Fact sheet: Imara Nigeria

Fund information

Fund name
Imara Nigeria
Fund company manager
Imara Asset Management Ltd
Fund type
SIB
Fund manager
Imara Asset Management Ltd
since 01/02/2007
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

-5.3 %

1 Year rank in sector

271/272

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 4.1 m

FE Risk score

205

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Nigeria
    90%
  • Money Market
    10%
  • Consumer Staples
    49%
  • Financials
    41%
  • Money Market
    10%
  • Middle East & African Equities
    90%
  • Money Market
    10%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund12.32 %12.59 %-5.3 %-61.38 %-35.86 %
Sector3.21 %15.22 %19.94 %5.04 %21.23 %
Rank within sector2 / 284196 / 278271 / 272224 / 224172 / 172
Quartile th1 st3 rd4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund12.59 %-39.71 %-23.12 %-26.49 %21.44 %
Sector18.86 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector229 / 278259 / 259225 / 234208 / 2096 / 184
Quartile th4 th4 th4 th4 th1 st

Risk statistics

Alpha-23.56
Beta0
Sharpe-0.09
Volatility30.49
Tracking error33.07
Information ratio-0.84
R-Squared-

Price movement

52 week high4.65
52 week low3.76
Current bid price0
Current offer price0
Current mid price4.65

Holdings by region

  • 90% Nigeria
  • 10% Money Market

Holdings by sector

  • 49% Consumer Staples
  • 41% Financials
  • 10% Money Market

Holdings by asset type

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

Individual holdings

  • 16.3% GUARANTY TRUST BANK NGN0.50
  • 13.9% NIGERIAN BREWERIES
  • 12.6% ZENITH BANK
  • 12.4% NESTLE SA
  • 12.2% STANBIC IBTC HOLDINGS PLC
  • 10.9% UNILEVER NIGERIA
  • 7% PZ CUSSONS NIGERIA PLC
  • 4.8% GUINNESS NIGERIA
  • 0.1% FBN HLDGS PLC