Ave Maria Value Fund (AVEMX)
Ave Maria Value Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Cincinnati, OH, US. The stock last traded at $31.16, down 1.86% on the session, giving a market capitalisation of $535.1M. Its beta of 0.49 implies it has historically moved less than the broad market.
The Ave Maria Value Fund primarily allocates capital to common stocks that its investment adviser identifies as trading below their true intrinsic worth, based on the adviser's specific valuation methodology. A core principle of the fund is its adherence to religious guidelines: typically, every equity holding—encompassing common, preferred, and convertible shares—as well as a minimum of 80% of the fund's total net assets, must be invested in companies that satisfy these faith-based criteria. The fund builds its portfolio using securities from established businesses across a diverse range of market capitalizations.
Ave Maria Value Fund is most often compared with the following Financial Services names: