BLOOMFIELD HILLS, Mich., Nov. 2 /PRNewswire/ -- Bowie Kuhn, former Commissioner of Major League Baseball and Chairman of the Catholic Advisory Board of the Ave Maria Mutual Funds, is pleased to announce the addition of Lawrence Kudlow to the Catholic Advisory Board. A convert to Catholicism, Mr. Kudlow brings a unique perspective to the Catholic Advisory Board. He served as associate director of economics and planning during the Reagan administration and more recently was a member of the Bush-Cheney Transition Advisory Committee. In addition to his nightly show on CNBC, Kudlow & Company, Larry is a noted economist and author. He is also a columnist and contributing editor to National Review. Mr. Kuhn added, "We are very pleased that Larry agreed to join the Board. His insights into Catholicism plus his vast knowledge of the capital markets and the economy will help this board to fulfill its duties." Other Catholic Advisory Board members include Tom Monaghan, Founder and former owner of Domino's Pizza; Michael Novak, author and theologian; Phyllis Schlafly, author and Founder of Eagle Forum; and Paul Roney, Executive Director of the Ave Maria Foundation. The Board also has Cardinal Maida, Archbishop of Detroit, as its Ecclesiastic Advisor. The Catholic Advisory Board oversees the religious criteria for the Ave Maria Mutual Funds. The Board sets the criteria for what types of companies should be screened out of the Ave Maria Mutual Funds by the investment adviser, Schwartz Investment Counsel, Inc. Companies with ties to abortion, pornography or those that undermine the Sacrament of marriage are excluded. The Ave Maria Mutual Funds comprise the largest Catholic mutual fund family in the country. There are currently four Ave Maria Mutual Funds with over $350 million invested in them by over 10,000 shareholders from all 50 states. The Funds include the Ave Maria Catholic Values Fund (Ticker: AVEMX) started in 2001; Ave Maria Growth Fund (Ticker: AVEGX) and Ave Maria Bond Fund (Ticker: AVEFX) both started in 2003 and the newest fund, Ave Maria Rising Dividend Fund (Ticker: AVEDX) launched May 1, 2005. For more information about the Catholic Advisory Board and the Ave Maria Mutual Funds, call toll-free 1-866-AVE-MARIA or visit avemariafund.com. For media inquiries, please contact Scott C. Tanner of Millennium Media Consulting, Inc. at (703) 519-1922 or An investor should consider the investment objectives, strategies, risks, charges and expenses of the Funds before investing. The current Prospectus contains this and other information about the Funds. For a free copy of the Prospectus visit avemariafund.com or call toll-free 1-866-AVE-MARIA. Prospective investors should read the prospectus carefully before investing or sending money. Distributed by Ultimus Fund Distributors, LLC. DATASOURCE: Schwartz Investment Counsel, Inc. CONTACT: Scott C. Tanner of Millennium Media Consulting, Inc., +1-703-519-1922, , for Schwartz Investment Counsel, Inc. Web site: http://www.avemariafund.com/

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