Mutual Funds - Latest Summary ( 3 Funds, 6 Classes )


Amana Mutual Funds Trust: Income Fund

NA > NA

AMINX rank - 352 of 359

The fund seeks to invest in established companies with a track record of dividend and adhere to environment, social and governance guidelines and meet strict Islamic principles.

The investment process eliminates companies engaged in weapons, tobacco, alcohol, gambling and fossil fuel extraction. The investible universe is further narrowed to financially strong large cap companies with dividend track record and meet ESG criteria as defined by the fund and other third parties.

The fund generally invests in large cap companies but has the flexibility to invest in any market capitalization and domestic or international stocks.

YTD
2.23%
2024
6.67%

Amana Growth Fund

Multi-Cap > Growth

AMAGX rank - 65 of 315

The fund practices value investment style and invests in large cap companies that meet strict environmental, social, governance and Islamic principles.  

The investment process eliminates companies engaged in weapons manufacturing, tobacco, alcohol, gambling and fossil fuel extraction. Then with the additional criteria of Islamic principles, the list is narrowed.

Portfolio is diversified across 30 emerging markets in large cap companies with strong balance sheets, earnings track record and management strength. The fund prefers to hold investments for long term and avoid companies that pay interest.

YTD
0.34%
2024
11.36%

Amana Developing World Fund

NA > NA

AMIDX rank - 17 of 33

The fund seeks to invest in emerging markets based on Islamic principles and environmental, social and governance standards.

The investment process eliminates companies engaged in weapons manufacturing, tobacco, alcohol, gambling and fossil fuel extraction. Then with the additional criteria of Islamic principles, the list is narrowed.

Portfolio is diversified across 30 emerging markets in large cap companies with strong balance sheets, earnings track record and management strength. The fund prefers to hold investments for long term and avoid companies that pay interest.

YTD
-100%
2024
11%
1