Ave Maria Value Fund’s Q3 2023 Investor Letter

Investment management company Ave Maria recently released its “Ave Maria Value Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. The total return of the fund in the third quarter was 4.88% compared to -4.20% for the S&P MidCap 400 Index. The Fund owned common stock in 33 companies from a wide range of industries at the end of the quarter, with a focus on energy, basic materials, and financial services. You can check the top 5 holdings of the fund to know its best picks in 2023.