Fact sheet: Ashburton Africa Eq Opps

Fund information

Fund name
Ashburton Africa Equity Opportunities D Acc USD
Fund company manager
Ashburton Investments
Fund type
SIB
Fund manager
Mr. Paul Clark
since 22/05/2013
Fund objective
The investment objective of the Sub-Fund is to maximise risk-adjusted returns over the long run while preserving capital, regardless of market conditions, by investing in companies whose primary source of income is from, or whose major assets are based on, the African continent. It is anticipated that at least 80% of the Fund will be invested in companies listed on African stock exchanges and the balance on stock exchanges outside Africa. The Fund can also invest up to 10% in selected investment opportunities, such as pre-IPO opportunities or unlisted investments.
Benchmark
MSCI Emerging Frontier Markets Africa ex SA Index
Investment style
None
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

15.46 %

1 Year rank in sector

173/275

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 18.0 m

FE Risk score

179

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Egypt
    37.52%
  • Nigeria
    24.48%
  • Kenya
    16.57%
  • International
    5.97%
  • Money Market
    4.87%
  • Financials
    31.86%
  • Consumer Staples
    13.14%
  • Energy
    12.32%
  • Telecommunications Utilities
    9.85%
  • Consumer Discretionary
    8.8%
  • African Equity
    44.32%
  • Egyptian Equity
    37.52%
  • Middle East & African Equities
    7.32%
  • International Equities
    5.97%
  • Money Market
    4.87%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.38 %17.4 %15.46 %-38.55 %0 %
Sector0.59 %10.98 %18.03 %10.01 %18.76 %
Rank within sector194 / 29354 / 281173 / 275228 / 229 /
Quartile th3 rd1 st3 rd4 th th

Calendar performance

YTD-20172016201520142013
Fund29.48 %-22.67 %-28.96 %-7.32 %0 %
Sector22.49 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector77 / 280258 / 259234 / 234196 / 211 /
Quartile th2 nd4 th4 th4 th th

Risk statistics

Alpha-14.35
Beta0.65
Sharpe-0.04
Volatility19.53
Tracking error17.9
Information ratio-0.89
R-Squared0.21

Price movement

52 week high7.8209
52 week low5.8047
Current bid price0
Current offer price0
Current mid price7.6688

Holdings by region

  • 37.52% Egypt
  • 24.48% Nigeria
  • 16.57% Kenya
  • 5.97% International
  • 4.87% Money Market
  • 4.21% Africa
  • 3.27% Mauritius
  • 3.11% Uganda

Holdings by sector

  • 31.86% Financials
  • 13.14% Consumer Staples
  • 12.32% Energy
  • 9.85% Telecommunications Utilities
  • 8.8% Consumer Discretionary
  • 5.91% Industrials
  • 4.87% Money Market
  • 4.16% Materials
  • 3.4% Others
  • 3.11% Utilities

Holdings by asset type

  • 44.32% African Equity
  • 37.52% Egyptian Equity
  • 7.32% Middle East & African Equities
  • 5.97% International Equities
  • 4.87% Money Market

Individual holdings

  • 9.36% SEPLAT PETROLEUM DEVT CO PLC
  • 7.11% COMMERCIAL INTERNATIONAL CORP
  • 6.71% OBOUR LAND FOR FOOD IND
  • 5.25% CENTUM INVESTMENT CO
  • 4.5% EASTERN TABACCO