Fact sheet: Imara Nigeria

Fund information
Fund name
Imara Nigeria
Fund manager company
Imara Asset Management Ltd
Fund type
OEIC
Fund manager
  • Imara Asset Management Ltdsince 01/02/2007
Fund objective
We seek growth companies at a reasonable price. The fund is long-only with no limit on the cash position.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
-38.6%
1 Year rank in sector
258/258
Sector
FO Equity - Emerging Markets
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.
218
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq47.6%
T. Rowe Price EmgMktsEq46.7%
Wells Fargo WW Emg Mkts Eq45.7%
Templeton BRIC45%
GS BRICs Rqt Portfl44.9%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Nigeria91%
    Money Market9%
  • Consumer Staples57%
    Financials34%
    Money Market9%
  • Middle East & African Equities91%
    Money Market9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%-33.1%-21.8%-38.6%-61.5%-44.7%
Sector0.6%10.1%11.6%11.8%-3.3%12.7%
Rank within sector27 / 264264 / 264260 / 260258 / 258206 / 206156 / 157
Quartile1st4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-36.5%-23.1%-26.5%21.4%33.8%
Sector14.2%-14.3%-1.4%-0.7%14.2%
Rank within sector259 / 259231 / 243217 / 2187 / 1924 / 163
Quartile4th4th4th1st1st
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.
-23.97
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.
0.09
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.
-0.09
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%.
29.48
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.
31.92
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.
-0.88
Price movement
52 week high7.83
52 week low4.22
Current bid price-
Current offer price-
Current mid price4.35
Region
1Nigeria91%
2Money Market9%
Industry sector
1Consumer Staples57%
2Financials34%
3Money Market9%
Asset type
1Middle East & African Equities91%
2Money Market9%
Individual holdings
1NIGERIAN BREWERIES15%
2GUARANTY TRUST BANK NGN0.5014.7%
3NESTLE SA13.5%
4UNILEVER NIGERIA13.1%
5ZENITH BANK11.4%
6PZ CUSSONS NIGERIA PLC7.9%
7STANBIC IBTC HOLDINGS PLC7.9%
8GUINNESS NIGERIA7.3%
9FBN HLDGS PLC0.1%
Management
Fund manager group
Imara Asset Management
Fund manager company
Imara Asset Management Ltd
Fund type
OEIC
Fund objective
We seek growth companies at a reasonable price. The fund is long-only with no limit on the cash position.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Fund manager
NameSinceBiography
Imara Asset Management Ltd01/02/2007
Compliance
Distributor Status, Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Offshore, United States, Virgin Islands - British
Imara Nigeria
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price4.35
CurrencyUSD
Price updated31/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCGQ5
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.