Nile Pan Africa A
Most Recent
Unemployment Remains a Major Concern for South Africa
South Africa’s unemployment rate was as high as 25% in 2015. The high unemployment rate has been a serious issue in the country for several years now.
T. Rowe Price Africa & Middle East Fund: Abysmal 1-Year Returns
In the last one year, the T. Rowe Price Africa & Middle East Fund (TRAMX) has had a return of -19.5%. The return since the fund’s inception in September 2007 is about 0.2%.
The Nile Pan Africa A Fund: Negative Returns for 5 Years
The Nile Pan Africa A Fund (NAFAX) invests at least 80% of its portfolio in the stocks of Africa-based companies. The majority of the fund’s exposure is in South Africa.
The Commonwealth Africa Fund: Consistently Negative Returns
Since its inception in November 2011, the Commonwealth Africa Fund has had a return of -4.3%. Given the poor returns, investors are unwilling to invest in the risks of Africa.
