Azzad Ethical Fund (ADJEX)

14.16
Net Asset Value
-0.14%
1 Day
+6.55%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.35%
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. In addition, it may purchase domestic and foreign stocks directly or through American Depository Receipts (ADRs). The fund does not invest in corporations that derive substantial revenue (defined as more than 5% of total revenue) from alcohol, tobacco, pornography, meat, gambling or weapons industries as determined by the Adviser. It is non-diversified.

Performance

1 month+4.19% 3 years+18.51%
3 months+5.36% 5 years+17.28%
1 year+21.87% Since inception+5.36%
Data through --

Peer Comparisonvs. Mid-cap growth

 ADJEXCategory
Performance 5-yr return+17.28%+18.98%
Expense ratio1.35%1.34%
Risk 5 year sharpe ratio1.061.03
Net assets$49.4M$1.3B
Average market cap$8.7B$8.8B
Average P/E21.724.6
Portfolio turnover57%57%

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Fund Management and Purchase Info

Fund familyAzzad Fund
Fund manager & tenureJamal Elbarmil / 5 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

U.S. stock95.42%
International stock2.47%
Cash1.57%
Fixed income0.54%
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
SLXP Salix Pharmaceuticals Ltd2.34%
SWKS Skyworks Solutions Inc2.03%
MJN Mead Johnson Nutrition Co2.00%
ODFL Old Dominion Freight Lines1.98%
GMCR Keurig Green Mountain Inc1.91%
ABC AmerisourceBergen Corp1.81%
SPN Superior Energy Services Inc1.80%
FL Foot Locker Inc1.77%
DECK Deckers Outdoor Corp1.72%
HP Helmerich & Payne Inc1.72%

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