Bloomfield Hills, Mich.-based Ave Maria Mutual Funds, which markets itself as “the largest family of Catholic mutual funds in the U.S.,” today announced that it now manages more than $1 billion in assets.

In addition, two of its six funds, the Ave Maria Growth Fund (AVEGX) and Ave Maria Bond Fund (AVEFX), last month marked their 10-year anniversaries on May 1.

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