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.

10
Jan
2019
Africa, Monthly updates, News
MONTHLY COMMENT FRONTIER AFRICA – DECEMBER 2018

THE FUND: The fund lost 2% in December, outperforming the benchmark, MSCI EFM Africa ex South Africa Net Total Return Index which decreased 3.3%. After a strong start in 2018…

Read more...

10
Jan
2019
Africa, Monthly data, News
MONTHLY DATA FRONTIER AFRICA – DECEMBER 2018

SEK: Monthly Data Tundra Frontier Africa_ENG_2018-12 EUR: Monthly Data Tundra Frontier Africa_USD_2018-12 USD: Monthly Data Tundra Frontier Africa_EUR_2018-12

Read more...

6
Dec
2018
Africa, Monthly data, News
MONTHLY DATA FRONTIER AFRICA – NOVEMBER 2018

SEK: Monthly Data Tundra Frontier Africa_ENG_2018-11 EUR: Monthly Data Tundra Frontier Africa_EUR_2018-11 USD: Monthly Data Tundra Frontier Africa_USD_2018-11

Read more...

Fund Nav Currency 1D % 3M % YTD % 1Y % 3Y % START Date
Tundra Frontier Africa A 64.5 SEK -0.5 -3.3 -1.4 -14.7 8.6 -35.5 18 Jan 2019

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.

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.

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