Ave Maria Growth Fund Price, Forecast, Insider, Ratings, Fundamentals & Signals

Plymouth, mich.--(business wire)--schwartz investment counsel, inc. (the firm), the investment adviser for the ave maria mutual funds and the schwartz value focused fund, has announced a reduction in the management fee of three funds effective may 1, 2022. the management fee of the ave maria focused fund (aveax) will be lowered from 0.85% to 0.75% per year, bringing the total expense ratio down to 1.12%. the ave maria world equity fund (avewx), will lower its management fee from 0.95% to 0.75% per year, reducing the total expense ratio to 1.02%. also, the schwartz value focused fund (rcmfx) will reduce its management fee from 0.95% to 0.75% per year, resulting in a 1.26% total expense ratio. george p...

Plymouth, mich.--(business wire)--the texas pacific land corporation (tpl) board of directors has refused to act on an advisory ballot proposal approved by 55.9% of shareholders. despite the majority vote held on december 29, 2021, to declassify the board of directors, the board has not taken action to do so. schwartz investment counsel, inc., on behalf of clients, owns over 74,000 shares of tpl (approximately 1% of the shares outstanding) with a market value more than $96,000,000. having invested in tpl since 2015, schwartz investment counsel, inc. is one of tpl’s largest shareholders and believes tpl’s board has a fiduciary obligation to implement the owners’ wishes. schwartz investment counsel, inc...

Plymouth, mich.--(business wire)--schwartz investment counsel, inc. (the firm), investment adviser for the ave maria mutual funds, has seen an incredible growth of interest in the morally responsible investment (mri) strategies presented in the ave maria mutual funds. in order to satisfy the demand among advisors and their clients, the firm has hired an industry professional with a deep understanding of the needs of advisors who also aligns with the principles and culture of the organization. robert m. geppner has joined schwartz investment counsel, inc. as director of strategic planning, having recently retired from franklin templeton investments where he crafted an illustrious 34-year career...

Plymouth, mich.--(business wire)--schwartz investment counsel, inc. (the firm), the investment adviser for the ave maria mutual funds, has announced portfolio manager promotions effective january 1, 2021. for the ave maria value fund (ticker: avemx), ryan m. kuyawa, cfa was named co- portfolio manager, joining lead portfolio manager timothy s. schwartz, cfa. for the ave maria world equity fund (ticker: avewx), anthony w. gennaro, cfa, cpa was named co-portfolio manager, joining lead portfolio manager joseph w. skornicka, cfa. george p. schwartz, chairman and chief executive officer, commented, “ryan and anthony both joined the firm in 2019 and have significant investment experience. in their tenures with schwartz investment counsel, inc...

Plymouth, mich.--(business wire)--schwartz investment counsel, inc., a registered investment adviser established in 1980 and manager of the ave maria mutual funds, has announced the launch of its newest fund, the ave maria focused fund (ticker: aveax) effective may 1, 2020. the fund is registered with the securities exchange commission as a non-diversified investment company (a mutual fund). the ave maria focused fund will invest in companies believed by the adviser to offer high earnings growth potential with a goal of long-term capital appreciation. the portfolio will be comprised of companies of all sizes and the managers may invest a substantial portion of its assets in a small number of issuers, industries, or business sectors, in essence, a concentrated portfolio...