Ave Maria World Equity Fund
AVEWX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 225 Pictoria Drive, Suite 450 Cincinnati OH United States of America 45246
- IPO Date
- May 3, 2010
- CIK
- 0000891160
- Website
- avemariafunds.com
- Similar Companies
- Business
- Ave Maria World Equity Fund (AVEWX) is a no-load mutual fund that seeks long-term capital appreciation through equity investments in U.S. and non-U.S. companies aligned with the core values and teachings of the Roman Catholic Church. The fund invests at least 80% of its net assets, including any borrowings for investment purposes, in common stocks, with at least 60% allocated to non-U.S. companies; its portfolio emphasizes large-cap growth stocks across sectors such as financial services, technology, industrials, consumer cyclical, and energy, with top holdings including SAP SE, SharkNinja Inc., Mastercard Inc., Eaton Corporation PLC, and GFL Environmental Inc. It operates globally with approximately 60% exposure to non-U.S. stocks, including significant allocations to the Eurozone, Canada, Europe ex-Euro, and the United Kingdom, and is available through individual, joint, custodial, retirement (including IRAs), and Coverdell Education Savings Accounts, with services such as automatic investment and withdrawal plans. Launched on April 30, 2010, the fund is managed by Schwartz Investment Counsel, Inc., headquartered in Plymouth, Michigan, as part of the Ave Maria Mutual Funds family, which had approximately $3.8 billion in assets under management as of September 30, 2025. Recent developments include strong quarterly performance, with a total return of 14.66% for the three months ended June 30, 2025, outperforming the MSCI All Country World Index's 11.53%; in April 2025, related Ave Maria funds underwent name changes, with the Ave Maria Focused Fund renamed to Ave Maria Growth Focused Fund and the Schwartz Value Focused Fund becoming the Ave Maria Value Focused Fund; additionally, in June 2024, Callista Gingrich joined the Ave Maria Mutual Funds Catholic Advisory Board, and in March 2025, the Ave Maria Bond Fund (a sister fund) received LSEG Lipper Awards for consistent returns in the Corporate Debt A-Rated category.