Takaud records outstanding performance in first 3 quarters

MANAMA: TAKAUD, the specialist provider of pensions, savings and investment solutions for the MENA region, announced yesterday that the company’s bespoke Investment Strategies have posted returns ranging from 4.65 percent to 14.42 percent year to date (YTD) in 2017. These Strategies are created and prudently managed by the TAKAUD Investment Team and are all composed of high-quality mutual funds.

Leading the pack in terms of 2017 YTD performance are the Global strategies with returns of 14.42 percent for the Growth Strategy, 8.56 percent for the Balanced and 4.79 percent for the Prudent Strategy. The Global strategies invest in mutual funds from the USA, Europe, Asia and emerging markets.

The Regional Investment Strategies also performed exceedingly well. The Regional Growth Strategy posted YTD returns of 12.08 percent, the Balanced Strategy showed 9.88 percent growth, and the Prudent Strategy 7.16 percent. The Regional strategies include global mutual funds but have a focus on the MENA region.

TAKAUD’s sharia-compliant Strategies achieved an impressive 10.03 percent YTD in the Growth Strategy, 8.05 percent in Balanced and 4.65 percent in Prudent. These strategies invest in high quality Sharia-compliant mutual funds approved by the Sharia Review Bureau.

“The results are excellent and we are very pleased for our customers,” said TAKAUD’s Chief Investment Officer Johannes van der Dong. “TAKAUD is dedicated to creating innovative and successful investment products for investors at every level. Our offerings are unique in the MENA market and offer great potential to both individual and institutional investors.”