Fees and Expenses
|
Apr. 30, 2026 |
| Ave Maria Growth Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what are the fund’s fees
and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.75% |
|
| Other Expenses |
0.15% |
|
| Total Annual Fund Operating Expenses |
0.90% |
|
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This
Example is intended to help you compare the cost of investing in the Fund with the cost of
investing in other mutual funds. The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then
redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs
would be:
|
| Expense Example by, Year, Caption [Text] |
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then
redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs
would be:
|
| Expense Example, With Redemption [Table] |
| 1
Year |
|
3
Years |
|
5
Years |
|
10
Years |
| $ 92 |
|
$ 287 |
|
$ 498 |
|
$ 1,108 |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as commissions,
when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction
costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund
Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio
turnover rate was 17% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
17.00%
|
| Ave Maria Rising Dividend Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what are the fund’s fees
and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.75% |
|
| Other Expenses |
0.15% |
|
| Total Annual Fund Operating Expenses |
0.90% |
|
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example by, Year, Caption [Text] |
The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| 1 Year |
|
3 Years |
|
5 Years |
|
10 Years |
| $ 92 |
|
$ 287 |
|
$ 498 |
|
$ 1,108 |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as
commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate
higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected
in Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s
portfolio turnover rate was 13% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
13.00%
|
| Ave Maria Undiscovered Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what are the fund’s
fees and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees
paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses
that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.75% |
|
| Other Expenses |
1.19% |
(1) |
| Acquired Fund Fees and Expenses……………………………… |
0.00% |
(1) |
| Total Annual Fund Operating Expenses…………………………. |
1.94% |
|
| Fee Waiver and/or Expense Reimbursement |
0.69% |
(2) |
| Total Annual Fund Operating Expenses After Fee Waiver
and/or Expense Reimbursement……………………………… |
1.25% |
|
| (1) | Based on estimated amounts for the current
fiscal year. |
| (2) | Schwartz Investment Counsel, Inc. (the
“Adviser”) has contractually agreed to reduce Management Fees and reimburse Other
Expenses so that “Total Annual Fund Operating Expenses” (excluding Acquired Fund
Fees and Expenses, interest, taxes, brokerage costs and extraordinary expenses) do not exceed
1.25%. Any management fee waivers and/or expense reimbursements by the Adviser are subject
to repayment by the Fund for a period of three years from the date such fees and expenses
were waived or reimbursed, provided the repayment to the Adviser does not cause “Total
Annual Fund Operating Expenses” (excluding Acquired Fund Fees and Expenses, interest,
taxes, brokerage costs and extraordinary expenses) of the Fund to exceed the contractual
expense limitation at the time such amount was waived or repaid. This expense limitation
is in effect until May 1, 2029 and may be terminated by the Fund or the Adviser upon not
less than 60 days’ prior written notice, provided, however, that (i) the Adviser may not terminate the agreement without the approval of the Board of Trustees,
and (ii) the agreement terminates automatically in the event of an assignment. |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund’s operating expenses remain the same. The Example also takes into account
the Adviser’s contractual arrangement to maintain the Fund’s expenses at the agreed upon level for a period of three years.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example by, Year, Caption [Text] |
The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund’s operating expenses remain the same. The Example also takes into account
the Adviser’s contractual arrangement to maintain the Fund’s expenses at the agreed upon level for a period of three years.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as
commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate
higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected
in Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. Because the Fund is newly organized, there
is no portfolio turnover rate to report.
