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Sico funds deliver strong performance

Posted on 24 February 2010

From Tradearabia.com: Bahrain-based Securities & Investment Company (Sico) said its four regional equity funds had delivered a strong perfomance in 2009 despite the crisis. The funds which netted solid returns also received high ratings (AA and A) from Standard & Poor’s.

Sico’s flagship Khaleej Equity Fund, rated ‘AA” by S&P, and which invests in equities listed on the six GCC stock markets, achieved a return of 16.9 per cent for the year……………………………………Full Article: Source

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