Amana Participation Fund Investor Shares AMAPX Strategy
Strategy
The investment seeks capital preservation and current income, consistent with Islamic principles; capital preservation is its primary objective. Under normal conditions, the fund invests at least 80% of its total net assets in short and intermediate-term Islamic income-producing investments. It invests at least 65% of its assets in securities rated within the four highest grades (Aaa, Aa, A, Baa) by a nationally-recognized rating agency and may invest up to 35% in unrated and high-yield notes and certificates, which may be considered equivalent to "junk bonds". The fund is non-diversified.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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AMAPX
| Amana Participation Fund Investor Shares | No Load | Open | $49.66M | 0.810% | Average | $100 | $13.44M | |||
AMIPX
| Amana Participation Fund Institutional Shares | Institutional | Open | $270.04M | 0.570% | Below Average | $100,000 | $21.41M |