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Magna MENA R EUR

Ranked 7 out of 17 in - Middle East & North Africa over 12 months
All calculations are in EUR unless stated

Managed by

Dominic Bokor-Ingram

Dominic Bokor-Ingram joined Charlemagne Capital in 2013, with responsibility for the OAKS Emerging and Frontier Opportunities Fund and the Magna New Frontiers Fund. He previously held a series of senior positions at Morgan Stanley, Goldman Sachs and Renaissance Capital. He began his career in financial services in 1989, specializing in emerging markets from 1992. Between 1995 and 2002 he worked for Regent Pacific, from which Charlemagne Capital was demerged. He is an economics graduate of the University of Exeter.

Stefan Böttcher

Stefan Böttcher joined Charlemagne Capital in 2001 as head of the portfolio advisory team, overseeing a marked growth in assets and resources. In 2009 he moved on to build Charlemagne’s frontier markets business. Prior to Charlemagne, he worked at Schroders where he was an executive director and head of emerging markets. He was previously at Flemings, where he set up and managed the emerging European desk. He holds a degree in Business and Administration from the Fachhochschule der Deutschen Bundesbank.

Objective

The Investment Objective of the Fund is to achieve capital growth by investing in the securities of the MENA (Middle East and North Africa) region. The MENA region presents significant opportunities to investors, as capital markets widen and deepen over time in an economically diverse area New vehicle, UCITS III structure with daily trading.

Showing fund performance in Luxembourg View performance globally

Performance

Middle East & North Africa over : 30/09/2017 - 30/09/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 9.4% 5.4% -6.2%
2017 10.9% 7.5% 5.3% -1.9% -0.2%
2016 16.1% -6.0% 11.5% -7.1% 19.2%
2015 12.0% 18.2% 4.8% -8.0% -1.7%
2014 39.4% 18.4% 2.8% 28.5% -10.9%
2013 36.0% 11.7% 6.1% 6.8% 7.5%
2012 6.1% 10.6% -3.8% 1.9% -2.2%
2011 -0.1% -2.4% 5.9%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2018

Top 10 Holdings

Stock Size
EUR Cash 12.74%
Human Soft Holding Company KSCP ORD 9.79%
EMIRATE/MERRILL 7.51%
NMC Health PLC ORD 6.00%
National Bank of Kuwait SAKP ORD 5.50%
National commercial bank/morgan stanley promisary note 2.43%
JP Morgan Structured Product BV/Samba Financial Group SJSC Participatory Note 2.42%
Deutsche Bank AG/Al Rajhi Banking & Investment Corporation SJSC Participatory Note 2.24%
Deutsche Bank AG/Al Tayyar Travel Group Holding Company SJSC Participatory Note 2.10%
JP Morgan Structured Product BV/Arab National Bank Participatory Note 2.02%
31/08/2018

Registered For Sale In

  1. Austria
  2. Denmark
  3. Finland
  4. France
  5. Germany
  6. Ireland
  7. Luxembourg
  8. Netherlands
  9. Spain
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date22/02/2011
  • Share Class size29Mn
  • Base currencyEUR
  • ISIN IE00B3NMJY03

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0

Charges

  • Annual management1.95%
  • Initial investment1.95%

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