Generate high returns by investing in an African focused fund with exposure to a wide portfolio of local currency bonds issued by several African governments and corporates.
The base currency of this fund is US Dollar.
To outperform the return on the MCB 1-5 yr Africa Bond Index by utilising the risk parameters available to the manager such as (and not limited to) currency risk, interest rate risk, and credit risk.The manager creates a diversified portfolio of fixed and floating rate instruments that provide attractive yields and are denominated in a variety of currencies that are expected to appreciate over the long term.
We focus on the available investment opportunities (typically government auctions) and assess the opportunity to secure bonds at attractive yields during these auctions versus the opportunity to transact at an attractive FX rate.
NAV | Repurchase | Issue price | Currency |
---|---|---|---|
10.159 | 10.159 | 10.159 | USD |
NAV | Repurchase | Issue price | Currency |
---|---|---|---|
9.902 | 9.902 | 9.902 | USD |