Azzad Asset Management is pleased to announce that each of its 10 separately managed account strategies has been awarded the “Top Guns” designation by Informa Financial Intelligence’s Zephyr PSN manager database, a first for the company. The “Top Guns” List is a quarterly ranking of best performing strategies widely used by asset managers and investors alike.
All the strategies listed below are screened according to the firm’s Islamic investing guidelines and are available through the firm’s wealth management solution, the Azzad Ethical Wrap Program. This wrap free program combines holistic financial planning with Islamic investment management using a diverse mix of separately managed accounts as well as the firm’s proprietary mutual funds.
The following Azzad investment portfolios were awarded Top Guns status:
Large Cap Value
- 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)
Large Cap Growth
- Top ten performer within the Large Cap Equity, US Equity, and US Growth universes based on return for the most recent three-year period (3 Stars)
- Top ten performer within the Large Cap Equity and US Equity universes 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 and US Value universes based on return for the most recent quarter (1 Star)
- Top ten performer within the Mid Cap Equity Universe based on return for the most recent one-year period (2 Stars)
Mid Cap Growth
- Top ten performer within the US Growth Universe based on return for the most recent quarter (1 Star)
Small Cap Value
- Top ten performer within the Small Cap Equity Universe based on return for the most recent three-year period (3 Stars)
Small Cap Growth
- Top ten performer within the Small Cap Equity and US Growth universes based on return for the most recent quarter (1 Star)
International
- Top ten performer within the International Equity Universe based on return for the most recent three-year period (3 Stars)
Dividend
- Top ten performer within the Large Cap Equity Universe based on return for the most recent quarter (1 Star)
REIT
- Top ten performer within the US Equity Universe based on return for the most recent quarter (1 Star)
Innovation
- Top ten performer within the US Growth Universe based on return for the most recent quarter (1 Star)
Past performance cannot guarantee future results. Investing involves risk and you may lose money. Like all investment strategies, dollar cost averaging, asset allocation, and rebalancing cannot guarantee that you will not lose money investing.
On September 30, 2024, Azzad Asset Management’s separate account strategies were named by Zephyr as PSN Top Guns over several periods for the quarter ending September 30, 2024, No compensation was provided to Zephyr to obtain inclusion on the list, but there is a licensing fee to utilize the PSN Top Guns logo in marketing materials. Third-party awards, rankings, and recognition should not be construed as a client endorsement or an indication of future performance. The complete list of PSN Top Guns and an overview of the methodology can be located at https://informaconnect.com/zephyr/psn-top-guns/.
Advisory services are offered through Azzad Asset Management, an investment adviser registered with the U.S. Securities and Exchange Commission. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Form ADV Part 2A can be obtained by visiting https://adviserinfo.sec.gov and searching for our firm name. ADV Form 2B is available upon request. Azzad Asset Management does not provide tax or legal advice, and we encourage you to consult with tax or legal professional advisors before implementing any legal or financial planning strategies.
Please see important information and disclosures on each portfolio page, which can be found here.
About Azzad Asset Management
Since 1997, Azzad has been committed to providing investment services designed to help people enjoy optimum performance without compromising their Islamic values. In addition to investment management, the firm offers holistic financial planning services to American Muslim families across the United States.
