January 4, 2019 – Financial news and investing publication Barron’s Magazine mentions Amana Growth Fund and Amana Income Fund in the article “The Top Sustainable Funds.” The article discusses the findings of Barron’s third annual survey of top US large-company, actively-managed stock funds and includes Barron’s 2018 list of the top 188 actively managed funds, ranked by portfolio sustainability rating and one-year total return. Barron’s ranked Amana Growth Fund 8th and Amana Income Fund 95th.
Barron’s 2018 annual survey methodology used data from mutual fund rating firm Morningstar, and ESG research and sustainability rating firm Sustainalytics. Morningstar tracks 35,500 funds in its database, and Sustainalytics assigns sustainability scores to more than 10,000 companies worldwide. Barron’s initially screened for large-cap US stock funds with assets of $300 million or more and at least one year’s worth of performance. For 2018, this resulted in a list of 188 funds. Barron’s then ranked the funds by one-year total return for the 12-month period ended December 31, 2018.
To view the Funds’ performance current to the most recent month-end visit Saturna’s Month-end Performance page. The Amana Funds publish their Morningstar Star Ratings and Sustainability Ratings in their quarterly performance commentary.
A Few Words About Risk:
Performance data quoted represents past performance which is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. Standardized returns current to the most recent month-end can be obtained by visiting our Month-End Returns Page or by calling toll free 1-800-728-8762.
The Income and Growth Funds limit the securities they purchase to those consistent with Islamic and sustainable finance principles, which limits opportunities and may affect performance.
The value of the Funds’ shares rises and falls as the value of the stocks in which the Funds invest goes up and down. Only consider investing in the Funds if you are willing to accept the risk that you may lose money.
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.
The Income and Growth Funds may invest in the securities of foreign issuers, which are subject to political, regulatory, market, and economic uncertainties.