|
| Ave Maria Value Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what
are the fund’s fees and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees
paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses
that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.75% |
|
| Other Expenses |
0.16% |
|
| Acquired Fund Fees and Expenses |
0.01% |
|
| Total Annual Fund Operating Expenses |
0.92% |
(1) |
| (1) | Total Annual Fund Operating Expenses will
not correlate to the ratio of net expenses to average net assets in the Fund’s Financial
Highlights, which does not reflect “Acquired Fund Fees and Expenses.” |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example by, Year, Caption [Text] |
The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| 1
Year |
|
3 Years |
|
5 Years |
|
10 Years |
| $ 94 |
|
$ 293 |
|
$ 509 |
|
$ 1,131 |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as
commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate
higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected
in Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s
portfolio turnover rate was 24% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
24.00%
|
| Ave Maria World Equity Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what are the fund’s fees
and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.75% |
|
| Other Expenses |
0.26% |
|
| Total Annual Fund Operating Expenses |
1.01% |
|
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example by, Year, Caption [Text] |
The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| 1 Year |
|
3 Years |
|
5 Years |
|
10 Years |
| $ 103 |
|
$ 322 |
|
$ 558 |
|
$ 1,236 |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as commissions,
when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction
costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund
Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio
turnover rate was 19% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
19.00%
|
| Ave Maria Growth Focused Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what are the fund’s fees
and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.75% |
|
| Other Expenses |
0.32% |
|
| Total Annual Fund Operating Expenses |
1.07% |
|
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example by, Year, Caption [Text] |
The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| 1 Year |
|
3 Years |
|
5 Years |
|
10 Years |
| $ 109 |
|
$ 340 |
|
$ 590 |
|
$ 1,306 |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as
commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate
higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected
in Annual Fund Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s
portfolio turnover rate was 47% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
47.00%
|
| Ave Maria Value Focused Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what are the fund’s fees
and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.75% |
|
| Other Expenses |
0.28% |
|
| Fee Reimbursement |
0.08% |
(1) |
| Acquired Fund Fees and
Expenses |
0.02% |
|
| Total Annual Fund Operating
Expenses |
1.13% |
(2) |
| (1) | Schwartz Investment Counsel, Inc. (the
“Adviser”) has contractually agreed to reduce Management Fees and reimburse Other
Expenses so that “Total Annual Fund Operating Expenses” (excluding Acquired Fund
Fees and Expenses, interest, taxes, brokerage costs and extraordinary expenses) do not exceed
1.25%. Any management fee waivers and/or expense reimbursements by the Adviser are subject
to repayment by the Fund for a period of three years from the date such fees and expenses
were waived or reimbursed, provided the repayment to the Adviser does not cause “Total
Annual Fund Operating Expenses” (excluding Acquired Fund Fees and Expenses, interest,
taxes, brokerage costs and extraordinary expenses) of the Fund to exceed the contractual
expense limitation at the time such amount was waived or repaid. This expense limitation
is in effect until May 1, 2027 and may be terminated by the Fund or the Adviser upon not
less than 60 days’ prior written notice, provided, however, that (i) the Adviser may
not terminate the agreement without the approval of the Board of Trustees, and (ii) the agreement
terminates automatically in the event of an assignment. |
| (2) | Total Annual Fund Operating Expenses will
not correlate to the ratio of net expenses to average net assets in the Fund’s Financial
Highlights, which does not reflect “Acquired Fund Fees and Expenses.” |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example assumes that your investment
has a 5% return each year and that the Fund’s operating expenses remain the same. The Example also takes into account the Fund’s
contractual arrangement to repay the Adviser for previous management fee waivers or expense reimbursements. Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example by, Year, Caption [Text] |
The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example assumes that your investment
has a 5% return each year and that the Fund’s operating expenses remain the same. The Example also takes into account the Fund’s
contractual arrangement to repay the Adviser for previous management fee waivers or expense reimbursements. Although
your actual costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| 1 Year |
|
3 Years |
|
5 Years |
|
10 Years |
| $115 |
|
$342 |
|
$587 |
|
$1,290 |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as commissions,
when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction
costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Annual Fund
Operating Expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio
turnover rate was 57% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
57.00%
|
| Ave Maria Bond Fund |
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
what are the fund’s fees
and expenses?
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses
that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and fees to intermediaries,
which are not reflected in the table and example below.
|
| Shareholder Fees [Table] |
| Shareholder Fees (fees paid directly from your investment) |
None |
|
|
| Annual Fund Operating Expenses [Table] |
| |
|
|
| Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
|
|
| Management Fees |
0.25% |
|
| Other Expenses |
0.14% |
|
| Acquired Fund Fees and Expenses |
0.01% |
|
| Total Annual Fund Operating Expenses |
0.40% |
(1) |
| (1) | Total Annual Fund Operating Expenses will
not correlate to the Fund’s ratio of total expenses to average net assets in the Fund’s
Financial Highlights, which do not reflect “Acquired Fund Fees and Expenses.” |
|
| Expense Example [Heading] |
Example
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare
the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example by, Year, Caption [Text] |
The Example assumes that you invest $10,000 in the
Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and the Fund’s operating expenses remain the same. Although your actual costs may be higher
or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| 1 Year |
|
3 Years |
|
5 Years |
|
10 Years |
| $ 41 |
|
$ 128 |
|
$ 224 |
|
$ 505 |
|
| Portfolio Turnover [Heading] |
Portfolio Turnover
|
| Portfolio Turnover [Text Block] |
The
Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns
over” its portfolio). A higher portfolio turnover rate may indicate higher transaction
costs and may result in higher taxes when Fund shares are held in a taxable account. These
costs, which are not reflected in Annual Fund Operating Expenses or in the Example, affect
the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio
turnover rate was 13%
of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
13.00%
|