Saturna Sustainable Equity Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.1%
1 yr return
11.0%
3 Yr Avg Return
1.5%
5 Yr Avg Return
7.6%
Net Assets
$24.6 M
Holdings in Top 10
34.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 8.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SEEFX - Profile
Distributions
- YTD Total Return 10.1%
- 3 Yr Annualized Total Return 1.5%
- 5 Yr Annualized Total Return 7.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.71%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameSaturna Sustainable Equity Fund
-
Fund Family NameSaturna Sustainable Funds
-
Inception DateMar 27, 2015
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJane Carten
Fund Description
Under normal conditions, the Fund invests at least 80% of its net assets in equities of issuers located throughout the world that the Fund’s Adviser believes demonstrate sustainable characteristics. For purposes of this investment policy, the Fund’s Adviser (Saturna Capital Corporation) considers issuers with sustainable characteristics to be those issuers that are more established, consistently profitable, financially strong, and with robust policies in the areas of the environment, social responsibility, and corporate governance (“ESG”).
The Fund’s Adviser employs a fundamental research driven approach to stock selection and portfolio construction. The Adviser’s focus on sustainability considers financial and nonfinancial characteristics from diverse sources including regulatory filings, market data, and data supplied by third-party vendors. The Adviser uses that information to identify issuers with strong balance sheets, capable management teams with a track record of success, good cash flow, prospects for sustainable above-average earnings growth, and to assess issuers’ business models, over the long term.
The Fund’s Adviser employs a proprietary sustainable rating system based on its own, as well as third-party, data to identify issuers believed to present low risks in ESG. The use of third-party data does not include third-party ESG ratings or criteria established by third parties for third-party ratings. The Fund’s ESG evaluation process considers risks and opportunities holistically, meaning an issuer will not necessarily be excluded from investment due to any one particular factor if the overall analysis results in a favorable evaluation by the Adviser. The Fund’s Adviser also uses negative screening to exclude security issuers primarily engaged in higher ESG risk businesses such as alcohol, tobacco, pornography, weapons, gambling, and fossil fuel exploration, production, or refining. The Fund generally does not invest in any issuer with exposure to the foregoing businesses, but may invest in an issuer if the issuer is not primarily engaged in higher ESG risk businesses.
The Fund diversifies its investments across industries, companies, and countries, and generally follows a large and mid-cap value investment approach. The Fund prefers seasoned companies that are expected to grow revenue and earnings, favoring equities of companies trading for less than the Adviser’s assessment of their intrinsic value, which typically means companies with low price/ earnings multiples, strong balance sheets, and higher dividend yields. The Fund principally invests in securities of companies with market capitalizations of greater than $5 billion. The Fund may invest up to 30% of net assets in companies with headquarters in countries with developing economies and/or markets.
SEEFX - Performance
Return Ranking - Trailing
Period | SEEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.1% | -35.6% | 29.2% | 89.93% |
1 Yr | 11.0% | 17.3% | 252.4% | 73.98% |
3 Yr | 1.5%* | -3.5% | 34.6% | 23.36% |
5 Yr | 7.6%* | 0.1% | 32.7% | 36.24% |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | SEEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 17.6% | -24.3% | 957.1% | 21.51% |
2022 | -22.1% | -38.3% | 47.1% | 8.72% |
2021 | 10.6% | -54.2% | 0.6% | 5.11% |
2020 | 24.0% | -76.0% | 54.1% | 25.04% |
2019 | 30.3% | -26.1% | 47.8% | 84.85% |
Total Return Ranking - Trailing
Period | SEEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.1% | -35.6% | 29.2% | 90.04% |
1 Yr | 11.0% | 11.4% | 252.4% | 69.77% |
3 Yr | 1.5%* | -3.5% | 34.6% | 21.78% |
5 Yr | 7.6%* | 0.1% | 32.7% | 35.03% |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SEEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.8% | -24.3% | 957.1% | 21.51% |
2022 | -21.4% | -33.1% | 47.1% | 8.72% |
2021 | 11.3% | -44.4% | 1.8% | 14.67% |
2020 | 24.4% | -6.5% | 54.1% | 46.12% |
2019 | 31.0% | -14.4% | 47.8% | 93.78% |
