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Amana Trust Growth Fund
Symbol: AMAGXCategory: Large growth Description: The fund invests in stocks focused on long-term growth that are consistent with Islamic principles. It favors mid-sized and smaller companies whose growth is expected to outpace the economy. Screens: The fund screens for businesses related to liquor, wine, gambling, pornography, insurance and pork processing. Since Islamic principles require that investors receive no interest, the fund also doesn't invest in interest-based banks or other investments that pay interest. 1-year return: 22.80% Expense ratio: 1.65% More information: Amana Mutual Funds Trust |
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