C
Amana Mutual Funds Trust Developing World Fund Institutional AMIDX
NASDAQ
Recommendation
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Fund Information
Fund Type
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
25
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
Systematic Withdrawal Plan, Institutional Only, Phone Exchange, Wire Redemption, Retirement Investment
Performance
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Company Information
Provider
Amana
Manager/Tenure
(Years)
Scott F. Klimo (12), Monem A. Salam (7), Levi Stewart Zurbrugg (5)
Address
Amana
Bellingham WA - 98227-0596
Country
United States
Phone Number
888-732-6262
Investment Strategy
The investment seeks long-term capital growth, consistent with Islamic principles. The fund invests at least 80% of total net assets in common stocks of companies with significant exposure (50% or more of production assets, or revenues) to countries with developing economies and/or markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.