Amana Growth Fund (AMIGX)
The Growth Fund follows Islamic principles in its investment strategy, avoiding businesses involved in prohibited activities like alcohol and gambling. It focuses on companies with sustainable and profitable characteristics, employing a large-cap value style while also considering ESG factors in its investment decisions.
Fund Info
| ISIN | US0228655058 |
|---|---|
| CUSIP | 022865505 |
| Issuer | Amana |
| Inception Date | Sep 25, 2013 |
| Category | Large Cap Growth Equities |
| Min. Investment | $100,000 |
| Home Page | www.saturna.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
AMIGX has a high expense ratio of 0.67%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: AMIGX vs. AMAGX, AMIGX vs. AMAPX, AMIGX vs. ADJEX, AMIGX vs. IMANX, AMIGX vs. VOO, AMIGX vs. AMANX, AMIGX vs. SPUS, AMIGX vs. CZOVX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Amana Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Amana Growth Fund had a return of 7.52% year-to-date (YTD) and 25.19% in the last 12 months. Over the past 10 years, Amana Growth Fund had an annualized return of 15.17%, outperforming the S&P 500 benchmark which had an annualized return of 10.55%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.52% | 7.26% |
| 1 month | -2.83% | -2.63% |
| 6 months | 24.51% | 22.78% |
| 1 year | 25.19% | 22.71% |
| 5 years (annualized) | 16.22% | 11.87% |
| 10 years (annualized) | 15.17% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.27% | 5.25% | 1.81% | |||||||||
| 2023 | -5.02% | -1.16% | 9.54% | 5.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of AMIGX is 83, placing it in the top 17% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Amana Growth Fund(AMIGX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Amana Growth Fund (AMIGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Amana Growth Fund granted a 0.76% dividend yield in the last twelve months. The annual payout for that period amounted to $0.59 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.59 | $0.59 | $2.23 | $0.54 | $3.06 | $1.51 | $1.25 | $3.89 | $4.16 | $2.42 | $2.28 | $1.08 |
Dividend yield | 0.76% | 0.82% | 3.88% | 0.74% | 5.42% | 3.37% | 3.61% | 11.11% | 13.79% | 7.61% | 6.66% | 3.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Amana Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.23 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.06 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.51 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.89 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.16 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.42 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.28 |
| 2013 | $1.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Amana Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Amana Growth Fund was 27.95%, occurring on Sep 30, 2022. Recovery took 306 trading sessions.
The current Amana Growth Fund drawdown is 3.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.95% | Dec 28, 2021 | 192 | Sep 30, 2022 | 306 | Dec 19, 2023 | 498 |
| -26.64% | Feb 13, 2020 | 27 | Mar 23, 2020 | 53 | Jun 8, 2020 | 80 |
| -17.94% | Oct 2, 2018 | 58 | Dec 24, 2018 | 45 | Mar 1, 2019 | 103 |
| -13.26% | May 22, 2015 | 180 | Feb 8, 2016 | 80 | Jun 2, 2016 | 260 |
| -10.11% | Jan 29, 2018 | 9 | Feb 8, 2018 | 107 | Jul 13, 2018 | 116 |
Volatility
Volatility Chart
The current Amana Growth Fund volatility is 4.60%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.