The Momentum Africa Equity Fund is a foreign varied specialist equity portfolio.
The portfolio will endeavour to provide investors with medium to long-term capital appreciation found through investing in growing African economics.
In order to achieve this objective, the assets normally included in the portfolio will consist mainly of listed equity securities on recognised stock exchanges within Africa. The South African exposure within the portfolio will have a maximum exposure limit of 15%. The portfolio may also include listed equity securities on other exchanges, where such companies have their financial exposure to Africa. The portfolio will aim to have a minimum equity exposure of 85% at all times.
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© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
