Ave Maria Growth Fund (AVEGX)
Ave Maria Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Cincinnati, OH, US. The stock last traded at $57.28, up 0.79% on the session, giving a market capitalisation of $1.29B. Its beta of 1.07 implies it has historically moved more than the broad market.
The fund primarily acquires common shares of companies that its advisor believes offer strong potential for expanding revenues, profits, or cash flow. The generation of dividend and interest income is a less significant factor in its investment selection process. A core principle dictates that, typically, all equity holdings and at least 80% of the fund's net assets will be committed to enterprises meeting its religious criteria. The fund's portfolio may encompass companies across the entire market capitalization range, including small and mid-sized firms.
Ave Maria Growth Fund is most often compared with the following Financial Services names: