Fact sheet: Charlemagne Magna Africa

Fund information
Fund name
Charlemagne Magna Africa C EUR
Fund manager company
Charlemagne Capital
Fund type
No data available.
Fund managers
  • Sharat Duasince 23/03/2007
Fund objective
The Magna Africa Fund seeks to achieve capital growth by investing in a diversified portfolio of African Securities.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-1.5%
1 Year rank in sector
238/258
Sector
FO Equity - Emerging Markets
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.37%
Fund size
£14m (£20m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
139
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs46.8%
GAM Star Nth of Sth EM Eq43.1%
HSBC GIFEconScaleIxGEMEq42.2%
Dimensional EmMkt Tgt Val38%
Schroder ISF QEP Gl Eg Mts37.1%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa51.3%
    Egypt26.1%
    Kenya10.7%
    Money Market3.2%
    Nigeria2.9%
  • Financials25.8%
    Consumer Staples20%
    Consumer Discretionary16%
    Health Care10%
    Materials9%
  • South African Equities51.3%
    Egyptian Equity26.1%
    African Equity15.5%
    Middle East & African Equities3.9%
    Money Market3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%-4.3%-3.2%-1.5%-3.6%14.1%
Sector-2.6%-4%5.4%9.2%-6.3%3.1%
Rank within sector24 / 263119 / 267240 / 263238 / 258100 / 21074 / 161
Quartile1st2nd4th4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-1.5%-11%6.8%0.2%18.6%
Sector10.6%-14.3%-1.4%-0.7%14.2%
Rank within sector240 / 258100 / 24147 / 21573 / 19063 / 162
Quartile4th2nd1st2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.64
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.8
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0.01
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
15.34
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
11.04
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.07
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.51
Price movement
52 week high10.72
52 week low8.41
Current bid price-
Current offer price-
Current mid price9.67
Region
1South Africa51.3%
2Egypt26.14%
3Kenya10.65%
4Money Market3.2%
5Nigeria2.9%
6Uganda1.94%
7Botswana0.97%
8Liberia0.97%
9Tanzania0.97%
Industry sector
1Financials25.8%
2Consumer Staples20%
3Consumer Discretionary16%
4Health Care10%
5Materials9%
6Industrials8%
7Money Market3.2%
8Energy3%
9Telecommunications3%
Asset type
1South African Equities51.3%
2Egyptian Equity26.14%
3African Equity15.49%
4Middle East & African Equities3.88%
5Money Market3.2%
Individual holdings
No data available.
Management
Fund manager group
Charlemagne Capital
Fund manager company
Charlemagne Capital
Fund type
No data available.
Fund objective
The Magna Africa Fund seeks to achieve capital growth by investing in a diversified portfolio of African Securities.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Sharat Dua23/03/2007Sharat joined Charlemagne Capital in 2007 after five years working at Deloitte as a Senior Consultant in strategy, finance and M&A. At Charlemagne, Sharat researches companies across all sectors in Africa and the Middle East. Sharat has an MA in Economics and Management from Oxford University and has been a CFA charterholder since 2006.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Charlemagne Magna Africa A EUR
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.87%
Total expense ratio (TER)3.31%
Bid price-
Offer price-
Mid price8.197
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE928
Charlemagne Magna Africa C EUR
Initial charge5%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.76%
Bid price-
Offer price-
Mid price9.673
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE927
Charlemagne Magna Africa C USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.76%
Bid price-
Offer price-
Mid price10.411
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKGJR
Charlemagne Magna Africa G EUR
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.13%
Total expense ratio (TER)2.64%
Bid price-
Offer price-
Mid price9.972
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKGJS
Charlemagne Magna Africa G GBP
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.13%
Total expense ratio (TER)2.64%
Bid price-
Offer price-
Mid price8.5
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQEV
Charlemagne Magna Africa R EUR
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.87%
Total expense ratio (TER)3.31%
Bid price-
Offer price-
Mid price8.857
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNLI0
Charlemagne Magna Africa R GBP
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.87%
Total expense ratio (TER)3.31%
Bid price-
Offer price-
Mid price7.55
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNLH9
Charlemagne Magna Africa R USD
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.87%
Total expense ratio (TER)3.31%
Bid price-
Offer price-
Mid price9.532
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNLI1
Data provided by

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