Jul 06 2010 |
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Jadwa Investment's flagship funds complete three years of superior performance
Jadwa Investment , a rapidly growing Shariah-compliant investment bank in the Kingdom of Saudi Arabia, announced today that its three flagship funds, Jadwa Saudi Equity Fund, Jadwa GCC Equity Fund and Jadwa Arab Markets Equity Fund, have completed three years of highly successful performance.
From their inception on 30 June 2007, the three funds have consistently outperformed their respective benchmarks. The Jadwa GCC Equity Fund and Jadwa Arab Markets Equity Fund are ranked number one among similar Shariah-compliant funds in Saudi Arabia and the MENA region for their three-year performance. The Jadwa Saudi Equity Fund is the second best performing fund amongst its peers over the same period.
Jadwa was recently rated the best asset manager at the MENA Fund Manager Awards for the performance of the Jadwa Saudi Equity Fund in 2009. In addition, Failaka and World Finance International presented awards to Jadwa , for the Best GCC Equity Fund and the Best Fund Manager in Saudi Arabia, respectively.
Ahmed Al-Khateeb, Managing Director & CEO of Jadwa said, "We have hired a world-class asset management team that has devised and implemented a robust investment process with an objective of achieving consistent outstanding performance. Our excellent connections and strong relationships within the industry globally give us an access to latest thinking which assists us in determining optimum techniques and products for our investors. Jadwa aim to continue producing superior products and performance."
The performance of
Jadwa
's Funds is available on the
Jadwa
website and the Tadawul website.
-End-
© Press Release 2010
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