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IFU’s Sharia compliant equity fund ‘Helal’ managed by CI Capital awarded ‘Best Equity Fund in 2019’ from Lipper Fund Awards - Daily News Egypt

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IFU’s Sharia compliant equity fund ‘Helal’ managed by CI Capital awarded ‘Best Equity Fund in 2019’ from Lipper Fund Awards

The Best Equity Fund for its 3 Years Cumulative Performance in 2019


Arab Investment Fund Sharia Compliant Equity Fund “Helal – Egypt” under the management of CI Capital Asset Management won two prestigious Lipper Fund awards by Refinitiv – formerly the Financial and Risk business of Thomson Reuters. In the Global Islamic Funds’ Category, Lipper Fund awards, which have recognised funds and fund management, firms for their consistently strong risk-adjusted three-, five-, and 10-year performance relative to their peers, recognised Arab Investment Bank Sharia Compliant Equity Fund “Helal” under CI Capital Asset Management as

“The Best Equity Fund for its 3 Years Cumulative Performance in 2019”

“The Best Equity Fund for its 5 Years Cumulative Performance in 2019”

Amr Abol Enein, managing director and head of CI Capital Asset Management, commented: “This highly regarded award and international recognition of the Egypt-based “Helal Fund” reflects the fund’s success and strong outperformance relative to its peers under the Global Islamic Universe Category, posting the highest cumulative returns in both absolute and risk-adjusted bases over the past 3 and 5 years’ horizons.”

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