Catholic World News
Catholic mutual funds’ value plummets
November 25, 2008
The 32.8% decline in value of the S&P 500 between January 1 and October 31 has been mirrored by Catholic mutual funds that make investments in light of Catholic moral teaching. During the same time period, the value of Epiphany Funds’ Faith and Family Values 100 Fund declined 25.2%, the Ave Maria Growth Fund declined 27.1%, and Ave Maria Mutual Funds’ Catholic Values Fund declined 34.2%.
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