During the third quarter of 2025, the Ave Maria Growth Fund (AVEGX) delivered a modest return, underperforming broader market benchmarks. The fund’s total return was recorded at 0.84%, a figure notably lower than the S&P 500 Index’s impressive 8.12% and the S&P 500 Equal Weight Index’s 4.84% over the same period. This discrepancy highlights a challenging quarter for the fund compared to its peers.
Key contributors to the fund's returns in the third quarter included several prominent technology and automotive industry players. Companies such as NVIDIA, Rambus, O’Reilly Automotive, Taiwan Semiconductor, and Silicon Motion Technology were identified as the top performers, providing a positive impetus to the fund’s overall performance despite the subdued aggregate return. These investments underscore the fund’s focus on specific high-growth sectors.
The management of the Ave Maria Growth Fund remains committed to its long-term investment philosophy, which centers on identifying and acquiring shares of outstanding companies at attractive valuations. This strategy is driven by the expectation of generating favorable returns over an extended investment horizon, aiming for sustained growth rather than short-term fluctuations. The fund’s approach is rooted in careful selection and a belief in the enduring value of well-managed enterprises.
This continuous pursuit of excellence in investment selection and a steadfast adherence to foundational principles can guide the fund towards achieving its long-term objectives, ultimately benefiting its investors through responsible and insightful capital allocation.