2008
The Rasmala MENA Equity Opportunity Fund, has been granted a "AA"
rating by the world’s leading provider of independent credit
ratings Standard and Poor’s. The opinion from Standard and Poor’s
May 2008 report on the fund was as follows:
"The team has produced a strong track record in comparison to both peers and the MSCI Arabian benchmark. In volatile markets it has been able to add value from asset allocation, while fund selection has been positive. Risk-adjusted returns have also been strong. Eric Swats and Khaled Masri have developed a sensibly constructed approach to investing in the region, backed by a suitably experienced team, allowing the fund to attain an S&P AA (New) rating."
