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Azzad Ethical Fund (ADJEX)

13.73
Net Asset Value
-0.36%
1 Day
+10.55%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.16%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide shareholders with long-term total returns using means that are consistent with the Adviser's ethical principles. Under normal market conditions, the fund will invest in securities of mid-capitalization companies included in the Russell Midcap ® Growth Index at the time of purchase. It will invest at least 80% of its assets (defined as net assets plus borrowing for investment purposes) in securities meeting the fund's ethical investment criteria. The fund may also invest in real estate-related securities when such securities are included in the index. It is non-diversified.

Performance

1 month-2.13% 3 years+3.52%
3 months+1.55% 5 years+9.08%
1 year+10.08% Since inception+5.25%
Data through --

Peer Comparisonvs. Mid-cap growth

 ADJEXCategory
Performance 5-yr return+9.08%+12.72%
Expense ratio1.16%1.24%
Risk 5 year sharpe ratio0.881.12
Net assets$69.2M$1.4B
Average market cap$11.0B$11.1B
Average P/E24.427.9
Portfolio turnover34%34%

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Fund Management and Purchase Info

Fund familyAzzad Fund
Fund manager & tenureChristian Greiner / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock96.47%
Cash2.31%
International stock1.22%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 20.13%
Hardware 18.69%
Energy 13.29%
Consumer service 9.24%
Consumer goods 7.96%
Top 10 Holdings
Portfolio weighting
LRCX Lam Research Corp2.09%
VRSN Verisign Inc2.02%
EFX Equifax Inc2.01%
PKG Packaging Corp of America1.93%
HSIC Henry Schein Inc1.92%
MCHP Microchip Technology Inc1.91%
IT Gartner Inc1.89%
XYL Xylem Inc1.81%
ROK Rockwell Automation Inc1.79%
CTXS Citrix Systems Inc1.79%