Does Taiwan Semiconductor Manufacturing Company Limited (TSM) Stand to Benefit From Secular “Megatrends”?

Investment management company Ave Maria recently released its “Ave Maria World Equity Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund returned -4.24% compared to the MSCI All Country World Index’s 2.87% return. Since its inception on April 30, 2010, the fund’s annualized return was 7.13% compared to the 9.11% annualized return for the benchmark. You can check the fund’s top 5 holdings for its best picks for...