Sextant Mutual Funds

Portfolio Managers

Nicholas Kaiser, Portoflio Manager

Nicholas Kaiser
Chairman & Director, Saturna Capital

  • Growth Fund Portfolio Manager since 1994
  • International Fund Portfolio Manager since 1995 (the Fund's inception)
  • Twice nominated Morningstar's Domestic-Stock Manager of The Year (2006 & 2008)
  • Twice named to Barron's Top 100 Portfolio Managers (2001 & 2002)
  • Northwest Business Monthly's Business Person of The Year (2006)

Born in Bellingham, WA in 1946, Mr. Kaiser graduated from Yale College, with a degree in economics and obtained his MBA from the University of Chicago in 1968, with dual majors in International Economics and Finance. Mr. Kaiser purchased control of Unified Management Corporation (Indianapolis) in 1976, and built it into a mid-sized investment management and brokerage firm. After selling Unified to a major insurance company, he returned to Bellingham and founded Saturna Capital in 1989.

Mr. Kaiser and his children control Saturna Capital through its voting stock. A Chartered Financial Analyst® charterholder, he is Saturna's chief investment officer. He serves Saturna's mutual funds as trustee, president and equity portfolio manager.

Mr. Kaiser's industry activities include service with the Investment Company Institute (past Governor), CFA Institute (past chapter president), Financial Planning Association (past chapter president), and No-Load Mutual Fund Association (past national president). He currently serves on the volunteer boards of St. Paul’s Academy, Mt. Baker Council of the Boy Scouts of America, the Mt. Baker Foundation, and Shawnigan Lake School. He supports a range of non-profit activities, such as the Kaiser Professorship in International Business at Western Washington University. He enjoys sailing, skiing, architecture, programming, politics and history.

 
Peter Nielsen, Senior Investment Analyst

Peter Nielsen
Senior Investment Analyst & Portfolio Manager, Saturna Capital

  • Core Fund Portfolio Manager since 2008

Originally from British Columbia, Mr. Nielsen graduated from Trinity Western University with a degree in Business Administration and earned an MBA from Simon Fraser University. A Chartered Financial Analyst® charterholder, Mr. Nielsen worked for BC Investment Management Corporation and Aquilini Investments before coming to Bellingham.

 
Phelps McIlVaine, Vice President & Director

Phelps McIlVaine
Vice President & Director, Saturna Capital

  • Short-Term Bond Fund Portfolio Manager since 1995 (the Fund's inception)
  • Bond Income Portfolio Manager since 1994

Mr. McIlVaine serves Saturna as a research analyst and Portfolio Manager. He also acts as Chief Financial Officer for Saturna’s wholly-owned brokerage subsidiary. Mr. McIlVaine has a BA in Economics (University of Denver, 1975 Phi Beta Kappa) and entered the investment business as a bond and derivative markets trader for commercial banks in Boston and Chicago. He also managed fixed income derivative hedge funds in Chicago and London.