Individual and Joint Accounts
Individual and Joint accounts with Saturna Capital allow you the flexibility to invest how you want, when you want — there are no contribution limits or timing restrictions.¹
An Individual account is an account that you open solely in your name and only you are responsible for it.
A Joint account is one account that you share with one or more trusted partners, such as your spouse, children, parents, or business partner(s).
These accounts are appropriate for investors who:
- Want to purchase shares directly from a Saturna affiliated fund and avoid paying brokerage transaction fees on purchases of shares
- Want to invest without the limits typically associated with a retirement or other tax deferred accounts
- Understand that the account is taxable and are willing to pay yearly capital gains and/or income tax on realized returns and distributions
¹ Subject to the minimums of any particular fund you may choose. For Amana Income, Growth, and Developing World Funds, the minimum investments are $250 for Investor Shares and $100,000 for Institutional Shares. For Amana Participation Fund, the minimum investments are $5,000 for Investor Shares and $100,000 for Institutional Shares. For Sextant Funds and Idaho Tax-Exempt Fund, the minimum investment is $1,000. Note that minimums are lower for Individual Retirement Accounts, Employer Plans, Health Savings Accounts, and Education Savings Accounts.
Investments in mutual funds are subject to ongoing expenses that shareowners pay indirectly. Please consult a fund's prospectus or summary prospectus for details. For convenience, we've compiled a table of Saturna's mutual fund expenses here.
Saturna Brokerage Services ("SBS") also offers Individual and Joint brokerage accounts, allowing you to buy stocks, bonds, non-affiliated mutual funds, and other securities. Transactions in SBS accounts are subject to the SBS commission schedule.