In his groundbreaking and conservative new book, In God We Trust: Morally Responsible Investing, George P.Schwartz, CFA outlines the blueprint for the pro-life and pro-family Ave Maria Mutual Funds. These mutual funds have attracted over 100,000 shareholders from all 50 states, who have invested more than $2.2 billion in five separate award-winning funds.
"The country and society itself are stronger when people have higher levels ofmorality and ethics. Abortion and pornography fly right in the face of that," says Schwartz. "It makes sense that businesseswith moral ethics and a commitment to family values are stronger and more reliable to work with as well."
Schwartz comes with impressive credentials. Having published two previous books on investing, he is also the Founder, Chairman and CEO of Schwartz Investment Counsel, Inc., established in 1980. In 2001, he teamed up with Tom Monaghanof Domino's Pizza fame, and former Major League Baseball Commissioner Bowie Kuhn to discuss how pro-life investorscould invest in a manner that was consistent with their faith. Ave Maria Mutual Funds is the result of that teamwork and has been thriving ever since as the largest family of mutual funds of their kind.
"This is a strong book for everyone to reconsider how investing morally can increase financial wealth while making the world more compassionate and ethical."
Grady Harp, Amazon Top 50 Hall of Fame Reviewer
Schwartz is a man of strong convictions, and his investment team is guided by a distinguished Catholic Advisory Board thatincludes Professors Robert George, Scott Hahn, and Melissa Moschella as well as other prominent Catholics including Tom Monaghan, Gloria Purvis, and Paul Roney. Emeritus members include Larry Kudlow, Lou Holtz, and Fr. John Riccardo. In his book, Schwartz talks about his convictions and faith, but that doesn't water down his investment principles. As the world's largest entity for Morally Responsible Investing, Ave Maria Mutual Funds stand on their own as proof of the success-and need-for this kind of endeavor. Since the inception of Ave Maria Mutual Funds, over three dozen companies have stopped contributing to Planned Parenthood, the nation's number one providers of abortions.
"Our analyst and portfolio managers have had no problem getting very good investment results with the 2,850 companies in the Russell 3000 that do not offend these core principles," says Schwartz. There are five different Ave Maria Mutual Funds, each with a distinct investment objective and investment strategy consistent with the designated objective.
His success has made him well known, and in 2008 he was invited to the White House to serve on the reception committee for Pope Benedict's U.S. visit. While some scoff at the idea of moral investments, the support is overwhelmingly positive.
"What a refreshing book! In a world where greed is rife and everyone is keen to make a fast buck, wouldn't you rather invest in a fund with strong, good moral principles?" - Susan Keefe, Midwest Book Review
Written with gifted author and attorney Michael O. Kenney, JD, this book is a goldmine of facts for the intelligent investor. In the book, Schwartz makes a compelling case for morally responsible investing, linking it to the success of individuals, families, and our entire country. He covers controversial topics such as abortion, pornography and socialism, and how each is denigrating to individuals and destructive to our society. Backed by facts and looked at through the lens of our founding fathers, it's hard to argue against Schwartz's impactful presentation. This man not only knows his money, but he embodies the integrity and grit of the individuals who founded this great country.
"George and his team of professionals have made a lot of money for me personally through the Ave Maria Mutual Funds and they've done it in a morally responsible way."
Lou Holtz, former coach at Notre Dame
"If I had to highlight one single reason we have done so well, I think it would be this: we keep our investment goals and our moral aims in balance," says Schwartz.
In God We Trust reminds us all to put our money where our heart is, so that we can indeed remain a fruitful, thriving society as One Nation Under God.
"This book is a comprehensive primer on morally responsible investing, heart and soul."
John Kelly, Detroit Free Press
About George P. Schwartz: George P. Schwartz, CFA is Founder, Chairman and CEO of Schwartz Investment Counsel, Inc., a Registered Investment Adviser headquartered in Plymouth, Michigan. The company was founded in 1980 and manages stock and bond investment portfolios for institutions, foundations, individuals and mutual funds, including Ave Maria Mutual Funds. George has served on several corporate and philanthropic boards and is a member of various investment professional organizations. His first two books, Shareholder Rebellion and Good Returns, were published in 1995 and 2010, respectively. George and his wife of 51 years Judi are lifelong Catholics, have five grown children, and ten grandchildren.
About Michael O. Kenney: Michael O. Kenney is a gifted writer, educator, and attorney. He graduated from University of Notre Dame and earned his Doctor of Law from there as well. Michael and his wife Mary Claire have seven children.