Allan Gray Africa Equity Fund
The Fund invests in a focused portfolio of companies with significant business interests in Africa, regardless of the location of the stock exchange listing. The Fund price is reported in US dollars but the underlying holdings are denominated in various currencies. Returns are likely to be volatile.
Fund objective and benchmark
The Fund aims to outperform African equity markets over the long term without taking on greater risk of loss. The Fund’s benchmark is the MSCI Emerging and Frontier Markets Africa Index (total returns).
Suitable for those investors who:
- Seek exposure to African equities
- Are comfortable with stock market and currency fluctuations
- Are prepared to take on the risk of capital loss
- Typically have an investment horizon of more than five years
The Fund is not available to South African residents.
LATEST FUND PRICE
A small percentage of the foreign component of our Balanced and Stable Funds is invested in Africa and investors looking for greater exposure to the region c...
When the Allan Gray Africa Equity Fund (the Fund) was launched on 1 July 1998 it was the first unitised product in which Allan Gray Proprietary Limited was...