(Falls Church, Virginia, 6/5/13) Azzad Asset Management, advisor to the Azzad Funds and sponsor of the Ethical Wrap Program, announced that Christian Greiner has assumed day-to-day portfolio manager duties for the Azzad Ethical Fund (NASDAQ: ADJEX).
Greiner’s promotion to lead portfolio manager comes after former manager Joseph Pappo retired from the fund’s sub-advisory firm, Ziegler Lotsoff Capital Management (ZLCM), in May. Greiner, who has been with ZLCM since 2003, has a long history with the fund, providing fundamental research for the portfolio management team and participating in the stock selection decision making process. He has also worked on the quantitative side, contributing to stock scoring model research.
Previously, Greiner held positions with Checkfree Investment Services and Northern Trust. At ZLCM, he developed a proprietary system aggregating investment community sentiment for individual stocks, worked on quantitative tax-effective investment strategies, and managed long-short equity and other specialized equity products. Greiner holds a B.S. in Finance from DePaul University and an M.B.A from the University of Chicago. He has earned the Chartered Financial Analyst (CFA®) designation and is a member of the CFA® Society of Chicago.
Greiner will be assisted on the portfolio by Donald Reid, Ph.D., in addition to a new research team made up of Jeffrey Holmes, CFA®, David Drzadinski, CPA and CFA®, and Zachary Newcomer, CFA®. The latter three investment professionals are new additions to the strategy and offer a broad range of research experience and expertise.
Azzad Asset Management, advisor to the Azzad Funds and sponsor of the Ethical Wrap Program, has been committed since 1997 to providing investment services designed to help clients enjoy optimum performance without compromising their values. The firm, based outside Washington, DC, is a registered investment advisor with the SEC.
Please consider a Fund’s objectives, risks, charges and expenses carefully before you invest. The prospectus contains this and other important information. For a hard copy, please call 1-888-350-3369. Read the prospectus carefully before investing or sending money. The Azzad Funds are self-distributed. Azzad Asset Management serves as the investment advisor.
CONTACT: Investment Communications Director, Joshua Brockwell, 703-207-7005, ext. 109, joshua@azzad.net; Chief Compliance Officer, Manal Fouz, 703-207-7005, ext. 115, manal@azzad.net
