Fact sheet: Imara Zimbabwe

Fund information
Fund name
Imara Zimbabwe
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 with a view to achieving absolute returns over the long-run. 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
-29.3%
1 Year rank in sector
257/258
Sector
FO Equity - Emerging Markets
Yield
-
Fund size
£7m
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.
83
Top in this sector
Fund name1 Year
GAM Star Nth of Sth EM Eq50.5%
Templeton BRIC48%
Wells Fargo WW Emg Mkts Eq48%
T. Rowe Price EmgMktsEq47.1%
GS BRICs Rqt Portfl45.5%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Zimbabwe98%
    Money Market2%
  • Consumer Staples58%
    Financials12%
    Industrials11%
    Consumer Discretionary10%
    Telecommunications Utilities6%
  • African Equity98%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-8.8%-10.5%-29.3%-45.3%-44.8%
Sector1.7%10.7%12.4%13.7%-2.4%15.6%
Rank within sector207 / 264261 / 264259 / 260257 / 258204 / 206157 / 157
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-20.7%-16.1%-24.4%25.2%-1.2%
Sector14.9%-14.3%-1.4%-0.7%14.2%
Rank within sector257 / 259182 / 243216 / 2185 / 192163 / 163
Quartile4th3rd4th1st4th
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.
-17.79
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.
0.37
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.
-0.04
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%.
16.09
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.
17.1
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.
-1.11
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.
0.11
Price movement
52 week high9.56
52 week low6.82
Current bid price-
Current offer price-
Current mid price6.85
Region
1Zimbabwe98%
2Money Market2%
Industry sector
1Consumer Staples58%
2Financials12%
3Industrials11%
4Consumer Discretionary10%
5Telecommunications Utilities6%
6Money Market2%
7Materials1%
Asset type
1African Equity98%
2Money Market2%
Individual holdings
1BRITISH AMERICAN TOBACCO19.3%
2DELTA CORPORATION LTD15.1%
3SEED CO10.1%
4EDGARS STORES LIMITED7.8%
5ECONET WIRELESS ZIMBABWE LTD6.1%
6DAIRIBORD HLDGS LTD5.6%
7BARCLAYS BANK OF ZIMBABWE5.4%
8LEONI AG4.9%
9INNSCOR AFRICA4.8%
Management
Fund manager group
Imara Asset Management
Fund manager company
Imara Asset Management Ltd
Fund type
OEIC
Fund objective
We seek growth companies with a view to achieving absolute returns over the long-run. 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 Zimbabwe
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 price6.85
CurrencyUSD
Price updated31/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCGQ6
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.