03.04.2012

The WSF Reliance Global Shariah Growth Fund has outperformed hundreds of global equity funds in the last year, new figures have shown.

The Fund was ranked in the top 15 out of more than 350 global equity funds for its performance over the last year, the independent financial news and investment agency Citywire Money has reported.

According to figures from the Lipper global fund ranking agency, the Fund had a total return of 7.3% (GBP Class A) for the last year up to March 27th – as well as impressive Risk and Sharpe Ratio rankings.

The release of the figures comes just weeks after it emerged that the Fund was the world’s best performing Islamic global equity fund last year and also outperformed 95% of other non-Shariah global equity funds, according to figures from international fund ratings agency Morningstar.

For more details of the WSF Reliance Global Shariah Growth Fund’s performance please click here.