Wahed Invest LLC. (“Wahed”) operates a website at
www.wahedinvest.com. Wahed is a registered investment advisor with the
Securities and Exchange Commission under the investment advisors Act of
1940, as amended. Wahed does not provide financial planning to
investors, such as estate, or retirement planning. Nothing on the Wahed
website should be construed as any kind of solicitation or offer, or
recommendation, to buy or sell any security.
Financial advisory services are only provided to investors who become
Wahed Clients ("Clients") pursuant to a written Client Agreement, which
investors are encouraged to read carefully and thoroughly.
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS, AND ANY
EXPECTED RETURNS OR HYPOTHETICAL PROJECTIONS MAY NOT REFLECT
ACTUAL FUTURE PERFORMANCE. FURTHERMORE, PAST RETURNS MAY
REFLECT THE PERFORMANCE OF ASSETS FOR A FINITE TIME, OR DURING A
PERIOD OF EXTREME MARKET ACTIVITY. ALL INVESTMENTS INVOLVE RISK
AND MAY LOSE MONEY. There can be no assurance that an investment
mix or any projected or actual performance shown on the Site will lead to
the expected results shown or perform in any predictable manner. It
should not be assumed that investors will experience returns in the future, if
any, comparable to those shown or that any or all of Wahed’s Clients
experienced such returns.
Wahed provides Clients with financial advice that is based on the Nobel
Prize winning Modern Portfolio Theory (MPT). We select proportions of
various asset classes rather than individual securities to attempt to
maximize a portfolio’s expected return for a given amount of portfolio risk,
or equivalently minimize risk for a given level of expected return. We use
Mean Variance Optimization to evaluate every possible combination of
the following asset classes: US equities, foreign developed markets
equities, emerging markets equities, real estate, commodities and fixed
income funds. In addition, we continually review the population of all
Ethically compliant securities, giving preference to ETFs, in order to identify
the most appropriate securities to represent each asset class.
ETF Selection Disclosure
We invest our client’s money in ETFs as they help us reduce the
unnecessary overheads. Our ETFs selection process is aimed primarily to
select those ETFs which can provide the desired asset class exposure with
the lease tracking error. Although our selection process identifies the most
liquid ETFs with low expenses, there is no guarantee that these ETFs will
perform well in the future.
All the securities included in our portfolio are 100% Ethically complaint.
Wahed never invests in companies that derive more than 5% of their
revenue from business activities like:
Providing non-Islamic financial services and any other related
Manufacturers/sellers of products or services not approved by the
Islamic principles (i.e. liquor, tobacco, gambling, pork, etc.)
Producers and distributors of music, radio, films and television shows
Clients should be aware that in some limited instances, the ethically
Complaint ETFs may have hidden expenses which may reduce its value
and affect the portfolio's performance.
Performance information is presented without of all management fees,
commissions and expenses unless indicated otherwise. For all periods, the
performance information includes the reinvestment of dividends and
interest unless otherwise noted.
Any comparison to traditional investment advisors is based on an
evaluation of average fees and returns. Actual results may be different for
each investor and there can be no guarantee of enhanced earnings due
to additional diversification, managed account selection or the use of
Projected or hypothetical performance is intended to show only an
expected range of possible investment outcomes based on historical
average returns and a standard deviation of each investment type
contained in the investment plan recommended by Wahed’s, but does
not take into consideration the effect of taxes, changing risk profiles or
future investment decisions. Projected and hypothetical performance
does not represent actual accounts or actual trades and may not reflect
the effect of material economic and market factors. The actual
transaction costs in Client accounts may be different.
Actual investors with Wahed’s may experience different results from any
hypothetical results shown. There is a potential for loss as well as gain that
is not reflected in the hypothetical information portrayed. The
hypothetical performance results shown do not represent the results of
actual trading using client assets but were achieved by means of the
retroactive application of a model designed with the benefit of hindsight.
Investors should carefully review the additional information presented by
Wahed as part of any hypothetical comparison.
ANY COMPARISONS TO INDICES ARE PROVIDED FOR ILLUSTRATIVE
PURPOSES ONLY. AN INDEX IS A BROADLY DIVERSIFIED, UNMANAGED
GROUP OF SECURITIES,
WHICH MAY INCLUDE ONLY LARGE CAPITALIZATION COMPANIES OR
COMPANIES OF A CERTAIN SIZE. BROADLY BASED INDICES MAY BE SHOWN
ONLY AS AN INDICATION OF THE GENERAL PERFORMANCE OF THE
FINANCIAL MARKETS DURING THE PERIODS INDICATED. BECAUSE OF THE
DIFFERENCES BETWEEN THE CLIENT ALLOCATIONS AND ANY INDICES
SHOWN, MULTIPLYWEALTH CAUTIONS INVESTORS THAT NO INDEX IS
DIRECTLY COMPARABLE TO THE PERFORMANCE SHOWN SINCE EACH
INDEX HAS ITS OWN UNIQUE RESULTS AND VOLATILITY, AND SUCH INDICES,
IF SHOWN, SHOULD NOT BE RELIED UPON AS AN ACCURATE COMPARISON.
The return, composite and performance information shown on the Site
uses or includes information compiled from third-party sources, including
independent market quotations and index information. Wahed believes
the third-party information comes from reliable sources, but Wahed does
not guarantee the accuracy of the Site information and may receive
incorrect information from third-party providers. Unless otherwise
indicated, the information on the Site has been prepared by Wahed and
has not been reviewed, compiled or audited by any independent third-party
or public accountant.
Fees may vary for each account. Advisory fees are charged depending
on the amount of assets under management. Our general fee structure
ranges from 0.29% to 0.99% of Assets Under Management annually. To
learn more about our fee structure, please refer to Wahed’s Wrap Fee Brochure.
Wahed Invest LLC. is registered as an investment advisor with the Securities and Exchange Commission. Registration does not imply a certain level of skill or training.
Custodial and brokerage services are provided by Apex Clearing Corporation, a member of the New York Stock Exchange, FINRA and SIPC.