Sextant Mutual Funds

Portfolio Managers

Nicholas Kaiser, Portoflio Manager

Nicholas Kaiser MBA, CFA
Chairman & Director, Saturna Capital

  • Growth Fund Portfolio Manager since 1989
  • 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)
  • Member of the Investment Committee since inception

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.

 
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
  • Member of the Investment Committee since 2007
  • Joined Saturna Capital in 1993

Mr. McIlVaine serves Saturna as a research analyst and Portfolio Manager. 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.

 
Peter Nielsen, Senior Investment Analyst

Paul Meeks MBA, CFA
Institutional Investing Director & Senior Analyst, Saturna Capital

  • Growth Fund Portfolio Manager since 2013
  • Member of the Investment Committee since 2012
  • Joined Saturna Capital in 2012

Mr. Meeks graduated from Williams College in 1985 and earned an MBA from Kellogg School of Management in 1992. He has held various positions in institutional marketing, investment research, and equity portfolio management, including leadership roles as portfolio manager and managing director at Merrill Lynch Investment Managers, where he started and managed six portfolios with a total $7 billion in assets. Mr. Meeks has been a regular contributor to the financial media (print, television, and radio).

 
Peter Nielsen, Senior Investment Analyst

Peter Nielsen MBA, CFA, CIMP
Senior Investment Analyst & Portfolio Manager, Saturna Capital

  • Core Fund Portfolio Manager since 2008
  • Member of the Investment Committee since 2007
  • Joined Saturna Capital in 2007

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.

 
Bryce Fegley, Investment Analyst

Bryce Fegley CFA, CIPM
Investment Analyst & Portfolio Manager, Saturna Capital

  • Global High Income Fund Portfolio Manager since 2012 (the Fund's inception)
  • Member of the Investment Committee since 2006
  • Joined Saturna Capital in 2001

Mr. Fegley spent two years as President of our Malaysian subsidiary, Saturna Sdn Bhd, directing its research and fund management operations. He worked in brokerage operations in Seattle prior to joining Saturna Capital. Mr. Fegley studied at the University of Colorado at Boulder, and is a Chartered Financial Analyst® charterholder.

 
John Scott, Investment Analyst

John Scott CFA
Investment Analyst & Portfolio Manager, Saturna Capital

  • Global High Income Fund Portfolio Manager since 2012 (the Fund's inception)
  • Member of the Investment Committee since 2009
  • Joined Saturna Capital in 2009

Mr. Scott has worked at Morgan Stanley Smith Barney in Orange County, California and Hyundai Securities in Seoul, S. Korea. He earned a BA in Business with emphasis in Finance from University of Washington and is a Chartered Financial Analyst® charterholder.