Investment objective

To provide long-term capital growth by investing primarily in African companies.

Asset classEquity
RegionEmerging Markets
Key facts
Portfolio manager(s)Pandora Omaset,
Oleg Biryulyov
Fund launch date14/05/08
Fund size (as at 13/08/20)USD 140.2 m
Fund size (as at 31/07/20)USD 141.3 m
Share class launch date11/06/10
Share class currencyEUR
Overall Morningstar RatingTM
(as at 31/07/20)
Net asset value
13/08/2075.83  EUR
12/08/2075.82  EUR
11/08/2075.43  EUR
10/08/2076.74  EUR
07/08/2076.71  EUR
12 month NAV high (20/01/20)94.37  EUR
12 month NAV low  (19/03/20)60.49  EUR
Historical individual NAV price search
Historical NAV price download tool
Fund charges & expenses
Initial charge (max.)5.00 %
Redemption charge (max.)0.50 %
Performance fee10.00 %
Annual Mgt.1.50 %
Expenses0.30 %
Distribution Fee0.75 %
Ongoing charge2.56 %
Performance fee is 10% when the fund return exceeds the benchmark return. Please refer to the Fund’s Prospectus for conditions on the application of the performance fees.
The Expenses figure shown above is capped and the maximum amount you will pay.
Performance (as at 31/07/20)
1 month1.21 %
3 months4.89 %
1 year-12.95 %
3 years-14.80 %
5 years-24.88 %
10 years-6.16 %