Nile Pan Africa Fund Class A (NAFAX)
| 14.82 Net Asset Value | -0.13% 1 Day | +0.34% Year-to-Date | Overall Morningstar Rating |
| Miscellaneous region Style or Category | 5.75 Sales Expenses | 2.96% Expense Ratio | -- Morningstar Risk Rating™ |
Investment Objective The investment seeks to provide long term total return.
Under normal circumstances, the fund seeks to achieve its investment objective by investing opportunistically in a focused portfolio of investments in the equity, fixed income, cash and cash equivalent asset classes. It will invest in fixed income securities without restriction as to capitalization, credit quality or maturity. The fund may invest in fixed income securities that are sometimes referred to as "high yield" or "junk" bonds. It is non-diversified.
Performance
| 1 month | +0.88% | 3 years | +10.34% | |
| 3 months | +0.61% | 5 years | -- | |
| 1 year | +9.55% | Since inception | +11.38% |
Data through --
Peer Comparisonvs. Miscellaneous region
| NAFAX | Category | |
|---|---|---|
| Performance 5-yr return | -- | +10.99% |
| Expense ratio | 2.96% | 1.90% |
| Risk 5 year sharpe ratio | -- | 0.66 |
| Net assets | $45.9M | $301.5M |
| Average market cap | $2.3B | $26.0B |
| Average P/E | 17.6 | 14.5 |
| Portfolio turnover | 113% | 113% |
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Fund Management and Purchase Info
| Fund family | Nile Capital Investment Trust |
| Fund manager & tenure | Larry Seruma / 4 Years |
| Minimal initial investment | $1,000.00 |
| Minimum IRA investment | $1,000.00 |
Holdings
| International stock | 93.55% |
| Fixed income | 6.29% |
| Cash | 0.16% |
| U.S. stock | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Industrial materials | 37.67% |
| Financial service | 22.61% |
| Energy | 14.44% |
| Telecommunication | 5.91% |
| Consumer service | 5.81% |
Top 10 HoldingsPortfolio weighting
| -- Mtn Group Ltd | 4.48% |
| -- Consolidated Infrastructure Group Ltd | 4.38% |
| -- Tiger Brands Ltd | 3.95% |
| -- African Bank Investments Ltd | 3.89% |
| -- Massmart Holdings Ltd | 3.82% |
| -- Old Mutual PLC | 3.72% |
| -- Dangote Cement PLC | 3.61% |
| -- Uac Of Nigeria PLC | 3.43% |
| -- Anglo American PLC | 3.41% |
| -- Mota-Engil | 3.39% |
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