Nile Africa, Frontier and Emerging Fund Institutional Class (NAFIX)

11.94
Net Asset Value
+0.67%
1 Day
-8.79%
Year-to-Date
Overall Morningstar Rating
Miscellaneous region
Style or Category
No Load
Sales Expenses
2.68%
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-0.42% 3 years-3.63%
3 months-12.53% 5 years-1.87%
1 year+3.29% Since inception+1.18%
Data through --

Peer Comparisonvs. Miscellaneous region

 NAFIXCategory
Performance 5-yr return-1.87%+3.00%
Expense ratio2.68%1.75%
Risk 5 year sharpe ratio-0.04--
Net assets$12.0M$271.8M
Average market cap$5.5B$24.3B
Average P/E13.513.8
Portfolio turnover87%87%

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Fund Management and Purchase Info

Fund familyNile Capital Investment Trust
Fund manager & tenureLarry Seruma / 8 Years
Minimal initial investment$250,000.00
Minimum IRA investment--

Holdings

International stock92.56%
Cash7.44%
U.S. stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 15.10%
-- 6.99%
-- 6.64%
-- 6.61%
-- 6.37%
-- 6.25%
-- 6.08%
-- 5.42%
-- 4.91%
-- 4.84%