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
-11.8%
1 Year rank in sector
254/258
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.
79
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs43.9%
GAM Star Nth of Sth EM Eq37.4%
HSBC GIFEconScaleIxGEMEq36.5%
Dimensional EmMkt Tgt Val32%
Templeton BRIC32%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • Zimbabwe99%
    Money Market1%
  • Consumer Staples60%
    Industrials13%
    Financials9%
    Consumer Discretionary8%
    Telecommunications Utilities8%
  • African Equity99%
    Money Market1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-15.8%5.6%-11.8%-43.5%-27.8%
Sector-2.7%-4.3%5.9%6.5%-7.7%0.7%
Rank within sector-1 / 267115 / 263254 / 258208 / 210157 / 160
Quartile1st2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-8.2%-16.1%-24.4%25.2%-1.2%
Sector9%-14.3%-1.4%-0.7%14.2%
Rank within sector251 / 258183 / 241213 / 2155 / 189161 / 161
Quartile4th4th4th1st4th
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.
-11.33
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.
0.13
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.
-0.03
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%.
20.25
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.
23.3
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.
-0.47
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.
0.01
Price movement
52 week high8.64
52 week low6.82
Current bid price-
Current offer price-
Current mid price7.93
Region
1Zimbabwe99%
2Money Market1%
Industry sector
1Consumer Staples60%
2Industrials13%
3Financials9%
4Consumer Discretionary8%
5Telecommunications Utilities8%
6Materials1%
7Money Market1%
Asset type
1African Equity99%
2Money Market1%
Individual holdings
1BRITISH AMERICAN TOBACCO20.9%
2DELTA CORPORATION LTD14.7%
3SEED CO12.5%
4ECONET WIRELESS ZIMBABWE LTD8%
5EDGARS STORES LIMITED6.8%
6INNSCOR AFRICA6.7%
7BARCLAYS BANK OF ZIMBABWE5.3%
8OK ZIMBABWE4.3%
9DAIRIBORD HLDGS LTD3.2%
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 price7.93
CurrencyUSD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCGQ6
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.