Ave Maria Mutual Funds

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    Funds Group: Ave Maria Mutual Funds

    Management Company: Schwartz Investment Counsel, Inc.

    Funds Affected: Ave Maria Bond, Ave Maria Catholic Values, Ave Maria Growth, Ave Maria Rising Dividend and Ave Maria World Equity.

    Principal Sustainable Investment Strategy: Religious/Ethical, Exclusions

    Summary:
    Ave Maria Mutual Funds employ morally responsible investing practices and utilize moral screens established by a Catholic Advisory Board which provides guidance in accordance funds’ standards and criteria. The goal is to provide good returns without compromising moral values.

    Ave Maria places equal emphasis on investment performance and moral criteria. Investors should not have to sacrifice financial performance potential because of their pro-life and pro-family beliefs. Every stock and bond we buy must first meet the financial criteria set by our experienced team of portfolio managers and analysts. If a security seems like a portfolio prospect, then the company is screened based on the moral criteria.

    Four main moral screens are employed and companies that fall into these categories are excluded from investment consideration:
    Moral Screen No. 1: Abortion
    • Selected drug companies
    • Hospitals
    • Insurance companies
    • Retailers
    Moral Screen No. 2: Embryonic Stem Cell Research
    • Selected drug companies
    • Hospitals
    • Insurance companies
    • Retailers
    Moral Screen No. 3: Planned Parenthood
    • Companies that contribute corporate funds to Planned Parenthood
    Moral Screen No. 4: Pornography
    Various producers & distributors
    • Media companies
    • Hotels
    • Retailers
    • Internet & cable providers