10 largest holdings(as at 31/12/19)
Equity holdingEconomic sectorWeight
Commercial International BankFinancials 9.7%
NaspersConsumer Discretionary 8.3%
Sibanye GoldMaterials 6.0%
SafaricomCommunication Services 5.3%
Attijariwafa BankFinancials 4.3%
Equity GroupFinancials 3.9%
B2GoldMaterials 3.7%
Guaranty Trust BankFinancials 3.7%
KCBFinancials 3.1%
Nestle NigeriaConsumer Staples 2.9%
Geographical breakdown(as at 31/01/20)
CountryFundBenchmark:ADeviation
South Africa37.2%26.1%11.1%
Egypt15.0%17.5%-2.5%
Kenya13.4%9.3%4.1%
Nigeria10.5%11.2%-0.7%
Morocco10.1%16.2%-6.1%
Canada4.6%5.9%-1.3%
United States2.5%2.5%0.0%
Mauritius1.1%0.0%1.1%
United Kingdom0.4%0.0%0.4%
Tanzania0.2%0.0%0.2%
Zimbabwe0.1%0.0%0.1%
Australia0.0%3.0%-3.0%
Ivory Coast0.0%2.1%-2.1%
Norway0.0%2.1%-2.1%
Mali0.0%1.9%-1.9%
Ghana0.0%1.3%-1.3%
Burkina Faso0.0%0.9%-0.9%
Cash4.9%0.0%4.9%
Total100.0%100.0%0.0%
Sector breakdown(as at 31/01/20)
SectorFundBenchmark:A Deviation
Financials36.3%39.8%-3.5%
Materials20.1%24.7%-4.6%
Consumer Staples14.5%8.2%6.3%
Consumer Discretionary10.3%9.0%1.3%
Communication Services9.0%9.4%-0.4%
Energy2.8%3.7%-0.9%
Industrials1.7%1.6%0.1%
Real Estate0.4%1.5%-1.1%
Utilities0.0%2.1%-2.1%
Cash4.9%0.0%4.9%
Total100.0%100.0%0.0%