Saturna Capital White Papers

  • June 2024 · Behind the Scenes: A Closer Look at the Amana Participation Fund Investment Process, 2nd Edition
    Saturna Capital, White Papers - June 2024

    In this informational article, we answer some of the more commonly asked questions about the Amana Participation Fund's investment process.

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  • April 2024 · El Nino: Is Another Storm Brewing for Emerging Markets?
    Saturna Capital, White Papers - April 2024

    El Niño is a period of unusually warm water temperatures in the eastern Pacific Ocean, while La Niña is a period of unusually cool water temperatures. The El Niño Southern Oscillation is the primary cause of global climate fluctuations from year to year. The warm temperatures caused by El Niño can adversely affect agricultural production worldwide, leading to higher food costs.

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  • March 2024 · GCC Sukuk: A Primer, 3rd Edition
    Saturna Capital, White Papers - March 2024

    We are delighted to release the third edition of our GCC Sukuk Primer. This white paper examines the investment landscape and characteristics of sukuk, or Islamic-compliant investment certificates.

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  • December 2023 · 2023 Impact Report
    White Papers, Amana Mutual Funds Trust - December 2023

    Environmental, social, and governance (ESG) analysis is a useful framework for understanding operations and informing investment decisions. However, the framework has been politicized and subjected to negative media coverage. To ignore ESG information is to turn one’s back on potentially valuable insights.

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  • October 2023 · 2023 Impact Report
    Saturna Capital, White Papers - October 2023

    Saturna's portfolio managers are thoughtful about how we construct our portfolios and how we incorporate the United Nation's Sustainable Development Goals. Through our analysis of SDG reporting, a clear picture emerged of which goals are popular, which are more difficult, and which tend to be unsupported.

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  • October 2022 · 2022 Impact Report
    Saturna Capital, White Papers - October 2022

    Saturna's portfolio managers are thoughtful about how we construct our portfolios and how we incorporate the United Nation's Sustainable Development Goals. Through our analysis of SDG reporting, a clear picture emerged of which goals are popular, which are more difficult, and which tend to be unsupported.

    Continue reading . . .
     
  • June 2022 · Beneath the Waves: An Overview of Saturna Capital's Sustainable Fixed-Income Investment Process
    Saturna Capital, White Papers - June 2022

    In this article, we provide investors with an overview of Saturna Capital's sustainable fixed-income investment process. We aim to help elevate investors' awareness of how we explicitly integrate environmental, social, and governance (ESG) considerations into our investment approach of constructing globally diversified fixed-income portfolios.

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  • June 2022 · The Case for Global Bonds, 2nd Edition
    Saturna Capital, White Papers - June 2022

    When combined with environmental, social, and governance (ESG) integration, a global bond strategy can be on the cutting edge of sustainable finance by investing in companies and sovereign nations that embrace increasingly better policies and provide unique opportunities for positive impact. With the whole world to choose from, the discussion of global debt cannot be separated from the discussion of sustainability — climate-related risks, water, and carbon emissions are all factors to consider.

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  • April 2022 · GCC Sukuk: A Primer, 2nd Edition
    Saturna Capital, White Papers - April 2022

    This 2nd edition GCC Sukuk Primer provides an overview of the investment landscape and characteristics of Islamic-compliant investment certificates, commonly referred to as sukuk, a market niche that continues to evolve. We will cover the risk and return attributes of sukuk and explore their relationship to changes in the price of oil, since hydrocarbons largely drive sukuk issuers’ economies.

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  • January 2022 · ESG Ratings & Sovereign Sustainability Scores: Are Environmental Signals Being Missed?
    Saturna Capital, White Papers - January 2022

    In this article we examine how effectively ESG ratings firms assess sovereign ESG factors, especially concerning the environment. We will discuss climate initiatives formed by the United Nations, and examine how sustainability regulations and investors’ behavioral biases are potentially increasing risk rather than reducing it.

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These reports should not be considered as providing investment advice or services, or any service offered by Saturna. Saturna may not have taken any steps to ensure that the securities referred to in these reports are suitable for any particular investor. Saturna will not treat recipients as its customers by virtue of their reading or receiving the reports.

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. Standardized returns current to the most recent month-end can be obtained by visiting Month-end Performance.