Five strategies excel again across multiple categories and reporting periods
Azzad Asset Management announced today that five of its investment strategies have again been awarded “Top Guns” designation by Informa Financial Intelligence’s PSN manager database, North America’s longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors.
PSN Top Guns performance rankings are tabulated for thousands of strategies across 75 peer groups subdivided by increasingly rigorous screens and reported in ascending classes from 1-6 stars, indicating time period.
The following Azzad investment portfolios were awarded Top Guns status:
Large Cap Value
- Top ten performer within the Large Cap Equity Universe based on return for the most recent quarter (1 Star)
- Top ten performer within the Large Cap Equity Universe based on return for the most recent one-year period (2 Stars)
- Top ten performer within the US Large Cap Equity Universe based on return for the most recent three-year period (3 Stars)
- Top ten performer within the US Equity Universe based on return for the most recent quarter (1 Star)
- Top ten performer within the US Equity Universe based on return for the most recent one-year period (2 Stars)
- Top ten performer within the US Value Universe based on return for the most recent quarter (1 Star)
- Top ten performer within the US Value Universe based on return for the most recent one-year period (2 Stars)
- Top ten performer within the US Value Universe based on return for the most recent three-year period (3 Stars)
Small Cap Value
Top ten performer within the Small Cap Equity Universe based on return for the most recent three-year period (3 Stars)
Top ten performer within the US Value Universe based on return for the most recent three-year period, plus superior three-year rolling returns relative to the benchmark and an r-squared of at least 0.80 for the most recent five-year period (4 Stars)
Mid Cap Value
- Top ten performer within the Mid Cap Equity Universe based on return for the most recent three-year period (3 Stars)
- Top ten performer within the US Value Universe based on return for the most recent three-year period (3 Stars)
Dividend
- Top ten performer within the US Value Universe based on return for the most recent three-year period, plus an r-squared of at least 0.80, superior returns for the three latest three-year rolling periods and a standard deviation for the five-year period equal or less than the median standard deviation for the peer group (5 Stars)
International
- Top ten performer within the International Equity Universe based on return for the most recent three-year period (3 Stars)
- Top ten performer within the International Equity Universe based on return for the most recent three-year period, plus superior three-year rolling returns relative to the benchmark and an r-squared of at least 0.80 for the most recent five-year period (4 Stars)
All potential investments are screened in accordance with the firm’s Islamic investing guidelines.
Through a combination of Informa Financial Intelligence’s proprietary performance screens, PSN Top Guns ranks products in six categories in over 50 universes. Informa Financial Intelligence is part of Informa plc, a leading provider of critical decision-making solutions and custom services to financial institutions.
Past performance does not guarantee future results. All investments carry risks, including possible loss of principal.
PSN and Informa Investment Solutions have no affiliation with Azzad Asset Management, but rather evaluate investment managers’ performance on an objective basis.
The content of the Investment Manager Top Guns is intended for use by qualified investment professionals. Please consult with an investment professional before making any investment using content or implied content from any Investment Manager Top Guns. The complete list of PSN Top Guns and an overview of the methodology can be located here.
About Azzad
Since 1997, Azzad has provided investment management and holistic financial planning services aligned with Islamic values. We are committed to giving clients more options when building their risk-adjusted portfolios. Our institutionally managed investment strategies span a variety of asset classes, from international to small cap to dividends and much more. They are available to clients through the Ethical Wrap Program.
