Fact sheet: Deutsche Invest I Africa

Fund information
Fund name
Deutsche Invest I Africa NC
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund managers
  • Sebastian Kahlfeldsince 01/01/2011
Fund objective
Deutsche Invest I Africa is the Fund for the whole of Africa. The focus is currently on countries like South Africa, Egypt, Nigeria and Ghana. Selecting securities is based on a mix of the bottom-up approach, in which the fundamental data of companies is reviewed, and the top-down method, in which the focus is on the selection of countries and industries. In each case, Fund management follows the DWS maxim by which solid companies with strong growth are only bought at a price that Fund management views as sensible and reasonable.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
3.2%
1 Year rank in sector
254/262
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.
2.69%
Fund size
£73m (£81m 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.
150
Top in this sector
Fund name1 Year
Charlemagne Magna Nw Frt62.6%
Jul Baer Mltistck Emerg Eq52.3%
Hermes Gbl Emrg Mkts51.2%
GAM Star Nth of Sth EM Eq51%
JOHCM Gbl Emrg Mkts Opps50.1%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • South Africa35.5%
    Egypt24.3%
    Money Market9.1%
    Kenya8.4%
    Netherlands5.1%
  • Financials24.7%
    Consumer Discretionary20.1%
    Basic Materials12.5%
    Money Market9.1%
    Telecommunications Utilities7.2%
  • South African Equities35.5%
    Egyptian Equity24.3%
    African Equity15.6%
    Money Market9.1%
    Middle East & African Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-3.3%5.6%3.2%-20.9%-27.8%
Sector2.5%4.6%14.9%26.2%3.2%19.6%
Rank within sector227 / 274266 / 274261 / 270254 / 262212 / 220165 / 166
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.9%0.3%-15.9%-4.4%-12.1%
Sector13.6%10.7%-14.3%-1.4%-0.7%
Rank within sector266 / 274235 / 255174 / 233169 / 208180 / 182
Quartile4th4th3rd4th4th
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.
-7.49
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.
0.74
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%.
14.48
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.
10.79
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.
-0.77
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.
0.49
Price movement
52 week high89.27
52 week low77.14
Current bid price84.42
Current offer price87.03
Current mid price-
Region
1South Africa35.5%
2Egypt24.3%
3Money Market9.1%
4Kenya8.4%
5Netherlands5.1%
6Nigeria4.3%
7Africa4.1%
8United Arab Emirates1.9%
9Zambia1.8%
Industry sector
1Financials24.7%
2Consumer Discretionary20.1%
3Basic Materials12.5%
4Money Market9.1%
5Telecommunications Utilities7.2%
6Property6.4%
7Energy5.2%
8Industrials4.6%
9Utilities3.5%
Asset type
1South African Equities35.5%
2Egyptian Equity24.3%
3African Equity15.6%
4Money Market9.1%
5Middle East & African Equities5.6%
6Dutch Equities5.1%
7Emirian Equities1.9%
8Canadian Equities1.5%
9International Equities1.4%
Individual holdings
1NASPERS9.9%
2STEINHOFF INTERNATIONAL HLDGS5.1%
3EFG HERMES HLDGS5%
4FIRSTRAND4.2%
5SAFARICOM LTD4.2%
6RANDGOLD RESOURCES4.1%
7COMMERCIAL INTL BANK(EGYPT)S.A.E4%
8SASOL LTD (GRUNDSTOFFE)3.3%
9CURRO HLDGS LTD3%
Management
Fund manager group
DWS Investment
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund objective
Deutsche Invest I Africa is the Fund for the whole of Africa. The focus is currently on countries like South Africa, Egypt, Nigeria and Ghana. Selecting securities is based on a mix of the bottom-up approach, in which the fundamental data of companies is reviewed, and the top-down method, in which the focus is on the selection of countries and industries. In each case, Fund management follows the DWS maxim by which solid companies with strong growth are only bought at a price that Fund management views as sensible and reasonable.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Sebastian Kahlfeld01/01/2011Sebastian Kahlfeld is a Portfolio manager for Retail Emerging Markets Equity: Frankfurt. Joined the Company in 2005 after 2 years of experience as sales assistant at HVB Private Banking and Vereins- und Westbank. Graduated BA from University of Central England in Birmingham (2004); Diplom Kaufmann from University of Applied Sciences Braunschweig / Wolfenbüttel (2005); completed bank training program ("Bankkaufmann") at HypoVereinsbank, 2001.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Norway, Offshore, Portugal, Sweden
Deutsche Invest I Africa D RD GBP
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.18%
Bid price142.77
Offer price142.77
Mid price-
CurrencyGBP
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEQN6
Deutsche Invest I Africa FC
Initial charge-
Annual charge0.85%
Min single investment£400,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price96.94
Offer price96.94
Mid price-
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeD6K7
Deutsche Invest I Africa LC
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2%
Bid price88.54
Offer price93.2
Mid price-
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD6K5
Deutsche Invest I Africa LC USD
Initial charge5%
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.09%
Total expense ratio (TER)2.05%
Bid price65.99
Offer price69.47
Mid price-
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD6K8
Deutsche Invest I Africa LD
Initial charge5%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2%
Bid price88.35
Offer price93
Mid price-
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeD6L0
Deutsche Invest I Africa NC
Initial charge3%
Annual charge2.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.69%
Total expense ratio (TER)2.75%
Bid price84.42
Offer price87.03
Mid price-
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD6K6
Data provided by

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