Ave Maria Mutual Funds

Name

Ave Maria Mutual Funds

Legal name

Ave Maria Mutual Funds

Website

https://avemariafunds.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Faith-Based Mutual Funds

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector & Thematic Mutual Funds (FSAAAEAJ)

akta.pro secondary industries

Fixed Income Mutual Funds (FSAAAEAB), Money Market Funds (FSAAAEAC)

Keywords

• Faith-based mutual funds
• Catholic value investing
• Ethical screening funds
• No-load mutual funds
• Morally responsible investing

Headquarters

HQ city

Plymouth

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Mutual Fund Management Fees: Ave Maria Mutual Funds generates revenue through management fees charged on fund assets under management across its eight no-load mutual funds. The fund family manages $3.7 billion in assets, with returns generated from equity, fixed income, and money market investments.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Ave Maria Mutual Funds is a family of nine no-load mutual funds that invest according to Catholic moral and financial criteria, managed by Schwartz Investment Counsel, Inc. The fund family spans equity (Growth, Rising Dividend, Value, Undiscovered, World Equity, Growth Focused, Value Focused), fixed income (Bond), and money market categories, screening out companies that support activities contrary to Catholic teaching such as abortion and pornography.

Product overview

Ave Maria Mutual Funds is a family of nine no-load mutual funds that invest according to Catholic principles. The fund family manages $3.7 billion in assets and includes a range of equity funds (Growth, Rising Dividend, Value, Undiscovered, World Equity, Growth Focused, and Value Focused) along with a fixed income Bond Fund and a Money Market Account. All investments must meet both financial criteria and moral criteria established by the Catholic Advisory Board, which screens out companies that support abortion or pornography.

Differentiator

Problem solved

Functional benefit

Brands

• Growth Fund (AVEGX): A growth-oriented equity fund
• Rising Dividend Fund (AVEDX)
• Value Fund (AVEMX)
• Undiscovered Fund (AVEUX)
• World Equity Fund (AVEWX)
• Growth Focused Fund (AVEAX)
• Value Focused Fund (AVERX)
• Bond Fund (AVEFX)
• Money Market Account (GOAXX)

Products and services

• Growth Fund (AVEGX) A growth-oriented equity mutual fund that invests in companies meeting the fund family's moral and financial criteria, designed for individual investors and financial advisors seeking faith-based growth exposure.
• Rising Dividend Fund (AVEDX) An equity mutual fund focused on companies with growing dividends, co-managed by George P. Schwartz, designed for investors seeking income and capital appreciation aligned with Catholic moral criteria.
• Value Fund (AVEMX) A value-oriented equity fund that seeks long-term capital appreciation through investments in undervalued companies, screened against Catholic moral criteria.
• Undiscovered Fund (AVEUX) An equity fund investing in companies with market capitalizations under $10 billion seeking long-term capital appreciation, screened according to Catholic moral and financial criteria.
• World Equity Fund (AVEWX) An equity fund that invests in foreign securities and securities issued by U.S. entities with substantial foreign operations, subject to Catholic moral screening.
• Growth Focused Fund (AVEAX) A non-diversified growth-focused equity fund that may invest a greater percentage of assets in securities of a limited number of issuers, screened according to Catholic moral criteria.
• Value Focused Fund (AVERX) A non-diversified value-focused equity fund co-managed by George P. Schwartz, screened according to Catholic moral criteria.
• Bond Fund (AVEFX) A fixed income mutual fund that invests primarily in A-rated corporate bonds, subject to interest rate, credit, and liquidity risks, and screened according to Catholic moral criteria.
• Money Market Account (GOAXX) A money market fund offering liquid, low-risk investment options for shareholders, screened according to Catholic moral criteria.

Quantifiable outcome

• Ave Maria Bond Fund returned 1.44% for Q1 2026, outperforming Bloomberg Intermediate U.S. Government/Credit Index (-0.02%) and Bloomberg U.S. Aggregate Bond Index (-0.05%)
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and flagship.

