Saturna Offers Boomers New Strategy Launching Sextant Global High Income Fund

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Saturna Offers Boomers New Strategy Launching Sextant Global High Income Fund -- BELLINGHAM, Wash., April 10, 2012 /PRNewswire/ --

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The fund's flexible mandate responds to and capitalizes on demographic trends

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BELLINGHAM, Wash., April 10, 2012 /PRNewswire/ -- [ Saturna Capital Corporation ], investment adviser to the [ Amana ], [ Sextant ], and [ Idaho Tax-Exempt ] Mutual Funds, announces the launch of the [ Sextant Global High Income Fund ] (Nasdaq: [ SGHIX ]), which seeks high income from a globally diversified portfolio of debt and equity securities. The fund's flexible mandate is uncommon among its high income/high yield fund peer group in that it permits investments in U.S. and foreign bonds as well as common and preferred stocks. Also distinctive is the fund's secondary objective of capital preservation, which integrates risk exposure constraints into its fundamental strategy.

(Logo: [ http://photos.prnewswire.com/prnh/20110907/PH63383LOGO ] )

The fund is co-managed by [ Bryce Fegley, CFA, and John Scott, CFA ], who have been members of the Saturna investment team since 2001 and 2009, respectively, working closely with Saturna's chief investment officer and highly-regarded portfolio manager [ Nicholas Kaiser ].

Sextant Global High Income Fund is expected to appeal to risk-averse, income-seeking investors who appreciate Saturna's trademark conservative, value-oriented style.

The fund's focus on global asset diversification allows it to serve as a core holding in a balanced, income-oriented portfolio. Also, having capital preservation as its secondary objective, the fund is sensitive to the post-financial crisis mindset.

"The baby boomer generation is expected to face challenges in generating income for retirement, due to lower economic growth, lower yields on U.S. government bonds, and potential inflation," said Bryce Fegley.  "On top of that, the ratio of retirees to workers in the U.S. will increase by 75% over the next 15 years, potentially triggering a generational wave of market sell-offs as retirees draw on their 401(k)s.  Our new fund is a solution to the downward pressure we expect to negatively impact U.S. security values," he added.

John Scott pointed out, "Investors need to look beyond the U.S. for inflation protected investments. The flexible mandate of the fund permits the team to hunt for high income-producing assets globally, wherever the long-term growth outlook and demographics are more attractive."

The fund's global investment universe includes the 1200 largest dividend-paying common stocks, targeting yields above 4%; global high yield bonds, including sovereigns and U.S. high-yield corporates; and, to a lesser extent, preferred stocks. Constraints embedded in the fund's design promote diversification and reduced exposure to potential risk. The fund may hold no more than 50% of its assets in common stocks, no more than 50% in securities of U.S. issuers, no more than 50% in bonds rated A- or higher, and no more than 33% in securities of emerging market issuers. In addition, the fund is not permitted to engage in hedges, credit default swaps, or other transactions that involve leverage or borrowing.

The Sextant Funds are series of the Saturna Investment Trust, consisting of [ Sextant International ], [ Sextant Growth ], [ Sextant Core ], [ Sextant Bond Income ], [ Sextant Short-Term Bond ], and [ Sextant Global High Income ]. The [ Idaho Tax-Exempt Fund ] is a separate series of Saturna Investment Trust offered by different prospectus.

For more information about the Sextant Global High Income Fund, visit [ www.sextantfunds.com/SGHIX ].  

For more information about Saturna Capital Corporation and the mutual funds it advises, visit [ www.saturna.com ], [ www.amanafunds.com ], [ www.sextantfunds.com ], or [ www.idahotaxexemptfund.com ]. 

About Saturna

"Values-Based Global Equity Managers"

[ Saturna Capital Corporation ], established in 1989 in Bellingham, Washington, USA, is an investment adviser with over US$4 billion in assets under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments.

Saturna Capital is adviser to the Amana Mutual Funds ([ Amana Growth Fund ], [ Amana Income Fund ], and [ Amana Developing World Fund ]) that follow principles of Islamic finance.

Saturna Capital is also adviser to the Saturna Investment Trust, consisting of [ Sextant International ], [ Sextant Growth ], [ Sextant Core ], [ Sextant Bond Income ], [ Sextant Short-Term Bond ], Sextant Global High Income, and the [ Idaho Tax-Exempt Fund ].

[ Saturna Sdn. Bhd. ], located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital, specializing in Islamic-compliant investment advisory services for individuals and institutions.

Saturna Capital also has two other wholly-owned subsidiaries: [ Saturna Brokerage Services ], located in Bellingham, Washington, USA, provides general discount brokerage services and distributes Saturna's affiliated mutual funds; and [ Saturna Trust Company ], headquartered in Reno, Nevada, USA, provides trust services to families, charities, trusts, estates, and retirement plans.

Please consider an investment's objectives, risks, charges, and expenses carefully before investing. To obtain a free prospectus or summary prospectus that contains this and other important information about Saturna-advised funds, call toll free 800/SATURNA or visit [ www.saturna.com ]. Please read the prospectus or summary prospectus carefully before investing.

SOURCE Saturna Capital Corporation

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