About AVEGX
Ave Maria Growth Fund is a large-cap growth mutual fund focused on achieving long-term capital appreciation through investments in common stocks. The fund primarily targets companies believed to offer above-average prospects for growth in revenues, profits, or cash flow, with dividend and interest income as secondary considerations. Ave Maria Growth Fund stands out for its faith-based investment approach, carefully screening equity holdings to ensure alignment with the core values and teachings of the Roman Catholic Church. This excludes businesses involved in activities such as abortion, contraception, and other practices deemed inconsistent with these values, as evaluated by the fund’s Catholic Advisory Board. The portfolio is diversified across sectors, with notable weightings in technology, industrials, financial services, consumer cyclical, and healthcare. The fund typically invests in companies of all sizes, although it often leans towards mid-to-large-cap growth stocks. With a minimum initial investment of $2,500 and a no-load structure, the Ave Maria Growth Fund is positioned to serve investors seeking growth potential within a framework that incorporates religious and ethical considerations, making it a notable offering in the faith-based, socially responsible investing space.
Fund Family Ave Maria Mutual Funds
Category Large Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol AVEGX
Index S&P 500 TR
AVEGX had a total return of 15.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.75%.
