Prospectus (.pdf)
Fact Sheet (.pdf)
Semi-Annual Report (.pdf)
Annual Report (.pdf)
Statement of Additional Information (.pdf)


Disclosure of Portfolio Holdings
Month-end Portfolio Schedule
Semi-Annual Form N-Q
Proxy Voting Guidlines
Proxy Voting Record Form N-PX
Contract Renewed
Board Governance Policy
Business Continuity Plan

No Transaction Fee

Objective
The primary objective of the Growth Fund is long-term capital growth, consistent with Islamic principles.

Strategy
Amana Mutual Funds Trust is designed to provide investment alternatives that are consistent with Islamic principles. Generally, Islamic principles require that investors share in profit and loss, that they receive no usury or interest, and that they do not invest in a business that is not permitted by Islamic principles. Some of the businesses not permitted are liquor, wine, casinos, pornography, insurance, gambling, pork processing, and interest-based banks or finance associations.

The Funds do not make any investments that pay interest. In accordance with Islamic principles, the Funds shall not purchase bonds, debentures, or other interest paying obligations of indebtedness. The businesses not permitted are liquor, wine, casinos, pornography, insurance, gambling, pork processing, and interest-based banks or finance associations.

Risk
Investing in securities entails both market risks and risk of price variation in individual securities. Common stock investments involve greater risk, and commensurably greater opportunity for reward, than some other investments, such as investments in short-term bonds and money market instruments.

Islamic principles restrict the Funds’ ability to invest in certain stocks and market sectors, such as financial companies and fixed-income securities. This may limit opportunities and increase the risk of loss during market declines.

By diversifying its investments, each Fund reduces the risk of owning a few securities. The Growth Fund typically invests in smaller and less seasoned companies than the Income Fund, which may lead to greater variability in Growth Fund’s returns. The Growth Fund is suitable for investors seeking higher returns and willing to accept greater fluctuations in value (risk) than Income Fund investors.

Investing in foreign securities involves risks not typically associated directly with investing in U.S. securities. These risks include fluctua-tions in exchange rates of foreign currencies; less public information with respect to issuers of securities; less governmental supervision of exchanges, issuers, brokers; lack of uniform accounting, auditing, and financial reporting standards. There is also a risk of adverse political, social or diplomatic developments that affect investment in foreign countries.

Portfolio Manager: Nicholas Kaiser

Quarter Ending 3/31/2009. Note: Highest return for a quarter was +62.7% (quarter ending December 31, 1999). Lowest return for a quarter was -18.7% (quarter ending September 30, 2002).

Rankings as of 05/31/2009		% Rank in Category	Number of Funds in Category
Overall		N/A	1562
1-Year	N/A	2	1836
3-Year		3	1562
5-Year		1	1298
10-Year		2	660

Morningstar™ Category: Large Growth

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. These ratings change monthly. The top 10% of funds in an investment category receive five stars, the next 22.5% receive four stars, the next 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Ratings. Morningstar does not guarantee the accuracy of this information.

Lipper Category: Multi-Cap Growth Funds

Lipper Quintile Rankings reflect past performance which is not an indicator or a guarantee of future results. 20% of the funds in each Lipper category are in the 1st quintile.

Source: Lipper, a Reuters Company. Lipper is a nationally recognized organization that ranks the performance of mutual funds within a universe of funds that have similar investment objectives. Rankings are historical and are based on total return with capital gains and dividends reinvested. Rankings do not consider any sales charges. Saturna funds do not have sales charges.

Read more about after-tax returns.