10 largest holdings(as at 31/08/20)
Equity holdingEconomic sectorWeight
NaspersConsumer Discretionary 8.6%
Commercial International BankFinancials 7.9%
B2GoldMaterials 6.7%
SafaricomCommunication Services 5.5%
CentaminMaterials 4.9%
Gold FieldsMaterials 4.8%
Attijariwafa BankFinancials 3.8%
Maroc TelecomCommunication Services 3.7%
Guaranty Trust BankFinancials 3.6%
Endeavour MiningMaterials 3.5%
Geographical breakdown(as at 30/09/20)
CountryFundBenchmark:ADeviation
South Africa34.3%27.5%6.8%
Egypt13.7%14.8%-1.1%
Kenya11.4%7.1%4.3%
Morocco10.4%15.0%-4.6%
Canada8.4%9.6%-1.2%
Nigeria8.3%10.4%-2.1%
Ivory Coast2.9%4.2%-1.3%
Norway2.8%2.9%-0.1%
Zambia0.9%0.0%0.9%
China0.8%0.0%0.8%
Mauritius0.5%0.0%0.5%
United States0.4%0.5%-0.1%
Australia0.0%3.2%-3.2%
Mali0.0%2.5%-2.5%
United Kingdom0.0%2.3%-2.3%
Cash5.2%0.0%5.2%
Total100.0%100.0%0.0%
Sector breakdown(as at 30/09/20)
SectorFundBenchmark:A Deviation
Materials32.0%36.5%-4.5%
Financials26.8%30.8%-4.0%
Communication Services12.3%14.2%-1.9%
Consumer Staples9.5%5.9%3.6%
Consumer Discretionary9.4%8.4%1.0%
Utilities2.8%2.9%-0.1%
Industrials1.6%0.8%0.8%
Energy0.4%0.5%-0.1%
Cash5.2%0.0%5.2%
Total100.0%100.0%0.0%