Commonwealth Africa Fund (CAFRX)

10.72
Net Asset Value
-1.47%
1 Day
0.00%
Year-to-Date
Overall Morningstar Rating
Miscellaneous region
Style or Category
No Load
Sales Expenses
3.44%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term capital appreciation and current income. Under normal market conditions- the fund invests at least 80% of its net assets in the securities of- and depositary receipts (including American Depositary Receipts ("ADRs")- Global Depositary Receipts ("GDRs")- and European Depositary Receipts ("EDRs")) represented by- African issuers that are tied economically to Africa. It may also enter into derivative transactions.

Performance

1 month-1.02% 3 years+3.34%
3 months-1.29% 5 years+2.29%
1 year+22.60% Since inception+1.92%
Data through --

Peer Comparisonvs. Miscellaneous region

 CAFRXCategory
Performance 5-yr return+2.29%+3.00%
Expense ratio3.44%1.75%
Risk 5 year sharpe ratio0.17--
Net assets$3.6M$276.7M
Average market cap$3.8B$2.9B
Average P/E15.512.8
Portfolio turnover12%12%

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Fund Management and Purchase Info

Fund familyCommonwealth Intl Series Tr
Fund manager & tenureRobert Scharar / 6 Years
Minimal initial investment$200.00
Minimum IRA investment--

Holdings

International stock91.67%
Fixed income7.92%
Cash0.39%
U.S. stock0.02%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 7.45%
AFK VanEck Vectors Africa Index ETF7.15%
-- 5.41%
-- 5.18%
-- 5.14%
-- 3.68%
NGE Global X MSCI Nigeria ETF3.59%
-- 3.59%
SRGHY Shoprite Holdings Ltd3.22%
-- 2.60%