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 5:18 PM ET 09/17/2021

Performance

  • 1 Week
  • -1.17%
  • 1 Month
  • -3.81%
  • 3 Months
  • +1.53%
  • 1 Yr Return
  • +13.49%
  • 5 Yr Return
  • +36.63%

Equity Sector Breakdown

Technology 25.16%
Health 18.93%
IndustrialCyclical 18.30%
NonDurables 14.50%
ConsumerDurables 6.13%
RetailTrade 5.63%
Energy n/a
Finance n/a
Services n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 93.75%
ForeignStocks 15.54%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 794.53 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.25 -1.52 n/a
Beta 0.83 0.86 n/a
R Squared 0.90 0.87 n/a
Std Deviation 16.23 13.77 n/a
Sharpe Ratio 0.93 0.98 n/a

Purchase Information

as of 5:26 PM ET 09/16/2021
Minimum Initial $100000
Minimum Additional $25
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +24.67%
  • +29.90%
+24.67% +29.90%
3 Year
  • +14.85%
  • +16.12%
+14.85% +16.12%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +11.84%
  • +11.50%
+11.84% +11.50%

Top 10 Holdings

Symbol Company Name % Of Assets
LLY ELI LILLY & CO 7.24%
MSFT MICROSOFT CORP 6.46%
TSM TAIWAN SEMICONDUCTOR MANUFACT 6.46%
ROK ROCKWELL AUTOMATION INC 5.12%
PPG PPG INDUSTRIES INC 4.59%
ITW ILLINOIS TOOL WORKS 4.50%
HON HONEYWELL INTL INC 3.89%
MKC MCCORMICK & CO 3.46%
INTC INTEL CORP 3.33%
GPC GENUINE PARTS CO 3.24%

Recent Articles from TheStreet

Chinese Investors Mock Asset Managers And Offer Advice On Stock Picks For Cautious Approach To Renewables Sector

Stocks May Drop 20% as Stimulus Eases, Growth Slows: Morgan Stanley

Stocks could drop 20% as fiscal stimulus is withdrawn and economic growth slows, a Morgan Stanley strategist says.

AstraZeneca Takeover Chatter Bubbles Up Again After Massive Drug Trial Disappointment

AstraZeneca Stock Rises on Progress With Breast-Cancer Treatment

AstraZeneca's breast-cancer treatment reduced the risk of disease progression or death by 72% vs. a currently approved treatment.

Cryptocurrency Lead

Cryptocurrency Price Check: Bitcoin Tumbles on Evergrande Woes

Bitcoin and other cryptocurrencies are battered as China Evergrande Group struggles with bond obligations.

China Aims To Strengthen Its Semiconductor Supply Chain With New Standards Group That Includes Huawei, SMIC

Brooks Automation Stock Jumps on Plan to Sell Chip Solutions Unit for $3B

Brooks Automation is selling its chip solutions group and said it would no longer pursue splitting into two companies.

DR Horton, Verizon, HCA Holdings Top Analysts' Actions Monday

DR Horton Trims 2021 Sales Forecast Amid Supply Chain Disruptions

DR Horton said "significant disruptions in the supply chain ... along with tightness in the labor market" will lead to a modestly lower full-year sales forecast.

11. Colgate-Palmolive

Colgate-Palmolive Underappreciated, Deutsche Bank Says, Lifting to Buy

Colgate-Palmolive stock was upgraded to buy with an $86 price target at Deutsche Bank.

Watch Jim Cramer Live 9/20

Video: Jim Cramer on the Market Selloff, Evergrande, Debt Ceiling, Fed, Pfizer

Jim Cramer discusses the market selloff, Evergrande, debt ceiling talks, the upcoming Federal Reserve meeting, Pfizer and more in his latest video interview with TheStreet.

Wynn Lead

Wynn Resorts 'Worth Risk' of Macau Restrictions, Morgan Stanley Says

Wynn Resorts faces regulatory uncertainty in Macau, but Morgan Stanley says the casino operator is still 'worth the risk.'

Chinese Tesla Challenger Xpeng Prices Its P5 Sedan From US$24,700 After Subsidies As Battle For EV Buyers Intensifies

Tesla Wider Self-Driving Effort Reportedly Opposed by NTSB Chief

Tesla wants to expand its autonomous-driving effort to help cars make their way through cities, not just highways.

BioNTech and Pfizer's mRNA-based vaccine candidate BNT162b2 has proven to be more than 90 per cent effective in preventing Covid-19 infections. Photo: Reuters

Premarket Movers Monday - Pfizer, Netflix, Li Auto, AstraZeneca

Stocks moving in premarket trading Monday include Pfizer, Netflix, Li Auto, AstraZeneca and Bank of America.