What types of funds does Amana Mutual Funds Trust offer?
Amana Mutual Funds Trust offers a range of Shariah-compliant funds designed to meet the diverse investment objectives of investors. The funds offered include equity, balanced, and income funds, providing investors with different risk profiles and investment goals. The equity funds invest in stocks of companies deemed compliant with Islamic principles and follow a socially responsible approach. The balanced funds include a mix of equities and fixed-income securities, offering a more balanced risk-reward exposure. Income funds focus on generating regular income through investments in fixed-income securities. With Amana Mutual Funds Trust, investors have the flexibility to choose from a variety of funds that adhere to Islamic guidelines while pursuing their specific financial objectives.
Answered Nov 2, 2023
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