![]() ![]() At times, the Fund may overweight a position in a particular issuer or emphasize investment in a limited number of issuers, industries or sectors, which may cause its share price to be more susceptible to any economic, business, political or regulatory occurrence affecting an issuer than a fund that is more widely diversified. AVEAX is classified as non-diversified and may therefore invest a greater percentage of its assets in the securities of a limited number of issuers than a fund that is diversified. AVEFX invests primarily in fixed income securities and as a result the Fund is also subject to the followings risks: interest rate risk, credit risk, credit rating risk, prepayment and extension risk and liquidity risk. These risks include less stringent investor protection and disclosure standards of some foreign markets fluctuations in foreign currencies and withholding or other taxes. Investments in these securities can involve additional risks relating to political, economic or regulatory conditions in foreign countries. entities with substantial foreign operations. ![]() AVEWX invests in foreign securities and securities issued by U.S. The Funds’ investments in small and mid-capitalization companies could experience greater volatility than investments in large-capitalization companies. All mutual funds are subject to market risk, including possible loss of principal. The Funds’ method of security selection may or may not be successful and the Funds may underperform or outperform the stock market as a whole. The Adviser invests in securities only if they meet the Funds’ investment and religious requirements, and as such, the returns may be lower or higher than if the Adviser made decisions based solely on investment considerations. Schwartz Investment Counsel, Inc., a registered investment adviser established in 1980, serves as investment adviser for Ave Maria Mutual Funds. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |