Laurium Africa USD Bond Feeder Fund

Fund Performance (net of fees)

As of 31 Aug 2023

{"dataCategories":["August 2023","Year to Date","Rolling 12 months","Annualised return
since inception"],"title":"Fund Performance (Net of fees)", "data":[{"title":"Fund","value":["3.2%","14.2%","18.5%","6.6%"]},{"title":"Benchmark","value":["1.0%","13.0%","18.8%","5.4%"]}]}

Growth of R100 investment at inception

As of 31 Aug 2023

{"dateLine":"Date;2019/11/30;2019/12/31;2020/01/31;2020/02/28;2020/03/31;2020/04/30;2020/05/31;2020/06/30;2020/07/31;2020/08/31;2020/09/30;2020/10/31;2020/11/30;2020/12/31;2021/01/31;2021/02/28;2021/03/31;2021/04/30;2021/05/31;2021/06/30;2021/07/31;2021/08/31;2021/09/30;2021/10/31;2021/11/30;2021/12/31;2022/01/31;2022/02/28;2022/03/31;2022/04/30;2022/05/31;2022/06/30;2022/07/31;2022/08/31;2022/09/30;2022/10/31;2022/11/30;2022/12/31;2023/01/31;2023/02/28;2023/03/31;2023/04/30;2023/05/31;2023/06/30;2023/07/31;2023/08/31","dataCategories":[],"title":"","data":[{"title":"Fund","value":["100","98","106","109","105","110","112","116","114","116","113","112","113","112","114","112","108","108","106","110","112","114","117","116","119","121","116","111","105","109","106","101","98","107","104","108","111","111","119","123","113","115","128","126","123","127"]},{"title":"Standard Bank Africa ex-SA Bond Index (ZAR)","value":["100","99","107","111","94","102","109","117","115","118","112","112","114","113","117","115","109","112","108","112","115","116","119","117","117","121","115","109","106","107","103","95","98","103","100","103","108","108","114","118","105","107","121","122","121","122"]}]}

Risk-return scatter-plot

As of 31 Aug 2023

{"title":"Risk-return scatter-plot (since inception, Aug 2008)","xLabel":"Standard Deviation","xLabelMin":"Std Dev","yLabel":"CAGR","data":[{"name":"Laurium Aggressive","data":[["15.9%","15.3%"]]},{"name":"Cash","data":[["0.3%","6.3%"]]},{"name":"Inflation","data":[["1.4%","4.7%"]]},{"name":"Equity","data":[["13.6%","9.8%"]]}]}

CAGR

Compound annual growth rate

Standard Deviation

Measures the absolute variability of a distribution; the higher the dispersion or variability, the greater is the standard deviation and greater will be the magnitude of the deviation of the value from their mean.

Cash (STeFI)

The STeFI (Alexander Forbes Short Term Fixed Interest Index) is a recognised benchmark of the returns earned in the South African money market.

Inflation (CPI)

The monthly change in the SA consumer price index (CPI)

Equity (JALSH TR)

JSE FTSE ALL SHARE INDEX

Top 10 Fund Holdings (% of fund)

As of 31 Aug 2023

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Asset Allocation

As of 31 Aug 2023

{"dateTitle":"Asset Allocation","title":"August 2023","data":[{"title":"USD eurobonds","value":"95.7%"},{"title":"Cash","value":"4.3%"},{"title":"Local FX bonds","value":"0.0%"},{"title":"","value":""},{"title":"","value":""},{"title":"{{aaa6-label}}","value":"{{aaa6-total}}"},{"title":"{{aaa7-label}}","value":"{{aaa7-total}}"},{"title":"{{aaa8-label}}","value":"{{aaa8-total}}"}]}

USD eurobonds

95.7%
Cash

4.3%
Local FX bonds

0.0%

Country Exposure

As of 31 Aug 2023

{"dateTitle":"Country Exposure","title":"August 2023","data":[{"title":"Nigeria","value":"14.3%"},{"title":"Kenya","value":"13.0%"},{"title":"Ghana","value":"12.9%"},{"title":"Angola","value":"11.4%"},{"title":"Egypt","value":"11.3%"},{"title":"Cote d'Ivoire","value":"6.8%"},{"title":"Senegal","value":"5.8%"},{"title":"Morocco","value":"4.6%"},{"title":"Rwanda","value":"4.4%"},{"title":"Mozambique","value":"3.8%"}]}

Nigeria

14.3%
Kenya

13.0%
Ghana

12.9%
Angola

11.4%
Egypt

11.3%
Cote d'Ivoire

6.8%
Senegal

5.8%
Morocco

4.6%
Rwanda

4.4%
Mozambique

3.8%

LAURIUM AFRICA USD BOND FEEDER FUND

Fund Details

LAURIUM AFRICA FUNDS

Fund Facts

Fund Performance (net of fees)

Growth of R100 investment at inception

Risk-return scatter-plot

Top 10 Fund Holdings (% of fund)

Asset Allocation

Country Exposure