Funds Average cumulative return

African Focused Funds Generate Over 30 Percent Return

African focused funds clocked an average compound return of 30.2% for the 12-month period ending June 2013, Novare Investments’ recent survey reveals.

Novare Investments’ second survey focused on Africa (including North Africa) and the funds that give investors access to listed instruments on the continent. However, the special emphasis of the survey is on fund managers that invest in the listed African space outside of South Africa.

Larger funds post stronger returns

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