Fact sheet: Imara Zimbabwe

Fund information

Fund name
Imara Zimbabwe
Fund company manager
Imara Asset Management Ltd
Fund type
SIB
Fund manager(s)
Craig Bandason
since 01/10/2017
Rainer Orth
since 01/10/2017
Tony Schroenn
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

-45.31 %

1 Year rank in sector

17/17

Sector

FO Equity - Africa

Yield
-
Fund size

£ 10.3 m

FE Risk score

595

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Zimbabwe
    100%
  • Consumer Staples
    60%
  • Industrials
    16%
  • Telecommunications Utilities
    11%
  • Financials
    8%
  • Consumer Discretionary
    3%
  • African Equity
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0 %-58.74 %-45.31 %-47.96 %-50.74 %
Sector5.87 %11.41 %46.96 %-0.92 %-7.43 %
Rank within sector / 17 / 1717 / 1716 / 1613 / 13
Quartile th th4 th4 th4 th4 th

Calendar performance

YTD-20182017201620152014
Fund0 %-45.31 %13.43 %-16.12 %-24.38 %
Sector1.97 %45.26 %-3.23 %-33.6 %-5.14 %
Rank within sector / 17 / 171 / 165 / 1613 / 14
Quartile th th4 th1 st2 nd4 th

Risk statistics

Alpha-18.82
Beta0.04
Sharpe-0.14
Volatility44.45
Tracking error47.76
Information ratio-0.56
R-Squared0

Price movement

52 week high15.1
52 week low5.36
Current bid price0
Current offer price0
Current mid price5.36

Holdings by region

  • 100% Zimbabwe

Holdings by sector

  • 60% Consumer Staples
  • 16% Industrials
  • 11% Telecommunications Utilities
  • 8% Financials
  • 3% Consumer Discretionary
  • 2% Materials

Holdings by asset type

  • 100% African Equity

Individual holdings

  • 16.5% BRITISH AMERICAN TOBACCO PLC
  • 13.9% DELTA CORPORATION LTD
  • 11% ECONET WIRELESS ZIMBABWE LTD
  • 10.9% SEED CO
  • 7.6% INNSCOR AFRICA
  • 6.7% OK ZIMBABWE
  • 5.2% DAIRIBORD HLDGS LTD
  • 5.1% BARCLAYS BANK OF ZIMBABWE
  • 3.8% ARISTON HLDGS
  • 3.2% SIMBISA BRANDS LTD