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 features an expense ratio of 0.67%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: AMIGX vs. AMAGX, AMIGX vs. AMAPX, AMIGX vs. ADJEX, AMIGX vs. VOO, AMIGX vs. CZOVX, AMIGX vs. IMANX, AMIGX vs. AMANX, AMIGX vs. VFTNX, AMIGX vs. SPUS, AMIGX vs. HLAL
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 18.33% year-to-date (YTD) and 28.24% in the last 12 months. Over the past 10 years, Amana Growth Fund had an annualized return of 15.15%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 18.33% | 25.45% |
| 1 month | -0.61% | 2.91% |
| 6 months | 7.90% | 14.05% |
| 1 year | 28.24% | 35.64% |
| 5 years (annualized) | 17.22% | 14.13% |
| 10 years (annualized) | 15.15% | 11.39% |
Monthly Returns
The table below presents the monthly returns of AMIGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.27% | 5.25% | 1.81% | -3.89% | 2.89% | 5.98% | -1.66% | 3.28% | 0.22% | -3.69% | 18.33% | ||
| 2023 | 5.27% | -3.19% | 5.75% | 0.40% | 0.84% | 6.06% | 1.14% | -0.42% | -5.02% | -1.16% | 9.54% | 5.11% | 26.00% |
| 2022 | -7.91% | -4.66% | 1.97% | -7.61% | -0.51% | -6.97% | 9.16% | -4.36% | -9.36% | 8.56% | 7.81% | -4.83% | -19.30% |
| 2021 | -0.57% | 1.21% | 2.99% | 4.07% | 0.99% | 4.65% | 4.65% | 4.31% | -7.44% | 7.91% | 2.29% | 3.68% | 31.80% |
| 2020 | -0.20% | -5.55% | -8.36% | 10.88% | 6.29% | 4.10% | 6.93% | 6.78% | -2.51% | -4.01% | 11.12% | 5.67% | 32.97% |
| 2019 | 7.40% | 5.90% | 3.34% | 3.58% | -6.58% | 6.94% | 0.47% | 0.12% | 0.35% | 1.85% | 3.20% | 3.38% | 33.42% |
| 2018 | 5.56% | -3.13% | -0.84% | -1.69% | 4.09% | 0.06% | 5.03% | 5.47% | 1.79% | -6.97% | 1.96% | -7.51% | 2.70% |
| 2017 | 3.22% | 4.63% | 1.29% | 2.15% | 2.58% | -0.29% | 1.51% | 2.26% | 1.87% | 2.99% | 3.36% | 0.42% | 29.22% |
| 2016 | -4.66% | 0.56% | 5.74% | -0.34% | 3.11% | 0.06% | 4.35% | -0.64% | -0.03% | -3.26% | 1.23% | 1.84% | 7.77% |
| 2015 | -3.27% | 6.73% | -1.58% | -0.34% | 1.35% | -2.76% | 3.54% | -6.58% | -1.84% | 6.65% | 0.17% | -1.50% | -0.29% |
| 2014 | -2.66% | 5.88% | 0.36% | -1.69% | 2.18% | 2.41% | -2.79% | 4.35% | -0.69% | 3.33% | 4.12% | -0.95% | 14.22% |
| 2013 | -0.66% | 3.34% | 2.62% | 3.07% | 8.58% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AMIGX is 40, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 provided a 0.28% dividend yield over the last twelve months, with an annual payout of $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $0.25 | $0.21 | $0.25 | $0.27 | $0.22 | $0.26 | $0.27 | $0.23 | $0.18 | $0.24 |
Dividend yield | 0.28% | 0.33% | 0.43% | 0.28% | 0.44% | 0.59% | 0.62% | 0.73% | 0.90% | 0.71% | 0.53% | 0.76% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.24 | $0.24 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2013 | $0.24 | $0.24 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 1.55%.
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 |
| -10.91% | Jul 17, 2024 | 16 | Aug 7, 2024 | — | — | — |
Volatility
Volatility Chart
The current Amana Growth Fund volatility is 4.09%, 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.