Ave Maria World Equity Fund (AVEWX)
The fund will invest at least 80% of its net assets, including the amount of any borrowings for investment purposes, in common stocks of U.S. and non-U.S. companies. It will invest at least 60% of its net assets in common stocks issued by non-U.S. companies. Under normal circumstances, all of the fund's equity investments (which include common stocks, preferred stocks and securities convertible into common stock) and at least 80% of its net assets will be invested in companies meeting the fund's religious criteria. It invests in securities of established companies of various market capitalizations.
Fund Info
ISIN | US8085308026 |
---|---|
CUSIP | 808530802 |
Issuer | Ave Maria Mutual Funds |
Inception Date | Apr 29, 2010 |
Category | Global Equities |
Min. Investment | $2,500 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
AVEWX has a high expense ratio of 1.18%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Ave Maria World Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Ave Maria World Equity Fund had a return of 1.66% year-to-date (YTD) and 17.83% in the last 12 months. Over the past 10 years, Ave Maria World Equity Fund had an annualized return of 6.36%, while the S&P 500 had an annualized return of 10.41%, indicating that Ave Maria World Equity Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 1.66% | 6.17% |
1 month | -3.78% | -2.72% |
6 months | 18.24% | 17.29% |
1 year | 17.83% | 23.80% |
5 years (annualized) | 6.99% | 11.47% |
10 years (annualized) | 6.36% | 10.41% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.42% | 2.71% | 4.16% | -4.82% | ||||||||
2023 | -5.19% | 12.44% | 6.92% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AVEWX is 68, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Ave Maria World Equity Fund(AVEWX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Ave Maria World Equity Fund (AVEWX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Ave Maria World Equity Fund granted a 3.76% dividend yield in the last twelve months. The annual payout for that period amounted to $0.74 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.74 | $0.74 | $0.19 | $0.07 | $0.08 | $0.73 | $0.64 | $0.46 | $0.26 | $0.23 | $0.76 | $0.25 |
Dividend yield | 3.76% | 3.82% | 1.19% | 0.34% | 0.47% | 4.57% | 4.87% | 3.03% | 1.95% | 1.86% | 5.73% | 1.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Ave Maria World Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 |
2013 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Ave Maria World Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Ave Maria World Equity Fund was 40.26%, occurring on Mar 23, 2020. Recovery took 202 trading sessions.
The current Ave Maria World Equity Fund drawdown is 5.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-40.26% | Jan 21, 2020 | 44 | Mar 23, 2020 | 202 | Jan 8, 2021 | 246 |
-25.67% | May 2, 2011 | 108 | Oct 3, 2011 | 357 | Mar 8, 2013 | 465 |
-25.35% | Jan 5, 2022 | 186 | Sep 30, 2022 | 302 | Dec 13, 2023 | 488 |
-20.01% | May 22, 2015 | 183 | Feb 11, 2016 | 240 | Jan 25, 2017 | 423 |
-18.57% | Jan 29, 2018 | 229 | Dec 24, 2018 | 75 | Apr 12, 2019 | 304 |
Volatility
Volatility Chart
The current Ave Maria World Equity Fund volatility is 4.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.