Fund strategy
To achieve income by investing at least two-thirds of the Funds assets in Debt and Debt-Related Securities which are (i) issued by governments or government related bodies domiciled in a Frontier Debt Market and/or issued by corporations (including holding companies of such corporations) with their registered office in a Frontier Debt Market; and/or (ii) denominated in the currency of a Frontier Debt Market as at the date of investment. The Fund is actively managed. The Fund does not have a benchmark used as a reference for portfolio construction. The NEXGEM Index (USD) is used as a basis for setting risk constraints.
Performance
Fees and Expenses
Total Returns
Fund's details
Geographical Distribution
Fund's portfolio distribution among the different geographical areas.
| Others | 55,10% | |
| Nigeria | 8,50% | |
| Angola | 8,50% | |
| Ecuador | 4,30% | |
| Cameroon | 4,30% | |
| Senegal | 4,10% | |
| Gabon | 4,00% | |
| Mozambique | 4,00% | |
| Zambia | 4,00% | |
| Cash | 3,10% |
By investments
Fund's investments distribution.
| Cameroon (govt Of) 5.95% 2032 | 4,40% |
| Mozambique International 5% 2031 | 4,20% |
| Angolan (govt Of) 8.25% 2028 | 4,00% |
| Senegal (govt Of) 6.75% 2048 | 3,80% |
| Icbc Stanbank 11% 2026 | 3,80% |
| Ecuador (govt Of) 5% 2030 | 3,50% |
| Kenya (govt Of) 8.25% 2048 | 3,10% |
| Zambia (govt Of) 8.97% 2027 | 2,90% |
| Angola (govt Of) 8% 2029 | 2,80% |
| Iraq (govt Of) 5.8% 2028 | 2,70% |
By sector
Fund's possitions distribution by the sdctor they belong to.
| Government | 80,10% |
| Others | 4,70% |
| Cash | 3,10% |
| Telecommunication Services | 2,90% |
| Financials | 2,70% |
| Energy | 2,30% |
| Quasi Sovereigns | 1,90% |
| Materials | 1,20% |
| Utilities | 1,10% |
