Azzad Ethical Fund (ADJEX)

13.74
Net Asset Value
-0.29%
1 Day
+3.15%
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-0.43% 3 years+6.07%
3 months+5.73% 5 years+10.41%
1 year+18.60% Since inception+5.99%
Data through --

Peer Comparisonvs. Mid-cap growth

 ADJEXCategory
Performance 5-yr return+10.41%+13.73%
Expense ratio1.17%1.21%
Risk 5 year sharpe ratio0.971.15
Net assets$80.3M$1.6B
Average market cap$12.6B$12.9B
Average P/E26.528.7
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. stock96.13%
Cash2.56%
International stock1.30%
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
MCO Moody's Corp1.94%
PKG Packaging Corp of America1.86%
IT Gartner Inc1.85%
LRCX Lam Research Corp1.85%
VRSN Verisign Inc1.83%
MCHP Microchip Technology Inc1.82%
CTXS Citrix Systems Inc1.81%
WAT Waters Corp1.79%
JBHT J B Hunt Transport Services Inc1.70%
CRI Carter's Inc1.65%