Fund Evaluator:
Iman K (IMANX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
Iman K Overview
Iman K (IMANX) is an actively managed U.S. Equity Large Growth fund. Allied Asset launched the fund in 2000.
The investment seeks growth of capital while adhering to Islamic principles. The fund invests in common stocks and equity-related securities of domestic and foreign issuers that meet Islamic principles and whose prices the fund's investment advisor anticipates will increase over the long term. Islamic principles generally preclude investments in certain businesses (e.g., alcohol, pornography and gambling) and investments in interest bearing debt obligations or businesses that derive interest income as their primary source of income.
About Iman K (IMANX)
There are 1 members of the management team with an average tenure of 26.10 years: Bassam Osman (2000). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: DJ Islamic World TR USD index with a weighting of 100%. Iman K has 118 securities in its portfolio. The top 10 holdings constitute 47.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Iman K is part of the Equity global asset class and is within the U.S. Equity fund group. Iman K has 16.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 83.4%. There is 16.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Iman K has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $261 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
IMANX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Iman K expense ratio is high compared to funds in the Large Growth category. Iman K has an expense ratio of 1.00%, which is 4% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Iman K has a portfolio turnover rate of 26%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of July 2026, Iman K returned -4.3%, which earned it a grade of D, as the Large Growth category had an average return of -3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Iman K has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Iman K Grades
Year to date, the fund has returned 16.1%, 12.4 percentage points better than the category, which translates into a grade of A. The fund has returned 29.9% over the past year (grade of A), 19.1% over the past three years (grade of B) and 9.8% per year over the past five years (grade of B) and 13.3% per year over the past 10 years (grade of F).
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IMANX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| IMANX Return (NAV) | -4.3% | 3.3% | 29.9% | 19.1% | 9.8% | 13.3% |
| IMANX Grade | D | B | A | B | B | F |
| +/- Category | -1.2% | 1.6% | 20.9% | 1.0% | 1.1% | -2.1% |
| Large Growth Avg | -3.1% | 1.7% | 9.1% | 18.1% | 8.7% | 15.4% |
| IMANX Tax Cost Ratio | na | na | 0.0% | 0.0% | 1.1% | 1.7% |
IMANX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| IMANX Return (NAV) | 16.1% | 17.9% | 20.6% | 29.4% | -29.8% | 16.9% | 19.9% | 34.7% | -6.2% | 28.5% | 10.1% |
| IMANX Grade | A | B | F | F | B | D | F | B | F | D | A |
| +/- Category | 12.4% | 2.2% | -9.1% | -9.5% | 2.3% | -3.5% | -22.4% | 1.5% | -5.5% | -1.3% | 7.4% |
| Large Growth Avg | 3.7% | 15.7% | 29.7% | 38.9% | -32.1% | 20.4% | 42.3% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 14.9% |
| Total Risk Index: | 1.22 - Above Average |
| Category Risk Index: | 0.85 - Low |
| Category Risk Grade: | A (15% Rank) |
| Beta: | 1.09 |
| R-Squared: | 91% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $261 Mil |
| Fund Total Assets: | $ 261 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 27% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 26.1 years | |||
| Average Tenure: 26.1 years | |||
| Managers (Year): Osman Bassam (2000) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 118 |
| % in Top 10 Holdings: | 47.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 16.1% |
Portfolio Allocation |
|
| Domestic Stock: | 83.4% |
| Foreign Stock: | 16.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.5% |
Purchase Information
| Fund Family: | Allied Asset |
| Phone Number: | 877-417-6161 |
| Website: | www.investaaa.com |
| Status: | Open |
| Inception Date: | June 30, 2000 |
| Min. Initial Purchase: | $ 250 |
| Min. Initial IRA Purchase: | $ 100 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.00% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Iman K |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 50 |
