AMAGX – Fund Analysis – Amana Growth Investor | Morningstar

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Will AMAGX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AMAGX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the AMAGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of AMAGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Amana Growth and Amana Income Shore Up Their Management Teams; Ratings Unchanged

null Tony Thomas

Tony Thomas

Analyst Note

Following the March 2026 departure of deputy portfolio manager Dan Kim, Amana Growth and Amana Income are adding some in-house resources to their management teams. The strategies needed these appointments given manager Scott Klimo's pending retirement, though established manager Monem Salam (lead manager of Amana Income and a deputy on Amana Growth) is the key to longer-term continuity on both strategies. The strategies retain their Average People and Process ratings, as well as their overall Morningstar Medalist Ratings.

by Tony Thomas

Published on May 5, 2026

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