Forbes – 20 Great Stock Ideas For 2020, From The Best Fund Managers | Saturna Capital
Scott Klimo, Chief Investment Officer, Vice President, and Portfolio Manager at Saturna Capital

December 29, 2019 – The Forbes article “20 Great Stock Ideas For 2020, From The Best Fund Managers” mentioned Amana Growth Fund and Sextant Growth Fund, and discussed “best ideas” for investing in 2020 with Scott Klimo, Saturna Capital’s chief investment officer.

Forbes, a global media company specializing in the financial industry, asked managers of 10 well-performing funds to reveal their best near-term investment ideas and the rationales for their selections. Forbes staff writer Sergei Klebnikov compiled the list of “best performing managers” using data from Morningstar, a global mutual fund research and rating company. Klebnikov looked for managers that “beat their benchmarks both in 2019 as well as on a longer-term basis over either a three-year, five-year or ten-year period.” Those criteria surfaced both Sextant Growth Fund, managed by Klimo, and Amana Growth Fund, for which he is deputy portfolio manager. Klimo was the only manager on the list with two top-performing funds.

In the article, Klimo discusses two of his favorite stock picks for the coming year. He named Lowe’s Companies, which he believes “will benefit from a strong housing market next year,” and Ally Financial, which he believes will see growth as “a leader in auto lending, particularly in used car financing.”

Scott Klimo CFA® joined Saturna Capital in 2012. In addition to his roles with Amana Growth and Sextant Growth, he serves as a vice president of Saturna Capital and portfolio manager for other accounts.

Scroll right to see more »

Average Annual Total Returns

As of December 31, 2019 Ticker 1 Year 3 Year 5 Year 10 Year 15 Year Expense Ratio1
Amana Growth Investor Shares AMAGX 33.07% 20.70% 13.51% 12.81% 11.09% 1.03%
Amana Growth Institutional Shares AMIGX 33.41% 20.98% 13.77% n/a n/a 0.79%
Sextant Growth Investor Shares SSGFX 36.38% 18.78% 10.29% 11.68% 8.81% 0.92%
Sextant Growth Z Shares SGZFX 36.77% n/a n/a n/a n/a 0.70%

1 Expense ratios shown are as stated in the Funds' most recent prospectus dated September 27, 2019, for Amana Growth Fund and March 27, 2019, for Sextant Growth Fund.

Scroll right to see more »

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.

Ownership of Securities Mentioned

As of December 31, 2019, the Funds held the following percentages of securities mentioned above in their portfolios (% of net assets): 

  Amana Growth Sextant Growth
Ally Financial   2.23%
Lowe's Companies 2.15% 2.88%