Frontier Africa

“Africa is home to nearly 1.2 billion people with an average age of 20. By the year 2050, the number of inhabitants will have doubled, driving demand for consumer goods as well as infrastructure.”

Africa has undergone tremendous changes over the past 15-20 years, characterised by rapid economic growth, democratic elections, foreign direct investment, and a strong entrepreneurial spirit. The international image of the continent has not kept pace with its swift development. Contrary to our view, most other fund managers consider its stock markets to be too small and too difficult to effectively engage with. We believe in the long-term potential of the continent’s less developed markets with Sub-Saharan Africa as a focus area for the fund, alongside Egypt. The latter after the devaluation in November 2016 has become one of Africa’s most exciting investment cases.

6
Aug
2019
Africa, Monthly updates, News
MONTHLY COMMENT FRONTIER AFRICA – JULY 2019
THE FUND The fund fell 1.9% in July, worse than the benchmark index MSCI EFM Africa ex South Africa Net Total Return Index, which rose 1.1%. So far this year,...
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6
Aug
2019
Africa, Monthly data, News
MONTHLY DATA FRONTIER AFRICA – JULY 2019

SEK:  Monthly Data Tundra Frontier Africa_ENG_2019-07 EUR: Monthly Data Tundra Frontier Africa_EUR_2019-07 USD: Monthly Data Tundra Frontier Africa_USD_2019-07

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4
Jul
2019
Africa, Monthly updates, News
MONTHLY COMMENT FRONTIER AFRICA – JUNE 2019
THE FUND The fund fell 1.9% in June, worse than the benchmark index MSCI EFM Africa ex South Africa Net Total Return Index, which fell 0.3%. So far this year,...
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Fund Nav Currency 1D % 3M % YTD % 1Y % 3Y % START Date
Tundra Frontier Africa A 69.41 SEK 1.2 -2.3 6.1 -4.5 41.7 -30.6 23 Aug 2019

Risk information

Capital invested in a fund may either increase or decrease in value and it is not certain that you will be able to recover all of your investment. Historical return is no guarantee of future return.

DOCUMENTS

Monthly data

Annual and semi-annual reports

Please see the Full Prospectus for information on risks and possibilities of investments in unlisted companies. 

FACTS

Launch date: 20 May 2013
Management fee (ann): 2.5%
Entry fee/Exit fee: 0%/0%
Risk level: see KIID for details
Manager: Mathias Althoff
Benchmark index: MSCI EFM Africa ex SA Net TR Index
Bank account: SEB 5851-1101667
ISIN: SE0005188091
PPM: 878223

PORTFOLIO MANAGER

Mathias Althoff
mathias.althoff@tundrafonder.se

MONTHLY UPDATES

We publish a monthly comments on fund performance and market developments. Subscribe here.
Read the latest update as well as older editions in the archive.

*Sub-Saharan Africa includes Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo-Brazzaville, Democratic Republic of the Congo, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, São Tomé and Príncipe, Senegal, Seychelles, Sierra Leone, South Africa, South Sudan, Swaziland, Tanzania, Togo, Uganda, Zambia and Zimbabwe.

The Full Prospectus, KIID etc. are available here. You can also contact us to receive the documents free of charge.

Please contact us if you require any further information:+46 8-55 11 45 70