What are the fees associated with Ave Maria Mutual Funds?

Ave Maria Mutual Funds typically charge various fees and expenses that are important for investors to understand when considering their investment options. The most common fees associated with mutual funds include front-end loads, back-end loads, and ongoing management fees. Front-end loads are charges applied when an investor initially purchases shares in the fund, which can reduce the amount of the initial investment. Back-end loads are fees charged when investors sell their shares, which may decrease over time depending on how long the shares are held. Additionally, Ave Maria Mutual Funds may charge an annual management fee, which is deducted from the fund's assets and is reflected in the fund's expense ratio. This fee compensates the fund’s investment manager for their management of the fund's portfolio, and it is a critical factor in assessing overall investment costs. It is also important to consider other possible expenses, such as transaction fees or account service fees, which can impact the overall returns on your investment. Investors are encouraged to review the specific fund's prospectus for detailed information about fees, as they can vary between different funds offered by Ave Maria Mutual Funds. The prospectus also provides insights into the investment strategies and objectives of each particular fund. For the most current information, referring to the official Ave Maria Funds website can be a great resource.