Nile Pan Africa Fund Institutional ClassNAFIX

14.79
0.01 / 0.07%
13.42 - 15.04+0.67
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Jul 11 2014.

Total returns on $10,000

As of Jun 30 2014.Fund performance

Objective

The investment seeks to provide long term total return. Under normal circumstances, the fund seeks to achieve its investment objective by investing opportunistically in a focused portfolio of investments in the equity, fixed income, cash and cash equivalent asset classes. It will invest in fixed income securities without restriction as to capitalization, credit quality or maturity. The fund may invest in fixed income securities that are sometimes referred to as "high yield" or "junk" bonds. It is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Mid
Investment Style: Growth
Morningstar categoryMiscellaneous Region
Launch date03/11/2010
Price currencyUSD
DomicileUnited States
SymbolNAFIX
Manager & start date
Larry Seruma
29/04/2010

Investment

Pricing frequencyDaily
Total net assets
10.33m USDAs of Jun 30 2014
Net expense ratio2.25%
Front end load--
Deferred load--
Redemption fee2.00%
Min. initial investment250,000 USD
Min. additional investment25,000 USD
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

Non-US stock
93.55%
Other
6.29%
Cash
0.16%
US stock
0.00%
US bond
0.00%
Non-US bond
0.00%

Top 5 sectors

Industrials
20.06%
Consumer Cyclical
15.51%
Financial Services
14.21%
Consumer Defensive
13.37%
Basic Materials
10.04%

Top 5 Regions

Africa
69.46%
Eurozone
10.47%
United Kingdom
9.92%
Emerging Europe
2.08%
Middle East
1.62%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Mtn Group Ltd--4.48%
Consolidated Infrastructure Group Ltd--4.38%
Tiger Brands Ltd--3.95%
African Bank Investments Ltd--3.89%
Massmart Holdings Ltd--3.82%
Data delayed at least 15 minutes, as of Mar 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

All managed funds data located on FT.com is subject to the FT Terms & Conditions . All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

All data shown on this page, unless noted otherwise is Data Source and Copyright: Morningstar, Inc. 2014
All Rights reserved

© 2014 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Equity Style Box is a unique graphical tool showing a fund’s true investment style and market capitalisation.

The Morningstar Fixed Income Style Box is a unique graphical tool showing a fund's true credit quality and duration.

Pricing for ETFs is the latest price and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.