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Address And Details

Holly Plz, 1300 N State St , Bellingham, WA 98225
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

Current income and preservation of capital, consistent with Islamic principles. Current income is its primary objective. The Income Fund invests primarily in dividend-paying common stocks, including foreign stocks. Investment decisions are made in accordance with Islamic principles. Generally, Islamic principles require that investors share in profit and loss, that they receive no usury or interest, and that they do not invest in a business that is prohibited by Islamic principles. Some of the businesses not permitted are alcohol, pornography, insurance, gambling, pork processing, and interest-based banks or finance associations. The Income Fund does not make any investments that pay interest. Islamic principles discourage speculation, and the Fund tends to hold investments for several years. The Income Fund diversifies its investments across industries and companies, and principally follows a large-cap value investment style. Common stock purchases are restricted to dividend-paying companies. The Fund seeks companies demonstrating both Islamic and sustainable characteristics. The Fund's adviser (Saturna Capital Corporation) considers issuers with sustainable characteristics to be those issuers that are more established, consistently profitable, and financially strong, and with robust policies in the areas of the environment, social responsibility, and corporate governance ("ESG"). The Fund's adviser employs a sustainable rating system based on its own, as well as third-party, data to identify issuers believed to present low risks in ESG. The Fund's adviser also uses negative screening to exclude security issuers primarily engaged in higher ESG risk businesses such as alcohol, tobacco, pornography, weapons, gambling, and fossil fuel extraction. It is the policy of the Income Fund, under normal circumstances, to invest at least 80% of its total net assets in income-producing securities, primarily dividend-paying common stocks.

Net Asset Value

as of 5:17 PM ET 05/20/2022

Performance

  • 1 Week
  • -1.27%
  • 1 Month
  • -6.53%
  • 3 Months
  • -3.72%
  • 1 Yr Return
  • -6.08%
  • 5 Yr Return
  • +21.22%

Equity Sector Breakdown

Technology 25.94%
Health 22.82%
IndustrialCyclical 15.16%
NonDurables 11.62%
ConsumerDurables 5.99%
RetailTrade 5.54%
Services 0.93%
Energy n/a
Finance n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 93.87%
ForeignStocks 17.36%
Other 6.13%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 747.22 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.53 -0.48 -0.93
Beta 0.85 0.85 0.87
R Squared 0.91 0.87 0.88
Std Deviation 16.57 15.03 12.71
Sharpe Ratio 0.72 0.75 n/a

Purchase Information

as of 5:38 PM ET 05/19/2022
Minimum Initial $250
Minimum Additional $25
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • +3.07%
  • +9.12%
+3.07% +9.12%
3 Year
  • +11.18%
  • +13.61%
+11.18% +13.61%
10 Year
  • +10.90%
  • +11.35%
+10.90% +11.35%
Life Of Fund
  • +8.99%
  • +9.13%
+8.99% +9.13%

Top 10 Holdings

Symbol Company Name % Of Assets
LLY ELI LILLY & CO 9.14%
MSFT MICROSOFT CORP 7.81%
OTHER TOTAL*OTHER 6.13%
TSM TAIWAN SEMICONDUCTOR MANUFACT 5.76%
ROK ROCKWELL AUTOMATION INC 5.22%
ITW ILLINOIS TOOL WORKS 4.24%
PFE PFIZER INC 3.53%
MKC MCCORMICK & CO INC 3.48%
ABBV ABBVIE INC 3.38%
PPG PPG INDUSTRIES INC 3.30%

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