Saturna

Sukuk-Focused Amana Participation Fund Attracts $100 Million in Assets

Retrieved on: 
Monday, November 25, 2019

BELLINGHAM, Wash., Nov. 25, 2019 /PRNewswire-PRWeb/ -- Saturna Capital Corporation (Saturna), adviser to the Amana Mutual Funds , announced that the Amana Participation Fund (AMAPX, AMIPX) , which invests primarily in income-producing securities called sukuk, has surpassed a milestone $100 million in assets.

Key Points: 
  • BELLINGHAM, Wash., Nov. 25, 2019 /PRNewswire-PRWeb/ -- Saturna Capital Corporation (Saturna), adviser to the Amana Mutual Funds , announced that the Amana Participation Fund (AMAPX, AMIPX) , which invests primarily in income-producing securities called sukuk, has surpassed a milestone $100 million in assets.
  • The Participation Fund is the first mutual fund for US investors with a portfolio focusing exclusively on sukuk and Sharia compliant investment certificates.
  • "We view this as an important milestone in the success of the Participation Fund as well as Saturna Capital.
  • The risks of foreign investing are generally magnified in the smaller and more volatile securities markets of the Participation Fund.

Saturna Capital Releases 2019 Impact Report Highlighting Role of Sustainable Funds

Retrieved on: 
Tuesday, August 27, 2019

"Our annual Impact Report communicates how we think about sustainability from an investment perspective," said Jane Carten, president of Saturna Capital and portfolio manager of the Saturna Sustainable Equity Fund.

Key Points: 
  • "Our annual Impact Report communicates how we think about sustainability from an investment perspective," said Jane Carten, president of Saturna Capital and portfolio manager of the Saturna Sustainable Equity Fund.
  • The Report details how the portfolio holdings of the Saturna Sustainable Funds align to the individual SDGs.
  • Saturna Capital is also adviser to the US-based Sextant Mutual Funds and Saturna Sustainable Funds.
  • The Saturna Sustainable Funds limit the securities they purchase to those consistent with sustainable principles.