Fact sheet: Imara African Resources

Fund information
Fund name
Imara African Resources
Fund manager company
Imara Asset Management Ltd
Fund type
OEIC
Fund manager
  • Imara Asset Management Ltdsince 01/07/2009
Fund objective
The Fund's objective is to achieve absolute returns over the long-run. We seek to invest in resource companies with above average grade / tonnage ratios, shallow or easily accessible ore bodies, no untoward metallurgical and logistical issues and experienced management.
Benchmark
  • Absolute return over the medium term
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.5%
1 Year rank in sector
43/98
Sector
FO Commodity & Energy
Yield
-
Fund size
£4m
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.
161
Top in this sector
Fund name1 Year
EGI Earth Gold107.3%
LLB Craton Cap Precious Metal92%
LLB Craton Capital Gbl Res88.7%
Baring Global Mining79.5%
SIA Long Term Invest Nat Res68.1%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • South Africa39%
    Africa31%
    Zimbabwe9%
    Money Market8%
    Morocco5%
  • Money Market89%
    Gold9%
    Iron & Steel Products2%
  • Money Market89%
    Commodity & Energy11%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund--0.5%-1%22.5%-60.5%-78%
Sector3.8%0.3%4.1%22.1%-8.8%-20.6%
Rank within sector-72 / 10171 / 10143 / 9890 / 9075 / 75
Quartile3rd3rd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund21.3%-51.3%-31.9%-33.5%-16.3%
Sector23.1%-19.8%-9%-6.6%-3.4%
Rank within sector49 / 9999 / 9989 / 9071 / 8471 / 75
Quartile2nd4th4th4th4th
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.
-21.89
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.
1.16
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.
-0.07
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%.
22.31
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.
15.48
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.
-1.52
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.
0.55
Price movement
52 week high4.32
52 week low3.19
Current bid price-
Current offer price-
Current mid price3.87
Region
1South Africa39%
2Africa31%
3Zimbabwe9%
4Money Market8%
5Morocco5%
6Zambia5%
7Mozambique3%
Industry sector
1Money Market89%
2Gold9%
3Iron & Steel Products2%
Asset type
1Money Market89%
2Commodity & Energy11%
Individual holdings
1RANDGOLD RESOURCES7.4%
2ANDIAMO EXPLORATION LIMITED2%
3BAOBAB RESOURCES PLC1.8%
Management
Fund manager group
Imara Asset Management
Fund manager company
Imara Asset Management Ltd
Fund type
OEIC
Fund objective
The Fund's objective is to achieve absolute returns over the long-run. We seek to invest in resource companies with above average grade / tonnage ratios, shallow or easily accessible ore bodies, no untoward metallurgical and logistical issues and experienced management.
Benchmark
  • Absolute return over the medium term
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Imara Asset Management Ltd01/07/2009
Compliance
Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Offshore, Virgin Islands - British
Imara African Resources
Initial charge-
Annual charge2%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3.87
CurrencyUSD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRG9
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.