BREXITS Africa Fund

Investment objective summary

The Fund aims to provide a total return over the long term taking cognisance of downside risks

The Fund invests in African (excluding South Africa) equity securities and can also include non-equity securities, for example fixed interest instruments. The composition of the portfolio will always consist of a selection of financially sound ordinary shares and non-equity securities which are considered consistent with the portfolio’s investment objectives, and cash

Investment may also be made in derivatives (financial contracts whose value is linked to the price of an underlying asset) and other eligible securities not listed on a recognised stock exchange

Fund features

Offers focused exposure to African markets, excluding South Africa

May hold both fixed income and equity instruments