Fact sheet: Imara Nigeria

Fund information

Fund name
Imara Nigeria
Fund company manager
Imara Asset Management Ltd
Fund type
SIB
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
-
Investment method
Shares

Quick stats

1 Year return

22.53 %

1 Year rank in sector

73/275

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 5.0 m

FE Risk score

220

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Nigeria
    92%
  • Money Market
    8%
  • Consumer Staples
    47%
  • Financials
    45%
  • Money Market
    8%
  • Middle East & African Equities
    92%
  • Money Market
    8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund7.68 %41.76 %22.53 %-55.29 %-35.32 %
Sector0.59 %10.98 %18.03 %10.01 %18.76 %
Rank within sector2 / 2932 / 28173 / 275229 / 229172 / 173
Quartile th1 st1 st2 nd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund29.06 %-39.71 %-23.12 %-26.49 %21.44 %
Sector22.49 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector86 / 280259 / 259225 / 234210 / 2116 / 182
Quartile th2 nd4 th4 th4 th1 st

Risk statistics

Alpha-19.73
Beta0.08
Sharpe-0.08
Volatility31.27
Tracking error33.38
Information ratio-0.74
R-Squared0

Price movement

52 week high5.33
52 week low3.76
Current bid price0
Current offer price0
Current mid price5.33

Holdings by region

  • 92% Nigeria
  • 8% Money Market

Holdings by sector

  • 47% Consumer Staples
  • 45% Financials
  • 8% Money Market

Holdings by asset type

  • 92% Middle East & African Equities
  • 8% Money Market

Individual holdings

  • 16.3% GUARANTY TRUST BANK NGN0.50
  • 14.7% STANBIC IBTC HOLDINGS PLC
  • 14.2% ZENITH BANK
  • 13.5% NIGERIAN BREWERIES
  • 12.4% NESTLE SA
  • 10% UNILEVER NIGERIA
  • 7.5% PZ CUSSONS NIGERIA PLC
  • 3.8% GUINNESS NIGERIA