Jadwa Investment launches three Funds of Funds with dynamic asset allocation strategies

Asset allocation is the prime component for any investment especially for investors who do not want to be exposed to a concentrated risk.

The Fund of Funds ('FOF') investment approach provides superior diversification of asset classes, markets, risks and managers. The assets of FOF can be spread into a diverse range of funds investing in equities, real estate, private equity, Sukuk and Murabaha.

Jadwa Funds of Funds includes three risk-adjusted funds: Jadwa Aggressive Allocation Fund, Jadwa Balanced Allocation Fund and Jadwa Conservative Allocation Fund. They are aimed at making the investor's task easier by delegating to Jadwa's professional fund managers the important task of dynamic asset allocation and effective diversification likely to produce superior risk-adjusted returns.

Mr. Ahmed Al Khateeb, Managing Director & CEO of Jadwa Investment said, 'The Jadwa Funds of Funds provide investors an exciting opportunity enabling them to have access to variety of assets and markets. Each and every investor will find one of the three Funds suited to his risk profile, be it conservative, moderate or adventurous'. He added, 'Jadwa aims to enhance the quality standards of the investment management industry in the Kingdom and it is committed to providing innovative and quality Shariah compliant investment solutions to its clients.'

Mr. Fadi Tabbara, Head of Asset Management and CIO of Jadwa Investment, added 'Fund of Funds proposition is a powerful wealth management tool that provides investors with superior diversification, economies of scale, reduced volatility and optimum risk-adjusted returns. It is a smart and intelligent approach for investors to manage their investments. We aim to make your money work for you by investing in a broadly diversified portfolio of funds with the objective of delivering consistent returns with low volatility'. He also mentioned that at Jadwa, 'we believe that investing in FOFs should be viewed as medium to long term. As the saying goes that 'there is no short cut to success', so do we say 'there is no short term to capital gains. It is all in the long term.'

The Funds of Funds are approved by Capital Markets Authority and Jadwa's Shariah Committee.