NAV & Total Return History
SEEFX - Holdings
Concentration Analysis
SEEFX | Category Low | Category High | SEEFX % Rank | |
---|---|---|---|---|
Net Assets | 24.6 M | 199 K | 133 B | 90.24% |
Number of Holdings | 44 | 1 | 9075 | 58.37% |
Net Assets in Top 10 | 8.99 M | -18 M | 37.6 B | 92.73% |
Weighting of Top 10 | 34.49% | 9.1% | 100.0% | 77.00% |
Top 10 Holdings
- Novo Nordisk ADS 5.45%
- NVIDIA 4.58%
- Taiwan Semiconductor ADS 3.51%
- Schneider Electric ADR 3.33%
- Eli Lilly 3.32%
- Wolters Kluwer 3.29%
- Nintendo ADR 2.95%
- Assa Abloy ADR 2.74%
- Legrand 2.67%
- Apple 2.66%
Asset Allocation
Weighting | Return Low | Return High | SEEFX % Rank | |
---|---|---|---|---|
Stocks | 87.97% | 61.84% | 125.47% | 91.41% |
Cash | 12.03% | -174.70% | 23.12% | 7.93% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 46.92% |
Other | 0.00% | -13.98% | 19.14% | 53.08% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 40.86% |
Bonds | 0.00% | -1.50% | 161.67% | 43.61% |
Stock Sector Breakdown
Weighting | Return Low | Return High | SEEFX % Rank | |
---|---|---|---|---|
Technology | 25.42% | 0.00% | 49.87% | 12.11% |
Healthcare | 16.26% | 0.00% | 35.42% | 55.18% |
Industrials | 14.17% | 0.00% | 44.06% | 19.38% |
Consumer Cyclical | 12.67% | 0.00% | 40.94% | 37.44% |
Consumer Defense | 9.86% | 0.00% | 73.28% | 21.70% |
Financial Services | 8.60% | 0.00% | 38.42% | 86.34% |
Basic Materials | 8.17% | 0.00% | 38.60% | 10.90% |
Communication Services | 4.85% | 0.00% | 57.66% | 84.25% |
Utilities | 0.00% | 0.00% | 29.12% | 45.81% |
Real Estate | 0.00% | 0.00% | 39.48% | 83.70% |
Energy | 0.00% | 0.00% | 21.15% | 79.19% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SEEFX % Rank | |
---|---|---|---|---|
US | 78.45% | 0.13% | 103.82% | 96.15% |
Non US | 9.52% | 0.58% | 99.46% | 5.84% |
SEEFX - Expenses
Operational Fees
SEEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.01% | 44.27% | 81.30% |
Management Fee | 0.65% | 0.00% | 1.82% | 39.28% |
12b-1 Fee | N/A | 0.00% | 1.00% | 31.23% |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
SEEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
SEEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SEEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.00% | 0.00% | 395.00% | 10.55% |
SEEFX - Distributions
Dividend Yield Analysis
SEEFX | Category Low | Category High | SEEFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.91% | 0.00% | 3.26% | 40.37% |
Dividend Distribution Analysis
SEEFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
SEEFX | Category Low | Category High | SEEFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.71% | -4.27% | 12.65% | 54.66% |
Capital Gain Distribution Analysis
SEEFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2024 | $0.093 | OrdinaryDividend |
Dec 21, 2023 | $0.175 | OrdinaryDividend |
Dec 15, 2022 | $0.140 | OrdinaryDividend |
Dec 16, 2021 | $0.120 | OrdinaryDividend |
Dec 17, 2020 | $0.059 | OrdinaryDividend |
Dec 19, 2019 | $0.070 | OrdinaryDividend |
Dec 27, 2018 | $0.096 | OrdinaryDividend |
Dec 29, 2017 | $0.089 | OrdinaryDividend |
Dec 30, 2016 | $0.053 | OrdinaryDividend |
SEEFX - Fund Manager Analysis
Managers
Jane Carten
Start Date
Tenure
Tenure Rank
Mar 27, 2017
5.18
5.2%
Mrs. Jane Carten MBA, is president and director of Saturna Capital Corporation. Mrs. Carten joined Saturna Capital in 1997, and previously held positions in operations, information technology, and marketing.
Scott Klimo
Start Date
Tenure
Tenure Rank
Dec 31, 2019
2.42
2.4%
Mr. Klimo is vice president and chief investment officer of Saturna Capital and a deputy portfolio manager of Amana Income and Amana Developing World Funds. He joined Saturna Capital in 2012 as director of research. He received his BA in Asian Studies from Hamilton College in Clinton, NY and also attended the Chinese University of Hong Kong and the Mandarin Training Center in Taipei, Taiwan. Scott has more than 20 years experience in the financial industry with the first several years of his career spent living and working in a variety of Asian countries and the past 10 years working as a senior analyst, research director and portfolio manager covering global equities. He is a supporter of various environmental organizations and served for several years on the Board of Directors of the Marin County Bicycle Coalition. Outside of work, Mr. Klimo is an avid cyclist, private pilot, and scuba diver.From 2001 to 2011, he served as a senior investment analyst, research director, and portfolio manager at Avera Global Partners/Security Global Investors.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |