About AMDWX
Amana Mutual Funds Trust Developing World Fund Investor Shares is a diversified mutual fund designed to pursue long-term capital growth by investing in companies with significant operations or revenue exposure in developing economies. The fund adheres to Islamic investment principles, restricting allocations in certain sectors such as conventional financial services and traditional fixed-income securities. By focusing primarily on common stocks, the fund typically maintains at least 80% of its assets in equities tied to emerging markets, covering regions such as South Korea, Taiwan, Thailand, Turkey, Vietnam, and the United Arab Emirates.
This fund employs a large-cap value investment approach and diversification across industries and countries to help manage risk. Its top holdings span sectors like technology, healthcare, consumer defensive, utilities, and basic materials, with notable allocations to companies such as Taiwan Semiconductor Manufacturing, Jabil Inc., and Unilever PLC. The fund also maintains a relatively high cash position for flexibility and risk management.
The Amana Developing World Fund is recognized for integrating sustainable and faith-based screens, appealing to investors who prioritize ethical considerations alongside exposure to emerging market growth opportunities.
Fund Family Amana
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol AMDWX
Share Class Investor Shares
Index MSCI EM (Emerging Markets) NR USD
AMDWX had a total return of 19.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.96%.