• Schwartz Investment Counsel, Inc.coreStrategic or Co-development PartnerRegistered investment adviser established in 1980, headquartered in Plymouth, Michigan with a branch office in Ave Maria, Florida. Serves as the investment adviser for Ave Maria Mutual Funds, making investment decisions only in securities that meet the Funds' financial and moral criteria. George P. Schwartz, CFA serves as Executive Chairman.
• Ultimus Fund Distributors LLCcoreChannel Partner/ Reseller/ DistributorDistributor of Ave Maria Mutual Funds. Responsible for distributing the funds to investors and financial advisors. All mutual fund distributions are handled through this partner.
• Michael KnowlesflagshipGTM or Marketing PartnerJoined Catholic Advisory Board in September 2025. Conservative political commentator and media host at Daily Wire (Michael Knowles Show) and PragerU Book Club. Yale graduate, Lincoln Fellow at Claremont Institute. Host of Verdict podcast with Senator Ted Cruz. Provides visibility and credibility within conservative Catholic communities.
• Raymond ArroyoflagshipGTM or Marketing PartnerFox News and EWTN host, member of Catholic Advisory Board. Provides media visibility and credibility for the fund family within Catholic communities.
• Larry KudlowflagshipGTM or Marketing PartnerFormer Director of National Economic Council and Fox News Anchor, member of Catholic Advisory Board. Provides high-profile visibility and credibility for the fund family.

Scale indicators4 records

Recent moves5 records

Direct peers

• Timothy Plan: Timothy Plan offers a family of mutual funds that screen investments based on biblical/Christian moral criteria. It is the closest direct peer to Ave Maria in values-based mutual fund product structure, target market (faith-aligned investors), and no-load distribution model.
• Eventide Funds: Eventide Funds is a faith-based mutual fund family that invests according to Christian/biblical values and impact principles. It directly overlaps Ave Maria's values-screened active mutual fund model and retail/advisor distribution channels.
• Inspire Investing: Inspire Investing offers faith-based ETFs and mutual funds that screen for biblical values. It is a direct competitor in the values-based active fund space, with overlapping target customer base (Christian investors) and similar active-screening investment process.
• GuideStone Funds: GuideStone Funds, affiliated with the Southern Baptist convention, offers a broad family of faith-aligned mutual funds including equity, fixed income, and money market funds. It is directly comparable in faith-based multi-fund family structure and retirement account distribution.
• Praxis Mutual Funds: Praxis Mutual Funds offers faith-based, ESG-screened mutual funds serving Anabaptist and broader faith-aligned investors. It overlaps Ave Maria in values-based mutual fund product offering, advisor distribution, and screened active management approach.

Broad incumbents

• Domini Impact Investments: Domini offers mutual funds with values-based and impact-screening criteria for retail and institutional investors. It is comparable as a values-screened active mutual fund manager but is broader (impact/ESG) rather than specifically Catholic.
• Calvert Funds: Calvert (part of Morgan Stanley/Eaton Vance) offers a family of responsible investing mutual funds with ESG screening. It overlaps in values-screened mutual fund product category but operates at significantly greater scale and breadth.
• Parnassus Investments: Parnassus Investments manages ESG-screened equity and fixed income mutual funds. It is comparable in values/ESG screening methodology and mutual fund structure, though its screening is secular/sustainability-driven rather than faith-based.
• iShares ESG ETFs (BlackRock): BlackRock's iShares ESG ETF lineup offers values/ESG-screened equity and fixed income products at scale. It is broadly comparable as a values-screened investment product competing for the same values-conscious investor wallet, though it does not specifically follow Catholic moral criteria.
• Vanguard ESG Funds: Vanguard's ESG fund family offers low-cost, values/ESG-screened mutual funds and ETFs. It competes for values-aligned investors with a broad-incumbent scale advantage and lower fees than boutique faith-based peers like Ave Maria.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ave-maria-mutual-funds

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ave Maria Mutual Funds