MEDIA ADVISORY - National Press Club event 6/17
6/5/2014 11:05:15 AM
Azzad to announce Federated Investment Management as sub-advisor of 1st Shariah-compliant, US fixed-income mutual fund
On Tuesday, June 17th, representatives from Azzad Asset Management will hold a news conference and reception from 2PM to 5PM Eastern at the National Press Club in Washington, DC to celebrate the selection of Federated Investment Management as portfolio manager for the Azzad Wise Capital Fund (NASDAQ: WISEX), the first Halal, socially responsible fixed-income mutual fund in the United States.
WHAT: Azzad and Federated Investment Management – A Strategic Partnership
WHEN: Tuesday, June 17th, 2PM – 5PM EDT
WHERE: National Press Club, 529 14th Street, NW, Washington, DC 20045, 13th Floor, Bloomberg Room
Among those scheduled to speak:
Bashar Qasem, President and CEO, Azzad Asset Management
Fatima Iqbal, Sr. Investment Strategist, Azzad Asset Management
Ihab Salib: Sr. Vice President, Head of International Fixed Income, Federated Investment Management
Earlier this month, the Azzad Wise Capital Fund won a Lipper Fund Award for Best Global Bond (Sukuk) Fund for the one-year period ending 12/31/13. The Fund celebrated its four-year anniversary in April.
About Azzad: Since 1997, Azzad Asset Management, investment advisor to the Azzad Funds and sponsor of the Ethical Wrap Program, has provided 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, firstname.lastname@example.org; Chief Compliance Officer, Manal Fouz, 703-207-7005, ext. 115, email@example.com.
Opinions expressed are those of the author or fund manager, are subject to change, are not guaranteed and should not be considered recommendations to buy or sell any security and should not be considered investment advice.
Fund holdings and sector allocations are subject to change and are not a recommendation to buy or sell any security. Click here for Azzad Ethical Fund current top 10 holdings. Click here for the Azzad Wise Capital Fund current top 10 holdings.
Past performance does not guarantee future results.
The Azzad Ethical Fund is non-diversified and may invest a larger percentage of its assets in fewer companies exposing it to more volatility and/or market risk than diversified funds. The Fund may not achieve its objective and/or could lose money on your investment in the Fund. Stock markets and investments in individual stocks can decline significantly in response to issuer, market, economic, political, regulatory, geographical, and other conditions. Investments in mid-cap companies can be more volatile than investments in larger companies. Investments in growth companies can be more sensitive to the company’s earnings and more volatile than the stock market in general. Because the portfolio may invest substantial amount of its asset in issuers located in a single country or in a limited number of countries, it may be more volatile that a portfolio that is more geographically diversified. See the prospectus for more details about risks.
Investments in smaller and medium sized companies involve additional risks such as limited liquidity and greater volatility. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities.
The Azzad Wise Capital Fund is non-diversified with a high concentration of securities in the financial sector which can expose the Fund to more volatility and/or market risk than diversified funds. The Fund may not achieve its objective and/or could lose money on your investment in the Fund. The Fund mainly invests in securities issues by foreign entities which expose the Fund to country specific risks such as market, economic, political, regulatory, geographical, and other risks. The Fund intends to invest in certain instruments that may be illiquid. As a result, if the Fund receives large amount of redemptions, the Fund may be forced to sell such illiquid investments at a significant loss to be able to meet such redemption requests. See the prospectus for more details about risks.