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Sextant Growth Fund
Sextant Growth Fund Overview
 

No Transaction Fee

Objective
Long-term capital growth.

Strategy
The Growth Fund primarily invests in common stocks of U.S. companies. The Growth Fund diversifies its investments across industries and companies, and generally follows a value investment style. The Growth Fund favors companies trading for less than the adviser’s assessment of intrinsic value, which typically means companies with low price/earning multiples, low price to cash flow, and higher dividend yields. The Growth Fund may invest in securities of smaller or newer companies as well as those of well-seasoned companies of any size.

Risk
The Growth Fund may invest in smaller companies, which involve higher investment risks in that they often have limited product lines, markets and resources, or their securities may trade less frequently and have greater price fluctuation than those of larger companies. Growth stocks, which can be priced on future expectations rather than current results, may decline substantially when expectations are not met or general market conditions weaken.

Fund Manager - Nicholas Kaiser This link opens a new window.

 
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Annual Returns
 

Quarter Ending 3/31/2009

Sextant Growth Fund Variability of Returns Chart

Note: Highest return for a quarter was +28.3% (quarter ending Dec. 31, 1999) Lowest return for a quarter was -23.8% (quarter ending March 30, 2001).

 
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Morningstar Ratings™
 
Number of Funds in Category
Overall 5 Stars 799
3-Year 5 Stars 799
5-Year 5 Stars 664
10-Year 4 Stars 335

Morningstar Category: Mid-Cap Growth || Rankings as of 05/31/2009

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. These ratings change monthly. The top 10% of funds in an investment category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Ratings. Morningstar does not guarantee the accuracy of this information.

 
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Performance
 

Quarter-End Average Annual Total Returns
as of 3/31/2009

Return Before Taxes
Return After Taxes on Distributions
Return After Taxes on
Distributions & Sale of
Fund Shares
1 Year
-28.68%
-28.70%
-18.61%
3 Year
-9.76%
-9.92%
-8.11%
5 Year
0.51%
0.36%
0.45%
10 Year
2.13%
1.80%
1.70%
Life of Fund
6.71%
6.42%
5.39%

Read more about after-tax returns.

 
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Expense Ratio & Turnover Rate
 

As of 3/27/2009

Maximum Sales Charge (Load) On Purchases: 0%
Maximum Deferred Sales Charge: 0%
Early Redemption Fee (on shares held less than 90 days): 2%
Expense Ratio: 1.25%
Portfolio Turnover Rate: 2%
 
 
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Fund Facts & Features
 

Fund Facts     Fund Features  
Fiscal Year End
November 30
  Minimum Initial Investment
$1,000
CUSIP
804096105
  Minimum Retirement
$100
Net Assets (05/31/2009)
$18.4 Million
  Minimum Additional Investment
$25
Fund Inception
Sept. 28, 1995
  Retirement Accounts
Yes
Fund Symbol
SSGFX
  Check Writing
Yes

 
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Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value of an investment fluctuate daily and an investor's shares, when redeemed, may be worth more or less than the original cost. The Adviser has absorbed, currently or in the past, certain Fund expenses, without which total returns would have been lower. Returns do not reflect the potential deduction of a 2% redemption fee on shares held less than 90 calendar days. Current performance may be higher or lower than performance data quoted herein. Standardized returns current to the most recent month-end can be obtained by visiting our Average Annual Returns Page or by calling toll free 1-800-SATURNA. Please carefully consider an investment's objectives, risks, charges and expenses before investing. You can find this and other important information on the Sextant Funds in the prospectus. Please read it carefully before investing.


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