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

13.14
Net Asset Value
-1.28%
1 Day
+1.62%
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-4.30% 3 years-1.21%
3 months-7.46% 5 years-0.39%
1 year+17.01% Since inception+4.79%
Data through --

Peer Comparisonvs. Miscellaneous region

 NAFAXCategory
Performance 5-yr return-0.39%+3.00%
Expense ratio2.93%1.75%
Risk 5 year sharpe ratio0.04--
Net assets$14.0M$276.7M
Average market cap$8.0B$2.9B
Average P/E14.212.8
Portfolio turnover72%72%

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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 stock95.28%
Cash4.72%
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
-- 20.97%
-- 8.14%
-- 7.05%
-- 6.55%
-- 6.52%
-- 5.79%
-- 5.46%
-- 5.40%
-- 4.91%
-- 4.79%