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Bellevue F (Lux) BB African Opportunities B EUR

Ranked 4 out of 12 in - Africa over 12 months
All calculations are in GBP unless stated

Managed by

Malek Bou-Diab

Malek Bou-Diab is a portfolio manager at Bellevue Asset Management and co-manages the Bellevue F (Lux) BB African Opportunities fund alongside Elena Ogram and Havard Chi. The fund focuses on stocks from companies based in the emerging African markets, and the team follow a defensive growth strategy in managing the fund, rotating the portfolio when market cycle changes are identified. Bou-Diab worked as a quantitative analyst at Deutsche Bank for two years, later joining Julius Baer and Co where he was a portfolio manager, before moving to Bellevue in 2009. Outside of fund management, Bou-Diab enjoys skiing and mountain climbing, and holds a PhD in Physics from ETH Zurich.

Andy Gboka

Objective

The fund's investment objective is the achievement of long-term capital growth by investing at least two thirds of its in a portfolio of carefully chosen shares and other equities of companies, who have their registered office or carry out the majority of their economic activity in African countries including the Gulf Cooperation Council countries.

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Performance

Africa over : 31/08/2015 - 31/08/2016
  • Rank 4/12 Total Return
  • Rank 5/12 Standard Deviation
  • Rank 1/12 Max Drawdown
Fund Name Currency Return
2 Julius Baer EF Africa Focus-EUR B GBP

15.0%
3 Old Mutual Pan African A USD Acc GBP

10.9%
4 Bellevue F (Lux) BB African Opportunities B EUR GBP

10.7%
5 Charlemagne Magna Africa G GBP GBP

9.0%
6 Alquity SICAV-Alquity Africa I USD GBP

7.9%
View full league table
Fund Name Currency Risk
3 Templeton Africa A (acc) USD GBP

12.0
4 Silk - African Lions Fund R GBP

12.4
5 Bellevue F (Lux) BB African Opportunities B EUR GBP

14.6
6 Deutsche Invest I Africa LC GBP

14.8
7 Julius Baer EF Africa Focus-EUR B GBP

17.2
View full league table
Fund Name Currency Loss
1 Bellevue F (Lux) BB African Opportunities B EUR GBP

-5.5%
2 Deutsche Invest I Africa LC GBP

-5.8%
3 Alquity SICAV-Alquity Africa I USD GBP

-9.0%
4 Imara African Opportunities Fund Limited GBP

-9.6%
5 Old Mutual Pan African A USD Acc GBP

-10.5%
View full league table

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 4.1% 7.3%
2015 -18.1% 2.2% -7.4% -11.0% -2.6%
2014 3.8% -0.3% 2.1% 9.0% -6.5%
2013 7.0% 6.3% -7.2% 4.3% 4.1%
2012 24.1% 13.3% -2.6% 15.6% -2.8%
2011 -26.7% -10.2% -1.5% -18.5% 1.7%
2010 27.9% 20.3% -7.5% 4.3% 10.2%
2009 12.9% 1.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2016

Top 10 Holdings

Stock Size
Naspers Ltd ORD 5.48
Old Mutual PLC ORD 4.51
El Sewedy Electric Co SAE ORD 4.46
Commercial International Bank Egypt SAE DR 3.93
Tullow Oil PLC ORD 3.91
Douja Promotion Groupe Addoha SA ORD 3.86
Lesieur Ste SA ORD 3.34
ARM Cement Ltd ORD 3.23
Housing and Development Bank SAE ORD 2.90
Credit Agricole Egypt SAE ORD 2.85
30/06/2016

Registered For Sale In

  1. Austria
  2. Germany
  3. Luxembourg
  4. Spain
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date30/06/2009
  • Share Class size78Mn
  • Base currencyEUR
  • ISIN LU0433847240

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.60%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).