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.
“Investors who share the Catholic Church’s pro-life and pro-family beliefs should not have to sacrifice their values to achieve a well-diversified portfolio,” stated George Schwartz, president of Schwartz Investment Counsel, the investment adviser to the funds.
