Fact sheet: Imara Nigeria

Fund information

Fund name
Imara Nigeria
Fund company manager
Imara Asset Management Ltd
Fund type
SIB
Fund manager(s)
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

16.59 %

1 Year rank in sector

198/273

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 5.3 m

FE Risk score

230

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Nigeria
    80%
  • Money Market
    20%
  • Consumer Staples
    41%
  • Financials
    39%
  • Money Market
    20%
  • Middle East & African Equities
    80%
  • Money Market
    20%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.19 %32.51 %16.59 %-55.65 %-41.19 %
Sector1.69 %13.37 %21.37 %15.7 %21.43 %
Rank within sector259 / 2902 / 279198 / 273227 / 227173 / 173
Quartile th4 th1 st3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund29.3 %-39.71 %-23.12 %-26.49 %21.44 %
Sector25.23 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector110 / 278257 / 257220 / 231210 / 2116 / 182
Quartile th2 nd4 th4 th4 th1 st

Risk statistics

Alpha-18.03
Beta0.09
Sharpe-0.09
Volatility31.25
Tracking error33.59
Information ratio-0.72
R-Squared0

Price movement

52 week high5.34
52 week low3.76
Current bid price0
Current offer price0
Current mid price5.34

Holdings by region

  • 80% Nigeria
  • 20% Money Market

Holdings by sector

  • 41% Consumer Staples
  • 39% Financials
  • 20% Money Market

Holdings by asset type

  • 80% Middle East & African Equities
  • 20% Money Market

Individual holdings

  • 15.5% GUARANTY TRUST BANK NGN0.50
  • 14.8% STANBIC IBTC HOLDINGS PLC
  • 14.2% NESTLE SA
  • 13.9% NIGERIAN BREWERIES
  • 8.8% ZENITH BANK
  • 5.9% CUSSONS NIGERIA PLC
  • 4.2% GUINNESS NIGERIA
  • 3.2% UNILEVER NIGERIA