Investment management company Ave Maria recently released its “Ave Maria Focused Fund” third quarter 2024 investor letter. In the third quarter, the fund returned 5.65% compared to the S&P MidCap 400 Growth Index’s 4.63% return and the S&P500 Index’s 5.89% return. The operational performance of the Fund's holdings has been strong throughout 2024. Unfortunately, the stock prices of some of these holdings have not mirrored their robust operating performance. The firm expects that, over time, the operating performance and stock price performance will align. You can check the fund’s...
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