Amana Growth Fund Institutional Class

Frequently Asked Questions About AMIGX

What does AMIGX invest in?

This fund dedicates a minimum of 80% of its overall net assets to common shares. Its holdings are exclusively common equities, which include international stocks. All investment decisions strictly adhere to Islamic ethical principles. The fund's portfolio is broadly diversified across various industries and companies, and it primarily follows a large-capitalization value investment strategy.

What is the expense ratio of AMIGX?

Amana Growth Fund Institutional Class (AMIGX) charges an expense ratio of 0.61%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AMIGX?

Amana Growth Fund Institutional Class (AMIGX) manages $6.78B 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 AMIGX actively managed or an index fund?

AMIGX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AMIGX launched?

Amana Growth Fund Institutional Class (AMIGX) launched in September 2013 and is managed by the fund issuer.

How has AMIGX performed?

AMIGX'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.