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Commonwealth Africa Fund (CAFRX)

Net Asset Value
1 Day
Overall Morningstar Rating
Miscellaneous region
Style or Category
No Load
Sales Expenses
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.


1 month+8.73% 3 years+5.58%
3 months+18.08% 5 years+1.92%
1 year+32.59% Since inception+1.98%
Data through --

Peer Comparisonvs. Miscellaneous region

Performance 5-yr return+1.92%+3.00%
Expense ratio4.09%1.80%
Risk 5 year sharpe ratio0.12--
Net assets$3.4M$293.9M
Average market cap$3.4B$2.6B
Average P/E10.612.3
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--


International stock93.06%
Fixed income0.49%
U.S. stock0.03%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AFK VanEck Vectors Africa Index ETF8.51%
-- 7.38%
-- 6.92%
-- 6.87%
-- 6.32%
NGE Global X MSCI Nigeria ETF3.94%
-- 3.83%
-- 3.63%
SRGHY Shoprite Holdings Ltd3.02%
-- 2.29%