- What does AMIDX invest in?
- The fund invests at least 80% of total net assets in common stocks of companies with significant exposure (50% or more of production assets, or revenues) to countries with developing economies and/or markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.
- What is the expense ratio of AMIDX?
- Amana Developing World Fund Institutional Class (AMIDX) charges an expense ratio of 0.98%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is AMIDX?
- Amana Developing World Fund Institutional Class (AMIDX) manages $202.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is AMIDX actively managed or an index fund?
- AMIDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was AMIDX launched?
- Amana Developing World Fund Institutional Class (AMIDX) launched in September 2013 and is managed by the fund issuer.
- How has AMIDX performed?
- AMIDX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
