Fact sheet: IPConcept Silk Road Frontier

Fund information

Fund name
IPConcept Silk Road Frontiers R USD
Fund company manager
IPConcept (Luxemburg) SA
Fund type
SIB
Fund manager(s)
Hesham Saad
since 29/10/2010
Fund objective
The fund invests in listed equities across the frontier markets, predominantly in the Middle East, North Africa (MENA), Sub Saharan Africa (SSA) and the Caspian. These are effectively off benchmark emerging markets. We identify and act upon opportunities in these local markets. The stocks we choose capture the upside of economic development in these countries.
Benchmark
MSCI Frontier Markets
Investment style
None
Investment method
Shares

Quick stats

1 Year return

14.96 %

1 Year rank in sector

9/12

Sector

FO Equity - MENA

Yield
-
Fund size

£ 8.2 m

FE Risk score

105

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Saudi Arabia
    15.12%
  • Pakistan
    14.83%
  • Argentina
    11.58%
  • Nigeria
    9.71%
  • Kenya
    9.17%
  • Banks
    32.08%
  • Materials
    10.78%
  • Consumer Discretionary
    10.52%
  • Real Estate
    9.66%
  • Telecommunications Utilities
    9.55%
  • African Equity
    30.08%
  • Saudi Arabian Equities
    15.12%
  • Asia Pacific Emerging Equities
    14.83%
  • American Emerging Equities
    11.58%
  • Asia Pacific Equities
    8.58%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.32 %4.5 %14.96 %-11.08 %4.48 %
Sector0.28 %4.65 %17.61 %-5.17 %31.24 %
Rank within sector5 / 127 / 129 / 127 / 128 / 10
Quartile th2 nd3 rd3 rd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund12.23 %0.09 %-16.71 %-2.17 %13.81 %
Sector9.57 %5.07 %-14.96 %12.24 %20.23 %
Rank within sector7 / 128 / 128 / 1211 / 119 / 10
Quartile th3 rd3 rd3 rd4 th4 th

Risk statistics

Alpha-2.32
Beta0.76
Sharpe-0.01
Volatility10.67
Tracking error6.13
Information ratio-0.2
R-Squared0.75

Price movement

52 week high89.25
52 week low73.89
Current bid price0
Current offer price0
Current mid price85.9

Holdings by region

  • 15.12% Saudi Arabia
  • 14.83% Pakistan
  • 11.58% Argentina
  • 9.71% Nigeria
  • 9.17% Kenya
  • 8.58% Bangladesh
  • 7.61% United Arab Emirates
  • 6.79% Egypt
  • 5.6% Ghana
  • 5.6% Morocco

Holdings by sector

  • 32.08% Banks
  • 10.78% Materials
  • 10.52% Consumer Discretionary
  • 9.66% Real Estate
  • 9.55% Telecommunications Utilities
  • 9.09% Consumer Staples
  • 6.72% Industrials
  • 5.34% Financials
  • 3.44% Health Care
  • 2.82% Money Market

Holdings by asset type

  • 30.08% African Equity
  • 15.12% Saudi Arabian Equities
  • 14.83% Asia Pacific Emerging Equities
  • 11.58% American Emerging Equities
  • 8.58% Asia Pacific Equities
  • 7.61% Emirian Equities
  • 6.79% Egyptian Equity
  • 2.82% Money Market
  • 1.56% Qatari Equities
  • 1.03% Middle East & African Equities

Individual holdings

  • 4.89% UNITED BANK LTD
  • 4.33% D.G.KHAN CEMENT CO
  • 4.17% ECOBANK GHANA
  • 3.7% DOUJA PROMOTION GROUPE ADDOHA SA
  • 3.67% GUARANTY TRUST BANK NGN0.50
  • 3.57% DANGOTE CEMENT PLC
  • 3.44% SQUARE PHARMACEUTICAL
  • 3.42% EMAAR PROPERTIES
  • 3.37% ADECOAGRO SA
  • 3.26% GRUPO FINANCIERO GALICIA SA