Thursday 1 October 2009

Zawya Announces Q2 ranking results for Middle East Funds

Dubai, UAE; September 30th 2009: Zawya has announced the results of its independent Funds Ranking system for Q2 2009 [http://www.zawya.com/funds/].

The funds' criteria and their four components (Returns 30% Volatility 20% Fees 20% Compliance 30%) remain largely the same. However, given the emphasis on fund compliance & disclosure, and overall transparency in the Middle East funds industry, ZawyaZawya's methodological approach has evolved to encompass the important feedback received from fund managers and investors focusing on the region. For the Q2 results, enhancements were made to the Fees component; its structure is based on the expense ratio only. Subscriptions and redemptions fees will no longer be included when attributing a score to this section of the ranking system due to the varying nature of these fees.

Reblog this post [with Zemanta]

No comments:

Post a Comment