10 largest holdings(as at 31/07/19)
Equity holdingEconomic sectorWeight
NaspersConsumer Discretionary 9.5%
Commercial International BankFinancials 8.7%
First Quantum MineralsMaterials 7.6%
Tullow OilEnergy 5.0%
SafaricomCommunication Services 4.7%
Attijariwafa BankFinancials 4.3%
AngloGold AshantiMaterials 3.9%
Guaranty Trust BankFinancials 3.7%
Nestle NigeriaConsumer Staples 2.6%
Kosmos EnergyEnergy 2.4%
Geographical breakdown(as at 31/08/19)
CountryFundBenchmark:ADeviation
South Africa33.0%24.9%8.1%
Egypt14.5%17.0%-2.5%
Kenya11.2%8.2%3.0%
Nigeria10.5%10.1%0.4%
Morocco8.1%15.5%-7.4%
Ghana5.3%4.9%0.4%
Zambia5.0%5.9%-0.9%
Canada2.5%5.1%-2.6%
United States2.5%2.1%0.4%
Mauritius1.1%0.0%1.1%
Zimbabwe0.4%0.0%0.4%
Tanzania0.2%0.0%0.2%
Mali0.0%2.5%-2.5%
Ivory Coast0.0%2.1%-2.1%
Burkina Faso0.0%1.7%-1.7%
Cash5.7%0.0%5.7%
Total100.0%100.0%0.0%
Sector breakdown(as at 31/08/19)
SectorFundBenchmark:A Deviation
Financials33.7%36.5%-2.8%
Materials19.9%27.3%-7.4%
Consumer Staples12.7%7.7%5.0%
Consumer Discretionary9.9%7.9%2.0%
Communication Services8.8%9.7%-0.9%
Energy8.1%7.0%1.1%
Industrials1.2%2.3%-1.1%
Real Estate0.0%1.6%-1.6%
Cash5.7%0.0%5.7%
Total100.0%100.0%0.0%