Industry Veteran Joins Amana Funds Board of Trustees
Ron Fielding MA, MBA, CFA
Bellingham, WA (June 5, 2012) — Ronald H. Fielding, mutual fund industry veteran and current chairman of Investment Company Institute Mutual Insurance, has joined the Amana Mutual Funds Trust Board of Trustees. Fielding will serve Amana's board as a financial expert and head of its audit committee.
"Over the decades I have known Ron both personally and professionally, and there are few in the mutual fund industry with his level of knowledge and depth of expertise. We welcome his willingness to contribute to Amana's board of trustees," said Nicholas Kaiser, President of Amana Mutual Funds Trust and Chairman of the Trust's adviser, Saturna Capital Corporation. The Amana Mutual Funds Trust began in 1984 and has $3.5 billion in assets under management in the Amana Income, Amana Growth, and Amana Developing World Funds.
Fielding's financial industry career spans three decades, beginning in 1983 as founder and president of Fielding Management Company, Inc., and co-founder of Rochester Capital Advisors. He is a former OppenheimerFunds, Inc. Senior Vice President and Senior Portfolio Manager where he ran Oppenheimer's Rochester Division and managed more than $25 billion in state and municipal fixed income funds until his retirement in May 2009. He was a member of the Investor Advisory Committee of the Municipal Securities Rulemaking Board (MSRB) from 2004 to 2008, and he served on the Investment Company Institute's Board of Governors from 1991 to 1996.
Fielding holds an MBA in finance from William E. Simon School of Business Administration, Rochester, NY, and he is a Chartered Financial Analyst charterholder. He has taught courses in finance and economics at Rochester Institute of Technology and Simon School of Business at University of Rochester.
Fielding is active on several boards, including the Board and Investment Committee of St. John's College, Annapolis, MD; the Executive Advisory Board of the Simon Graduate School of Business Administration, Rochester, NY; and the International Museum of Photography at George Eastman House, Rochester, NY. Since 2009, he has served as trustee for Saturna Investment Trust, to which Saturna Capital is also adviser. Saturna Investment Trust has $250 million in assets under management in the Sextant Funds and the Idaho Tax-Exempt Fund.
Kaiser is chairman, director, and founder of Saturna Capital Corporation, adviser to the Amana, Sextant, and Idaho Tax-Exempt Funds. He is portfolio manager of the Amana Income, Amana Growth, and Amana Developing World Funds, as well as the Sextant International and Sextant Growth Funds.
For more information about the Amana Funds, visit www.amanafunds.com. For more information about Saturna Capital Corporation and the funds of Saturna Investment Trust, visit www.saturna.com, www.sextantfunds.com, or www.idahotaxexemptfund.com.
Values-Based Global Equity Managers
Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is an investment adviser with US$4 billion in assets under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments.
Saturna Capital is also adviser to the Saturna Investment Trust, consisting of Sextant International, Sextant Growth, Sextant Core, Sextant Bond Income, Sextant Short-Term Bond, Sextant Global High Income, and the Idaho Tax-Exempt Fund.
Saturna Sdn. Bhd., located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital, specializing in Islamic-compliant investment advisory services for individuals and institutions.
Saturna Capital also has two other wholly-owned subsidiaries: Saturna Brokerage Services, located in Bellingham, Washington, USA, provides general discount brokerage services and distributes Saturna's affiliated mutual funds; and Saturna Trust Company, headquartered in Reno, Nevada, USA, provides trust services to families, charities, trusts, estates, and retirement plans.