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
-3.2%
1 Year rank in sector
243/258
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 (£19m 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.
119
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq51.8%
Wells Fargo WW Emg Mkts Eq47.6%
Templeton BRIC47.3%
SEI Emg Mkts Eq44.5%
Charlemagne Magna New Frontrs44.4%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa47.5%
    Egypt25.7%
    Kenya13.3%
    Money Market4%
    Nigeria3.8%
  • Financials26.6%
    Consumer Staples19%
    Consumer Discretionary16.2%
    Health Care9.5%
    Materials9.5%
  • South African Equities47.5%
    Egyptian Equity25.7%
    African Equity19%
    Money Market4%
    Middle East & African Equities3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%4.3%5.9%-3.2%3.4%25.2%
Sector1.7%10.8%13.1%14.7%-2.3%15.8%
Rank within sector135 / 264241 / 264241 / 260243 / 25889 / 20781 / 157
Quartile3rd4th4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.9%-11%6.8%0.2%18.6%
Sector14.3%-14.3%-1.4%-0.7%14.2%
Rank within sector241 / 259100 / 24348 / 21871 / 19258 / 163
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.
0.84
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.
0.76
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
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%.
15.06
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.
10.96
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.
0.02
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.
0.52
Price movement
52 week high11.06
52 week low8.41
Current bid price-
Current offer price-
Current mid price10.2
Region
1South Africa47.53%
2Egypt25.66%
3Kenya13.31%
4Money Market4%
5Nigeria3.8%
6Uganda1.9%
7Botswana0.95%
8Liberia0.95%
9Tanzania0.95%
Industry sector
1Financials26.63%
2Consumer Staples19.01%
3Consumer Discretionary16.16%
4Health Care9.5%
5Materials9.5%
6Industrials6.65%
7Money Market4%
8Telecommunications3.8%
9Energy2.85%
Asset type
1South African Equities47.53%
2Egyptian Equity25.66%
3African Equity19.01%
4Money Market4%
5Middle East & African Equities3.8%
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)3.08%
Bid price-
Offer price-
Mid price8.651
CurrencyEUR
Price updated23/09/2016
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)2.58%
Bid price-
Offer price-
Mid price10.198
CurrencyEUR
Price updated23/09/2016
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)2.58%
Bid price-
Offer price-
Mid price11.451
CurrencyUSD
Price updated23/09/2016
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)3.08%
Bid price-
Offer price-
Mid price10.508
CurrencyEUR
Price updated23/09/2016
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)2.11%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price9.101
CurrencyGBP
Price updated23/09/2016
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)3.08%
Bid price-
Offer price-
Mid price9.347
CurrencyEUR
Price updated23/09/2016
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)3.08%
Bid price-
Offer price-
Mid price8.096
CurrencyGBP
Price updated23/09/2016
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)3.18%
Bid price-
Offer price-
Mid price10.496
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNLI1
Data provided by

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