Portfolio Managers
Nicholas Kaiser
Chairman & Director, Saturna Capital
- Income Fund Portfolio Manager since 1990
- Growth Fund Portfolio Manager since 1994 (the Fund's inception)
- Twice nominated Morningstar's Domestic-Stock Manager of The Year (2006 & 2008)
- Twice named to Barron's Top 100 Portfolio Managers (2001 & 2002)
- Northwest Business Monthly's Business Person of The Year (2006)
Born in Bellingham, WA in 1946, Mr. Kaiser graduated from Yale College, with a degree in economics and obtained his MBA from the University of Chicago in 1968, with dual majors in International Economics and Finance. Mr. Kaiser purchased control of Unified Management Corporation (Indianapolis) in 1976, and built it into a mid-sized investment management and brokerage firm. After selling Unified to a major insurance company, he returned to Bellingham and founded Saturna Capital in 1989.
Mr. Kaiser and his children control Saturna Capital through its voting stock. A Chartered Financial Analyst® charterholder, he is Saturna's chief investment officer. He serves Saturna's mutual funds as trustee, president and equity portfolio manager.
Mr. Kaiser's industry activities include service with the Investment Company Institute (past Governor), CFA Institute (past chapter president), Financial Planning Association (past chapter president), and No-Load Mutual Fund Association (past national president). He currently serves on the volunteer boards of St. Paul’s Academy, Mt. Baker Council of the Boy Scouts of America, the Mt. Baker Foundation, and Shawnigan Lake School. He supports a range of non-profit activities, such as the Kaiser Professorship in International Business at Western Washington University. He enjoys sailing, skiing, architecture, programming, politics and history.
Monem Salam
Director of Islamic Investing, Saturna Capital
Deputy Portfolio Manager
Raised in Texas, Mr. Salam earned a BA and an MBA from the University of Texas. He worked as Chief Investment Officer for ITG & Associates (Dallas) until 1999, then as a representative with Morgan Stanley (suburban Dallas). He manages many of Saturna’s Islamic private accounts.
Mr. Salam is active with the Muslim community in North America and chairman of Peaceful Communications, a non-profit supporting documentaries about Muslims in America. Mr. Salam speaks at Islamic finance/investment conferences worldwide, and in U.S. Islamic communities about spirituality, Sharia, and Islamic investing. He is a licensed private pilot, an achievement that is the subject of a PBS documentary.
