Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Bellevue F (Lux) BB African Opportunities I GBP

Ranked 1 out of 6 in - Emerging Markets Other over 12 months
All calculations are in GBP

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.

Elena Ogram

Elena Ogram is a portfolio manager specialising in emerging markets for Bellevue Asset Management. Ogram joined the company in 2007, having previously worked for McKinsey & Co as an engagement manager and Daiwa where she worked as an investment officer for two years. Orgam is co-manager of the Bellevue F (Lux) BB Entrepreneur Asia fund with Paul Chu and Havard Chi, which focuses on small to mid cap Asian emerging market companies. When not in the office, Ogram enjoys the theatre and skiing and holds a degree in Finance from the Owen Graduate School of Management at Vanderbilt University.

Havard Chi

Objective

The fund's investment objective is the achievement of long-term capital growth by investingat 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.

Performance

Emerging Markets Other over : 30/09/2013 - 30/09/2014
  • Rank 1/6 Total Return
  • Rank 1/6 Standard Deviation
  • Rank 1/6 Max Drawdown
Fund Name Return
1 Bellevue F (Lux) BB African Opportunities I GBP

16.3%

2 Renaissance Sub-Saharan C GBP

Currency exposure is hedged

Currency exposure is hedged

4.2%

3 Renaissance Global Em Mkts Yield C GBP

Currency exposure is hedged

Currency exposure is hedged

3.9%

4 Templeton Africa A (acc) GBP

3.4%

5 Fidelity EMEA Acc 1

-3.4%

Fund Name Risk
1 Bellevue F (Lux) BB African Opportunities I GBP

2.2

2 Templeton Africa A (acc) GBP

3.1

3 Renaissance Pan-African A GBP

Currency exposure is hedged

Currency exposure is hedged

3.2

4 Renaissance Global Em Mkts Yield C GBP

Currency exposure is hedged

Currency exposure is hedged

3.2

5 Renaissance Sub-Saharan C GBP

Currency exposure is hedged

Currency exposure is hedged

3.5

Fund Name Loss
1 Bellevue F (Lux) BB African Opportunities I GBP

-2.2%

2 Renaissance Global Em Mkts Yield C GBP

Currency exposure is hedged

Currency exposure is hedged

-8.1%

3 Renaissance Sub-Saharan C GBP

Currency exposure is hedged

Currency exposure is hedged

-9.3%

4 Renaissance Pan-African A GBP

Currency exposure is hedged

Currency exposure is hedged

-10.3%

5 Templeton Africa A (acc) GBP

-10.6%

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 11.6% -0.1% 2.3% 9.2%
2013 7.8% 6.5% -7.1% 4.5% 4.3%
2012 10.4% -2.2% 15.8% -2.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date02/04/2012
  • Base currencyGBP
  • ISIN LU0767971376

Purchase Info

  • Min. initial investment500,000
  • Min. additional investment0

Charges

  • Annual management0.9%

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