Fact sheet: Imara Nigeria

Fund information

Fund name
Imara Nigeria
Fund company manager
Imara Asset Management Ltd
Fund type
SIB
Fund manager(s)
Rainer Orth
since 01/10/2017
Tony Schroenn
since 01/10/2017
Craig Bandason
since 01/10/2017
Fund objective
The Fund's objective is to achieve absolute returns over the long-run. We think the best way to achieve this for a long-only Fund is to buy companies with good business models cheaply. The Investment Universe in which we choose to invest is illiquid. Our long term investment approach suits this environment. The Fund's portfolio turnover is low as a consequence.
Benchmark
Absolute return over the medium term
Investment style
None
Investment method
Shares

Quick stats

1 Year return

26.7 %

1 Year rank in sector

4/17

Sector

FO Equity - Africa

Yield
-
Fund size

£ 5.4 m

FE Risk score

233

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    90%
  • Nigeria
    10%
  • Consumer Staples
    46%
  • Financials
    44%
  • Money Market
    10%
  • Money Market
    90%
  • Middle East & African Equities
    10%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0 %30.68 %26.7 %-42.93 %-41.64 %
Sector1.78 %9.94 %30.96 %-6.65 %-10.82 %
Rank within sector / 1 / 174 / 1716 / 1713 / 14
Quartile th th1 st1 st4 th4 th

Calendar performance

YTD-20172016201520142013
Fund30.99 %-39.71 %-23.12 %-26.49 %21.44 %
Sector37.47 %-3.23 %-33.6 %-5.14 %1.82 %
Rank within sector4 / 1717 / 179 / 1715 / 153 / 14
Quartile th1 st4 th3 rd4 th1 st

Risk statistics

Alpha-10.85
Beta0.75
Sharpe-0.06
Volatility30.07
Tracking error27.19
Information ratio-0.47
R-Squared0.22

Price movement

52 week high5.41
52 week low3.76
Current bid price0
Current offer price0
Current mid price5.41

Holdings by region

  • 90% Money Market
  • 10% Nigeria

Holdings by sector

  • 46% Consumer Staples
  • 44% Financials
  • 10% Money Market

Holdings by asset type

  • 90% Money Market
  • 10% Middle East & African Equities

Individual holdings

  • 15.8% STANBIC IBTC HOLDINGS PLC
  • 15.5% GUARANTY TRUST BANK NGN0.50
  • 13.6% NESTLE FOODS NIGERIA
  • 13% ZENITH BANK
  • 10.7% NIGERIAN BREWERIES
  • 10.3% GUINNESS NIGERIA
  • 6.6% PZ CUSSONS NIGERIA PLC
  • 4.4% UNILEVER NIGERIA