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 Africa 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 invest up to 15% of its net assets in illiquid securities. The fund may also enter into derivative transactions.


1 month-2.80% 3 years--
3 months-9.33% 5 years--
1 year-7.00% Since inception+0.27%
Data through --

Peer Comparisonvs. Miscellaneous region

Performance 5-yr return--+5.78%
Expense ratio6.34%1.89%
Risk 5 year sharpe ratio--0.42
Net assets$2.4M$281.8M
Average market cap$3.7B$25.7B
Average P/E12.113.8
Portfolio turnover7%7%

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Fund Management and Purchase Info

Fund familyCommonwealth Intl Series Tr
Fund manager & tenureRobert Scharar / 2 Years
Minimal initial investment$200.00
Minimum IRA investment$200.00


International stock98.33%
Fixed income0.78%
U.S. stock0.20%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AFK Market Vectors® Africa ETF13.94%
EZA iShares MSCI South Africa10.40%
NGE Global X MSCI Nigeria ETF4.98%
SSL Sasol Ltd ADR3.87%
-- Psg Group Ltd3.70%
-- Grindrod Ltd3.58%
-- Clientele Ltd3.38%
-- Discovery Ltd3.36%
-- Steinhoff International Holdings Ltd3.01%
-- Global Telecom Holding SAE GDR2.92%

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