Falls Church, Va., 8/18/16 – Azzad Asset Management today announced that it has been recognized with Top Guns status by Informa Investment Solutions’ PSN manager database. Four of the firm’s strategies were among the top 10 performers within one or more peer groups reporting to PSN, the longest-running investment manager database in North America.
“We congratulate Azzad Asset Management on their distinction as a PSN Top Gun. This highly anticipated quarterly ranking recognizes elite performers on the leading investment manager database in North America and is widely used by institutional asset managers and investors across our platform,” said Leno Toich, Managing Director of Informa Investment Solutions.
Azzad’s PSN Top Guns products for the second quarter 2016 include:
- Large cap growth strategy, 5 stars (top 10 in the large cap growth universe for past 5 years out of 309 products)
- Small cap growth strategy, 2 stars (top 10 in the small cap growth universe for past year out of 197 products)
- Small cap value strategy, 2 stars (top 10 in the small cap value universe for past year out of 266 products)
- REIT strategy, 2 stars (top 10 in the REIT universe for past year out of 53 products)
- REIT strategy, 3 stars (top 10 in the REIT universe for past 3 years out of 53 products)
- REIT strategy, 2 stars (top 10 in the US equity universe for past year out of 3131 products)
Products in the 1-star category were top ten performers within their respective universes, based on quarterly returns; products in the 2-star category were top ten performers within their respective universes, based on returns for the one-year period; and products in the 3-star category were top ten performers within their respective universes, based on returns for the three-year period. Products in the 4- and 5-star categories must have an R-squared of 0.80 or greater relative to the style benchmark for the relevant period. PSN Top Guns investment managers must claim that they are GIPS compliant. Please consult with your financial advisor before making any investment using content or implied content from any Top Guns investment manager.
Azzad oversees seven investment portfolios and two mutual funds. All potential investments are screened in accordance with the firm’s socially responsible investing guidelines, which exclude companies whose business practices are deemed harmful to society or the environment.
PSN and Informa Investment Solutions have no affiliation with Azzad Asset Management, but rather evaluate investment managers’ performance on an objective basis. The complete list of PSN Top Guns and an overview of the methodology can be located at www.informais.com under the “Resources” tab.
Past performance does not guarantee future results. All investments carry risks, including possible loss of principal.
ABOUT AZZAD
Azzad Asset Management, investment advisor to the Azzad Funds, is committed to providing investment services designed to help people enjoy optimum performance without compromising their values. Azzad believes that companies operating in ethical lines of business offer relatively less business risk and are in a better position to thrive in the long-term. The firm’s proprietary screening process allows the manager to prudently manage client assets in a manner consistent with their values.
Azzad is a member of the Forum for Sustainable and Responsible Investment, the Interfaith Center on Corporate Responsibility, and the Accounting and Auditing Organization for Islamic Financial Institutions. Based outside Washington, D.C., the firm is a registered investment advisor with the U.S. Securities and Exchange Commission.
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Contact: Azzad Investment Communications Director Joshua Brockwell, 703-207-7005, ext. 109, joshua@azzad.net; Amina Rubin, 703-207-7005, ext. 120, amina@azzad.net
