Investors bet on these equity funds

The 27Four Shari’ah Active Equity Prescient Fund is an interesting case, as it was only launched in June last year. Investors have therefore been entering the fund without the comfort of a track record. However, their faith has certainly been rewarded as the fund has outpaced its benchmark and is the best-performing Islamic Equity Fund since its inception. It is also worth noting how young most of these funds are. The Prescient Equity Active Quant Fund and the Momentum Best Blend Specialist Equity Fund are the only ones that have been around for more than five years. The Imara Equity Fund and the BettaBeta Equally Weighted Top40 ETF are the only others that have been available for longer than three years.

Click HERE to visit the Money Web Website.