has beaten 98% of peer funds over the last 5 years, and 87% of them over the last 15 years.
For instance, they only invest in companies that have a debt-to-market cap ratio of well under 33%, because otherwise the company is financing its growth with interest income. Companies in their fund also can't get more than 5% of their revenue from any forbidden category. For instance, airlines sell alcohol, but it's considered such a small part of their business that it isn't forbidden. But when Pepsi announced an alcoholic drinks partnership with Boston Beer Company, Saturna had to sell their position in Pepsi.Saturna Capital