro-family advocacy organization. She was a world-renowned author & editor of numerous books on subjects as varied as family and feminism, nuclear strategy, education and the judicial system. She was also a Constitutional lawyer. Her work for the pro-life movement and other conservative causes spanned decades and her contributions are too numerous to mention. George P. Schwartz, CFA, Chairman and CEO of Schwartz Investment Counsel, Inc., said, “We have been honored to have Phyllis serve on the Catholic Advisory Board and her contributions will be missed.” Paul Roney, Chairman of the Catholic Advisory Board stated, “Phyllis was a highly-respected voice in Catholic and conservative circles and it was great to have her working with the Ave Maria Mutual Funds. She was committed to pro-life and pro-family causes and she will be greatly missed.” About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S. The five no-load funds invest in companies that do not violate the pro-life, pro-family values of the Catholic Church. Ave Maria Mutual Funds launched its first fund, the Ave Maria Catholic Values Fund (Ticker: AVEMX), on May 1, 2001. Since then it has added three additional stock funds and one bond fund. The largest of the funds is the $823 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, please call 1-866-AVE-MARIA (866-283-6274) or visit www.avemariafunds.com About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser founded in 1980. Headquartered in Plymouth, Michigan, the firm manages more than $1.8 billion of investor assets and has a branch office in Ave Maria, Florida. The firm aims to provide superior investment counsel to investors who seek a disciplined approach to investing. For more information about Schwartz Investment Counsel, Inc., please visit www.schwartzinvest.com. Schwartz Investment Counsel, Inc. serves as investment adviser for Ave Maria Mutual Funds, which invests in securities only if they meet the Funds’ investment and religious requirements. As such, the returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. Request a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at www.avemariafunds.com. Distributed by Ultimus Fund Distributors LLC.
PLYMOUTH, Mich.--(BUSINESS WIRE)--Schwartz Investment Counsel, Inc. (manager of the Ave Maria Mutual Funds) has announced the promotion of Michael J. Schwartz to Senior Vice President ─ Institutional Sales effective June 1, 2016. George P. Schwartz, CFA, Chairman and CEO of Schwartz Investment Counsel, Inc., said, “Mike’s promotion is a reflection of his outstanding success in the development and servicing of the institutional market for our $1.6 billion Ave Maria Mutual Fund complex.” “Working from our Firm’s Ave Maria, Florida, branch office, Mike and his team will continue to communicate with institutional investors regarding the morally responsible investing practices of the Ave Maria Mutual Funds, in addition to the notable investment success of these award-winning Funds.” About Ave Maria Mutual Funds Ave Maria Mutual Funds is the largest family of Catholic mutual funds in the U.S. The five no-load funds invest in companies that do not violate the pro-life, pro-family values of the Catholic Church. Ave Maria Mutual Funds launched its first fund, the Ave Maria Catholic Values Fund (Ticker: AVEMX), on May 1, 2001. Since then it has added three additional stock funds and one bond fund. The largest of the funds is the $787 million Ave Maria Rising Dividend Fund (Ticker: AVEDX). For more information about Ave Maria Mutual Funds, please call 1-866-AVE-MARIA (866-283-6274) or visit www.avemariafunds.com About Schwartz Investment Counsel, Inc. Schwartz Investment Counsel, Inc. is a Registered Investment Adviser founded in 1980. Headquartered in Plymouth, Michigan, the firm manages more than $1.7 billion of investor assets and has a branch office in Ave Maria, Florida. The firm aims to provide superior investment counsel to investors who seek a disciplined approach to investing. For more information about Schwartz Investment Counsel, Inc., please visit www.schwartzinvest.com. Schwartz Investment Counsel, Inc. serves as investment adviser for Ave Maria Mutual Funds, which invests in securities only if they meet the Funds’ investment and religious requirements. As such, the returns may be lower or higher than if decisions were based solely on investment considerations. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. All mutual funds are subject to market risk, including possible loss of principal. Request a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read and consider carefully before investing. The prospectus can be obtained by calling 1-866-283-6274 or it can be viewed at www.avemariafunds.com. Distributed by Ultimus Fund Distributors LLC.
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