Fact sheet: IPConcept Silk Afric Lions

Fund information

Fund name
IPConcept Silk African Lions AR EUR
Fund company manager
IPConcept (Luxemburg) SA
Fund type
SIB
Fund manager
Funmi Akinluyi
since 30/06/2009
Fund objective
The Fund Invests in listed securities across the entire African continent. The successful African markets, as in Asia, are leading the industrialization of the region. At Silk Invest we believe that this new generation of nations will become the future lions. Our focus in these dominant markets is to invest in the securities which will both outperform their local peers and become true leaders in their field.
Benchmark
MSCI EFM Africa ex ZA
Investment style
None
Investment method
Shares

Quick stats

1 Year return

5.62 %

1 Year rank in sector

250/274

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 26.4 m

FE Risk score

126

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Nigeria
    20.6%
  • Kenya
    16.9%
  • Egypt
    15.1%
  • Morocco
    14.5%
  • South Africa
    12.5%
  • Banks
    33.7%
  • Financials
    11.8%
  • Real Estate
    10.4%
  • Materials
    9.3%
  • Consumer Discretionary
    8%
  • African Equity
    61.8%
  • Egyptian Equity
    15.1%
  • South African Equities
    12.5%
  • Money Market
    7.8%
  • Middle East & African Equities
    2.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.01 %5.13 %5.62 %-19.19 %-6.7 %
Sector0.2 %9.59 %14.6 %4.04 %17.34 %
Rank within sector273 / 290229 / 282250 / 274221 / 229166 / 173
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund5.46 %-5.08 %-18.9 %8.43 %5.35 %
Sector18.57 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector269 / 280256 / 261208 / 23637 / 21238 / 184
Quartile th4 th4 th4 th1 st1 st

Risk statistics

Alpha-5.45
Beta0.48
Sharpe-0.01
Volatility13.36
Tracking error13.4
Information ratio-0.49
R-Squared0.24

Price movement

52 week high104.29
52 week low88.04
Current bid price0
Current offer price0
Current mid price99.67

Holdings by region

  • 20.6% Nigeria
  • 16.9% Kenya
  • 15.1% Egypt
  • 14.5% Morocco
  • 12.5% South Africa
  • 7.8% Money Market
  • 4.6% Mauritius
  • 4% Ghana
  • 2.8% Senegal
  • 1.2% Zambia

Holdings by sector

  • 33.7% Banks
  • 11.8% Financials
  • 10.4% Real Estate
  • 9.3% Materials
  • 8% Consumer Discretionary
  • 7.8% Money Market
  • 7.7% Telecommunications Utilities
  • 6.3% Consumer Staples
  • 5% Industrials

Holdings by asset type

  • 61.8% African Equity
  • 15.1% Egyptian Equity
  • 12.5% South African Equities
  • 7.8% Money Market
  • 2.8% Middle East & African Equities

Individual holdings

  • 5.3% GUARANTY TRUST BANK NGN0.50
  • 5.2% ZENITH BANK
  • 5% ELSWEDY ELECTRIC CO
  • 4.9% SAFARICOM LTD
  • 4.6% MCB GROUP LIMITED
  • 4.4% EQUITY BANK
  • 4.4% LABEL VIE
  • 4.3% KENYA COMMERCIAL BANK
  • 4.3% LAFARGE CEMENT WAPCO NIGERIA PLC
  • 4.2% DOUJA PROMOTION GROUPE ADDOHA SA