
Ave Maria Rising Dividend Fund (AVEDX)
AVEDX Price Chart
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AVEDX Fund Profile
Key details and information about Ave Maria Rising Dividend Fund (AVEDX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
3 May 2005
Country
US
Description
The fund's primary objective is to achieve long-term capital appreciation by investing at least 80% of its total assets, including any funds borrowed for investment purposes, into common equities of companies that distribute dividends. These companies are specifically targeted for their anticipated ability to consistently increase their dividend payouts over time. A crucial aspect of the fund's strategy is that, under normal operating conditions, all its equity investments—which include common stocks, preferred stocks, and securities convertible into common stock—and a minimum of 80% of its net assets will be held in companies that satisfy its specific religious guidelines.
AVEDX Fund Performance
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