AMIDX Amana Developing World Institutional Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM).

The investment seeks long-term capital growth, consistent with Islamic principles. The fund invests at least 80% of total net assets in common stocks of companies with significant exposure (50% or more of production assets, or revenues) to countries with developing economies and/or markets. Investment decisions are made in accordance with Islamic principles. It diversifies its investments across the industries, companies, and countries of the developing world, and principally follows a large-cap value investment style.

The average market capitalization across the Amana Developing World Institutional MF is 922.91B. The market cap for tickers in the group ranges from 944.67M to 1.96T. TSM holds the highest valuation in this group at 1.96T. The lowest valued company is ABX at 944.67M.

The average weekly volume growth across all stocks in the Amana Developing World Institutional MF was 30%. For the same stocks of the MF, the average monthly volume growth was -19% and the average quarterly volume growth was -63%