Falls Church, Va., 11/17/16 – Azzad Asset Management today announced that one of its investment portfolios has again been recognized with one of the asset management industry’s highest honors. The firm’s small-cap growth stock strategy was awarded “Top Guns” distinction from Informa Investment Solutions’ PSN manager ranking database for the 1-year period ending September 30, 2016.
Achieving the Top Guns distinction means that the Azzad small-cap growth strategy is among the top 10 performers within one or more peer groups reporting to Informa, the longest running investment manager database in North America. In addition to top 10 performance in the small-cap growth category, the Azzad portfolio also earned accolades for its one-year performance in the broader U.S. growth universe.
The portfolio earned similar recognition in the second quarter of this year.
See: Azzad recognized again as ‘Top Guns Manager’ by Informa Investment Solutions
Kayne Anderson Rudnick Investment Management has been the portfolio manager of the Azzad small-cap growth portfolio since its inception in August 2013. The investment philosophy focuses on the “high-quality” subset of the small-company asset class.
Azzad oversees eight investment portfolios and two mutual funds. All potential investments are screened in accordance with the firm’s socially responsible investing (SRI) guidelines, which exclude companies whose business practices are deemed harmful to society or the environment.
In June, Azzad was named to the FT 300, a list of the top 300 investment advisers in the U.S., by the Financial Times.
See: Financial Times Names Azzad Asset Management a Top Registered Investment Adviser for 2016
PSN and Informa Investment Solutions have no affiliation with Azzad Asset Management, but rather evaluate investment managers’ performance on an objective basis. 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.
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.
FT 300 Disclosure
The 2016 Financial Times 300 Top Registered Investment Advisers is an independent listing produced by the Financial Times (June 2016). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. As identified by the FT, the listing reflected each practice’s performance in six primary areas, including assets under management, asset growth, compliance record, years in existence, credentials and accessibility. Neither the RIA firms nor their employees pay a fee to the Financial Times in exchange for inclusion in the FT 300.
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Contact: Azzad Investment Communications Director Joshua Brockwell, 703-207-7005, ext. 109, joshua@azzadfunds.com; Amina Rubin, 703-207-7005, ext. 120, amina@azzadfunds.com
