Falls Church, Virginia, June 01, 2021 (GLOBE NEWSWIRE) -- Azzad Asset Management announced today that five of its investment strategies have been awarded "Top Guns" designation by Informa Financial Intelligence's PSN manager database, North America's longest running database of investment managers. This quarterly ranking is used widely by asset managers and investors. This means that the Azzad portfolios were among the top performers within one or more peer groups reporting to PSN. PSN Top Guns performance rankings are tabulated for thousands of strategies across 75 peer groups subdivided by increasingly rigorous screens and reported in ascending classes from 1-6 stars, indicating time period.
“Congratulations to Azzad Asset Management for being recognized as a PSN Top Gun,” said Ryan Nauman, Market Strategist at Informa Financial Intelligence’s Zephyr. “This highly esteemed designation allows us to recognize success, excellence and performance of leading investment managers each quarter.”
The following Azzad investment portfolios were awarded Top Guns status:
Large Cap Growth Portfolio
3 Stars MA Large Cap Equity Universe
4 Stars MA Large Cap Equity Universe
Small Cap Growth Portfolio
3 Stars MA Small Cap Equity Universe
3 Stars MA US Equity Universe
3 Stars MA US Growth Universe
4 Stars MA US Growth Universe
Dividend Portfolio
4 Stars MA US Value Universe
5 Stars MA US Value Universe
Mid Cap Growth Portfolio
3 Stars MA Mid Cap Equity Universe
International Portfolio
1 Star MA International Equity Universe
3 Stars MA International Equity Universe
Azzad oversees more than a dozen model portfolios and pooled 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.
Through a combination of Informa Financial Intelligence's proprietary performance screens, PSN Top Guns ranks products in six categories in over 50 universes. Informa Financial Intelligence is part of Informa PLC, a leading provider of critical decision-making solutions and custom services to financial institutions.
Past performance does not guarantee future results. All investments carry risks, including possible loss of principal. PSN and Informa Investment Solutions have no affiliation with Azzad Asset Management, but rather evaluate investment managers’ performance on an objective basis. The content of the Investment Manager Top Guns is intended for use by qualified investment professionals. Please consult with an investment professional before making any investment using content or implied content from any Investment Manager Top Guns.
The complete list of PSN Top Guns and an overview of the methodology can be located here.
About Azzad
Azzad is committed to providing investment services designed to help people enjoy optimum performance without compromising their values. Azzad is a member of the Interfaith Center on Corporate Responsibility and the Accounting and Auditing Organization for Islamic Financial Institutions.