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

9.66
Net Asset Value
+0.21%
1 Day
-8.95%
Year-to-Date
Overall Morningstar Rating
Miscellaneous region
Style or Category
5.75
Sales Expenses
2.50%
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-7.47% 3 years-11.39%
3 months+7.33% 5 years-2.37%
1 year-28.86% Since inception+2.25%
Data through --

Peer Comparisonvs. Miscellaneous region

 NAFAXCategory
Performance 5-yr return-2.37%+3.00%
Expense ratio2.50%1.78%
Risk 5 year sharpe ratio0.00--
Net assets$19.4M$192.7M
Average market cap$957.9M$22.7B
Average P/E12.414.4
Portfolio turnover151%151%

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Fund Management and Purchase Info

Fund familyNile Capital Investment Trust
Fund manager & tenureLarry Seruma / 6 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

International stock101.11%
Fixed income0.29%
U.S. stock0.00%
Cash0.00%
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
-- 9.90%
-- 8.89%
-- 8.73%
-- 6.50%
UEPS Net 1 UEPS Technologies Inc6.08%
-- 6.06%
-- 5.45%
-- 4.62%
-- 4.53%
-- 4.48%

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