Ave Maria Rising Dividend Fund’s Q1 2023 Investor Letter

Investment management company Ave Maria recently released its “Rising Dividend Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. The total return of the fund in the first quarter was 0.49% compared to a 5.17% return for the S&P 500 Value Index. Fund’s strongest contributors were from the Information Technology, Real Estate, and Industrials sectors while Energy, Financials, and Consumer Discretionary sectors detracted. You can check the top 5 holdings of the fund to know its best picks in 2023.