Nile Africa, Frontier and Emerging Fund Class A (NAFAX)

13.92
Net Asset Value
+1.38%
1 Day
+7.66%
Year-to-Date
Overall Morningstar Rating
Miscellaneous region
Style or Category
5.75
Sales Expenses
2.93%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long term total return. Under normal market conditions- the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in African- Frontier or Emerging market companies- securities issued by or guaranteed by African- Frontier or Emerging market governments- their agencies and instrumentalities- and African- Frontier or Emerging market multi-national organizations. It is non-diversified.

Performance

1 month-1.49% 3 years+1.03%
3 months+14.57% 5 years+0.61%
1 year+16.58% Since inception+5.08%
Data through --

Peer Comparisonvs. Miscellaneous region

 NAFAXCategory
Performance 5-yr return+0.61%+3.00%
Expense ratio2.93%1.77%
Risk 5 year sharpe ratio0.09--
Net assets$14.6M$299.5M
Average market cap$7.1B$2.6B
Average P/E14.213.5
Portfolio turnover72%72%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyNile Capital Investment Trust
Fund manager & tenureLarry Seruma / 7 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

International stock95.19%
Cash4.81%
U.S. stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 37.67%
Financial service 22.61%
Energy 14.44%
Telecommunication 5.91%
Consumer service 5.81%
Top 10 Holdings
Portfolio weighting
-- 21.28%
-- 8.18%
-- 8.05%
-- 5.44%
-- 4.91%
-- 4.88%
-- 4.83%
-- 4.77%
-- 4.76%
-- 4.66%