Azzad Ethical Fund (ADJEX)

13.67
Net Asset Value
-0.73%
1 Day
+2.63%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.17%
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 including real estate investment trusts ("REITS") when such securities are included in the index. It is non-diversified.

Performance

1 month-2.70% 3 years+4.98%
3 months-2.91% 5 years+10.79%
1 year+15.06% Since inception+5.73%
Data through --

Peer Comparisonvs. Mid-cap growth

 ADJEXCategory
Performance 5-yr return+10.79%+11.94%
Expense ratio1.17%1.21%
Risk 5 year sharpe ratio0.861.00
Net assets$77.6M$1.6B
Average market cap$12.3B$11.9B
Average P/E24.424.9
Portfolio turnover108%108%

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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. stock97.33%
Cash2.59%
International stock0.08%
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 Corp2.03%
MCO Moody's Corp2.00%
VRSN Verisign Inc1.95%
CTXS Citrix Systems Inc1.87%
MCHP Microchip Technology Inc1.81%
PKG Packaging Corp of America1.72%
WAT Waters Corp1.71%
JBHT J B Hunt Transport Services Inc1.71%
KLAC KLA-Tencor Corp1.65%
IT Gartner Inc1.62%