Pan-African Strategies

Our African Market Leaders and Africa Total Return strategies, offered via private placement, are implemented through share
classes of IPRO Funds Ltd, a multi-share class offshore umbrella fund structure. IPRO Funds Ltd is authorized by the FSC to
operate as a Collective Investment Scheme (CIS).

African Market Leaders

Inception: July 2008
Asset Class: Pan-African listed equities, long only
Base Currency: USD

The African Market Leaders strategy aims to achieve long term capital growth by investing in shares of companies that derive the overwhelming part of their revenues from the African continent and that, in our opinion, are or are expected to be future leaders in their industry. Most investee companies are listed on African stock exchanges.

The strategy follows a thematic bottom-up approach.

July 2019 Factsheet

Africa Total Return

Inception: May 2014
Asset Class: Pan-African listed fixed income (local instruments & eurobonds), long only
Base Currency: USD

The Africa Total Return strategy aims to achieve steady income and capital growth by investing in local and hard currency bonds and money market instruments of African sovereign and corporate issuers.

The strategy is benchmarked at rolling 1 month $ Libor +5.00% per annum, and aims to generate positive risk-adjusted returns for investors in all market environments.

July 2019 Factsheet

Related sites: