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Azzad Ethical Fund (ADJEX)

13.47
Net Asset Value
+0.82%
1 Day
+8.45%
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. The fund invests in common stocks of companies of all sizes that comply with the Adviser's ethical investment restrictions. It seeks total return, which includes income from dividends and capital appreciation of portfolio securities held by the fund. The Adviser looks for companies of any market cap that it believes are reasonably priced with high forecasted earnings potential. The fund is non-diversified.

Performance

1 month+5.07% 3 years+2.89%
3 months+6.50% 5 years+7.91%
1 year+20.59% Since inception+4.87%
Data through --

Peer Comparisonvs. Mid-cap growth

 ADJEXCategory
Performance 5-yr return+7.91%+11.79%
Expense ratio1.16%1.25%
Risk 5 year sharpe ratio0.680.90
Net assets$66.1M$1.2B
Average market cap$11.1B$9.5B
Average P/E24.226.6
Portfolio turnover34%34%

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Fund Management and Purchase Info

Fund familyAzzad Fund
Fund manager & tenureJamal Elbarmil / 8 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock93.65%
Cash4.95%
International stock1.40%
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
IPGP IPG Photonics Corp2.37%
IFF International Flavors & Fragrances Inc2.22%
ODFL Old Dominion Freight Line Inc2.06%
AKAM Akamai Technologies Inc2.03%
COO Cooper Companies Inc2.01%
MCHP Microchip Technology Inc1.96%
AZO Autozone Inc1.96%
SWKS Skyworks Solutions Inc1.91%
FL Foot Locker Inc1.90%
GNTX Gentex Corp1.88%

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