Ave Maria Value Focused Fund 

This fund dedicates at least 80% of its total assets—a figure that includes any borrowed capital used for investment—to equity holdings. These generally consist of common shares, preferred shares, and various securities that can be converted into common stock. The fund maintains the flexibility to invest in companies of any scale, without being restricted by market capitalization. Furthermore, it may judiciously utilize exchange-traded funds (ETFs) if the Adviser believes it is an effective way to access broad market segments, target specific sectors, or implement hedging strategies against market volatility, often as an alternative to acquiring numerous individual securities. This investment vehicle operates as a non-diversified fund.