We are excited to announce our Crescent Wealth Australian Equity Retail Fund was named one of Australia’s top 10 equity funds for 2019 by Money Management’s Investment Centre.
Despite domestic and global issues throughout the year, the Aussie equity sector held strong to return 22.56%. And our Australian Equity Fund hugely exceeded the average by delivering 30.71% net return.
The Crescent Wealth Australian Equity Fund invests according to Islamic investment principles and as such does not allow investments in Banks, Insurance, Alcohol, Tobacco, Gambling, Pornography or Pork.
Crescent Wealth Australian Equity Retail Fund is a key component of our superannuation options that is directly accessible via our Crescent Wealth Super Fund.
Not only does the fund comply with Islamic investment principles, it also invests in a wide variety of securities and seeks out undervalued companies with a bias towards those with lower business risk. This strategy of diversified exposure means the portfolio consists of between 20 to 50 listed securities, with a maximum security position of 10% for any one security.
Overall, the approach of this fund is to deliver our members access to Islamic investment options, complimented by good, long term performance returns. So if you’re ready to take advantage of one of Australia’s top 10 equity funds for 2019 as part of our superannuation options, then you can find out more here.
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Talal currently serves as a Non-Executive Director on the Whitlam Institute and Western Sydney University Foundation Council Board. He also serves as Chairman of First Quay Capital and Chairman of the Australian Arab Dialogue. Talal has also served on the Australia Post, Board of Sydney Ports, Macquarie University and the Western Sydney Area Health Service and the Chairman of the Department of Foreign Affairs and Trade; Council of Australia Arab Relations. In an executive capacity, Talal spent 10 years at PwC as a director and strategist, and at investment firm Babcock & Brown in the Corporate Finance Group and later in the Technical Real Estate Division. Later Talal held leadership positions in Better Place Australia, Platinum Hearing and Star Transport Australia.