Investing in Africa

david236

I'm just starting to look at this and wonder if anyone else has gone down the same path and found some interesting funds?

Thanks

David

JoeCrystal

Investing in Africa is... risky.

Nevertheless, there are funds but not that many. There is Investec Africa & Middle East I believe but not sure what else there is.

I am planning to follow the same path but through shares instead... which will be... fun!

fairleads

david236 wrote: »

I'm just starting to look at this and wonder if anyone else has gone down the same path and found some interesting funds?

Thanks

David

Interesting is that Barclays bank owns 51% of Absa, South Africa's second largest bank.

worldtraveller

I've recently made an investment in the Neptune Africa Fund as I wanted a fund specific to that continent, as opposed to a fund that only included it as a part. That said, like most exposure to Africa, it's very heavy into the South Africa market (about 80%). It only launched about a year ago, so there's not a lot of performance figures available yet.

Thrugelmir

Buy some Glencore shares.

ses6jwg

kurdistan or egyptian funds u want

xx_Law_Grad_xx

worldtraveller wrote: »

I've recently made an investment in the Neptune Africa Fund as I wanted a fund specific to that continent, as opposed to a fund that only included it as a part. That said, like most exposure to Africa, it's very heavy into the South Africa market (about 80%). It only launched about a year ago, so there's not a lot of performance figures available yet.

How did you go about investing in the Neptune Africa fund as it is not available to me on Interactive Investor?

As mentioned there is Investec Africa and Middle East. There is also Templeton Frontier Markets run by Dr Mark Mobius.

worldtraveller

xx_Law_Grad_xx wrote: »

How did you go about investing in the Neptune Africa fund as it is not available to me on Interactive Investor?

I did it through Fidelity as part of a stocks & shares ISA.