International Portfolio
Part of the Azzad Ethical Wrap Program
A comprehensive halal wealth management solution for high net worth clients, organizations, and business owners.
PERFORMANCE
*Quarter and year-to-date returns are not annualized.
**GIPS performance inception date is 12/03/2012.
Performance inception date is 12/3/2012. The performance is reported in U.S. dollars. The performance quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the performance data quoted. Net returns are reduced by all fees, transaction costs and are gross of foreign withholding taxes. For more recent quarter-end performance information, call 888.862.9923. The MSCI All Country World Ex-US Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global developed and emerging markets excluding the U.S. The index is unmanaged, and does not reflect the deduction of expenses, which have been deducted from the model’s returns. The index’s return assumes reinvestment of all distributions and dividends; you cannot invest directly in an index.
TOP 5 INTERNATIONAL HOLDINGS
as a percentage of the total portfolio
| Imperial Oil Ltd | 4.56 |
| Canadian Natural Resources Ltd | 3.33 |
| Halliburton Co | 2.78 |
| Novo Nordisk A/S ADR | 2.71 |
| Gildan Activewear Inc | 2.68 |
SECTOR WEIGHTS
as a percentage of the total portfolio
As of 9/30/2023. For illustrative purposes only; subject to change. Figures may not equal 100% due to rounding.
WHAT IS INTERNATIONAL INVESTING?
For U.S. investors, international investing just means investing in companies based outside of the U.S.
Including international holdings can be a good way to diversify your portfolio.
Just as different sectors and asset classes within the U.S. will perform differently at different times, international stocks may perform differently than U.S. stocks.
Diversifying with international stocks can help you spread your investment risk and take advantage of global growth.
INVESTMENT PROCESS
A top-down global analysis combines with a bottom up security selection approach to construct a diversified portfolio.
A global analysis of prevailing economic market and political conditions drives investment themes as well as country and sector allocations. Fundamental analysis identifies quality companies with durable business models and sustainable competitive advantages.
Of course, stocks must also pass Azzad’s socially responsible investment criteria.
ACCESS THIS STRATEGY
Our international portfolio is offered through the Azzad Ethical Wrap Program.
The minimum initial investment for the program is $500,000.
If you’d like to learn more, please contact us and one of our financial advisors can help you decide if the wrap program is a good fit for your needs.
IMPORTANT INFORMATION
Investing involves risk, including the possible loss of principal. Please read the following important disclosures.
Investing in foreign securities, even if traded as ADRs, involves risks not typically associated with U.S. investments, including, among others, adverse fluctuations in foreign currency values as well as adverse political, social and economic developments affecting a foreign country, inflation risk and more volatile performance. Investing in emerging market securities imposes risks greater than investing in foreign developed countries.
Moreover, to the extent that a portfolio favors a growth style, the risk is that the values of growth securities may be more sensitive to changes in current or expected earnings than the values of other securities. To the extent a portfolio uses a value style, the risk is that the market will not recognize a security’s intrinsic value for a long time, or that a stock judged to be undervalued may actually be appropriately priced.
Investments in securities involve risks and there is no guarantee that a strategy will achieve its objectives. As with all stock investments, you may lose money investing in a portfolio. Azzad’s portfolios generally avoid companies in certain economic sectors and businesses due to Azzad’s socially responsible investment restrictions. Therefore, their performance may suffer if these sectors and/or businesses outperform the overall stock market.
Each portfolio is nondiversified and may invest a larger percentage of its assets in fewer companies exposing it to more volatility and/or market risk than a diversified portfolio. Each portfolio is generally available only through one of Azzad’s asset allocation strategies and is not designed by itself to be a comprehensive, diversified investment plan.
All of Azzad’s models are actively managed. Active trading of securities may increase your account’s short-term capital gains or losses, which may affect the taxes you pay. Short-term capital gains are taxed as ordinary income under federal income tax laws. When reviewing your actual performance, holdings and asset allocation, note that different accounts, even though they are traded pursuant to the same strategy, can have varying results. The reasons for this include: i) the period of time in which the accounts are active; ii) the timing of contributions and withdrawals; iii) the account size; iv) the minimum investment requirements and/or withdrawal restrictions; and v) the actual fees charged to an account. There can be no assurance that an account opened by any person will achieve performance returns similar to those provided on this page.
You should consider investing in the Ethical Wrap Program if you are looking for long-term returns and are willing to accept the associated risks. The Ethical Wrap Program is made available through a Wrap Brochure which contains important information about our firm, strategies, risks and conflicts of interest. Please request a copy of our Wrap Brochure, Part 2A of the firm’s Form ADV and your representative’s Part 2B by calling 888.862.9923 before investing in the Wrap Program or opening an account with us.