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JCR-VIS Credit Rating Company Limited has assessed the fund performance ranking of closed-end stock funds for the one-year and two-year periods ended June 30, 2008. Two-year rankings are based on average performance over the period and the peer group only includes those funds which have completed the full term.
-- Following are the star ranking for June 2008:
-- Category: Closed-end stock funds
OPEN-END STOCK FUNDS:
JCR-VIS Credit Rating Company Limited has assessed the fund performance ranking of open-end funds in the stock, Islamic stock and balanced categories, for the one- and two-year period ended June 30, 2008.
Two-year rankings are based on average performance over the performance horizon and only include those funds which have completed the full term. Following are the star rankings for June 2008:
Category: Open-end Stock Funds
Performance Period: 1 & 2 years.



==========================================================================
Peer group:
==========================================================================
Name 1-year ranking 2-years average ranking
==========================================================================
Asian Stock fund MFR 1-Star MFR 4-Star
Golden Arrow Selected
Stocks Fund MFR 4-Star MFR 5-Star
PICIC Energy Fund MFR 5-Star MFR 2-Star
PICIC Investment Fund MFR 3-Star MFR 1-Star
PICIC Growth Fund MFR 2-Star MFR 1-Star
Safeway Mutual Fund MFR 1-Star MFR 4-Star
==========================================================================


==========================================================================
Peer Group:
==========================================================================
Name 1-year ranking 2-year average ranking
==========================================================================
AKI) Opportunity Fund MFR S-Star MFR 5-Star
Crosby Dragon Fund MFR 5-Star MFR S-Star
National Investment Unit Trust MFR 3-Star MFR 4-Star
NAFA Stock Fund MFR 3-Star N/A
United Stock Advantage Fund MFR 4-Star N/A
United Stock Advantage Fund MFR 4-Star N/A
==========================================================================

-PR
Copyright Business Recorder, 2008

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