Amana Developing World Fund Institutional Class (AMIDX)
Amana Developing World Fund Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $18.81, up 1.02% on the session, giving a market capitalisation of $215.7M. Its beta of 0.93 implies it has historically moved less than the broad market.
The fund invests at least 80% of total net assets in common stocks of companies with significant exposure (50% or more of production assets, or revenues) to countries with developing economies and/or markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.
Amana Developing World Fund Institutional Class is most often compared with the following Financial Services names: