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

Net Asset Value
1 Day
Overall Morningstar Rating
Miscellaneous region
Style or Category
Sales Expenses
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.


1 month+4.45% 3 years-4.40%
3 months+5.63% 5 years+0.46%
1 year+12.75% Since inception+2.93%
Data through --

Peer Comparisonvs. Miscellaneous region

Performance 5-yr return+0.46%+3.00%
Expense ratio2.93%1.80%
Risk 5 year sharpe ratio-0.01--
Net assets$13.2M$286.3M
Average market cap$1.7B$25.5B
Average P/E12.815.7
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--


International stock99.15%
U.S. stock0.00%
Fixed income0.00%
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
-- 16.80%
-- 13.97%
-- 10.09%
-- 7.43%
-- 6.51%
-- 6.15%
-- 4.94%
-- 4.56%
-- 4.25%
-- 4.15%