Fund Features
Opening Your Account
To open your account, send a completed and signed application found at the back of the Prospectus along with your investment check. Please make the check payable to the Fund of your choice (either Income, Growth or Developing World).
Sharia Compliant Investing
To ensure that investments meet the requirements of the Islamic faith, the Adviser (Saturna Capital) follows guidelines established by the Fiqh Council of North America (FCNA), a non-profit organization serving the Muslim community. Read more...
Check Writing From Your Amana Funds
Shareowners may also redeem by writing checks for amounts of $500 or more. Upon request, a Fund will provide a small book of blank checks for a $10 fee, which may then be used to write checks to any payee. Checks are redeemed at the price next determined after receipt by the Fund’s custodian. To use this service, request the check writing feature on the application.
Fees
The Funds impose no fees on share purchases or sales, and no deferred sales charges. However, to discourage speculation, there is a 2% redemption fee on shares held less than 90 calendar days. Please see the Prospectus for a complete discussion of management fees and other substantial operating expenses.
Redemptions
You may sell your Fund shares at any time and in a number of ways, including telephone or written instructions, internet transactions, and checkwriting. You will be paid the market price for your shares on the day we receive your order.
Tax Information
Any redemption, including exchanges and checks written by a shareowner, constitutes a sale for U.S. income tax purposes. Investors may realize a capital gain or loss on the redemption. Consolidated 1099 or 1042 tax information is provided to investors each January.
Shareowners who are not U.S. taxpayers may be subject to foreign withholding tax on income dividends under U.S. provisions applicable to foreign investors. Capital gains distributions are not subject to foreign withholding.
