EQUITY FUND

Maximize capital appreciation through exposure to listed equities.


The fund seeks to generate maximum total return by investing in a diversified portfolio of securities offering current income and long-term capital growth with a special focus on Large-cap and Mid-cap Equities.

Our portfolio tends to be concentrated by having no more than 12 to 15 positions within our core themes. We believe that a differentiated portfolio will offer differentiated returns and actively seek exposure outside of the more popular names and outside of common themes to realistically offer our investors a chance at true outperformance. We look for simple, predictable, cash generative businesses run by ‘outsider’ managers with skin in the game.

We recommended a minimum investment horizon of 5 years for your capital to experience maximum return impact

Growth of hypothetical USD $1,000 investment from inception

Seeks to invest at least 70% of the portfolio outside Kenya, in companies that derive over 90% of their revenue from Africa, excluding entities that operate primarily in South Africa

Special focus on Large-cap and Mid-cap Equities

Minimums

Units Class Minimum Initial Subscription Amount Minimum Subsequent Subscription Amount Minimum Holding Amount
A > usd 1,000,000 usd 10,000 usd 1,000,000
b USD 500,001 – 1,000,000 usd 10,000 usd 500,000
c USD 250,001 – 500,000 usd 5,000 usd 250,000
d USD 10,000 – 250,000 usd 1,000 usd 10,000

Fees and Expenses

Units Class Initial Charge Annual Management and Advisory Fee Redemption Charge
Nabo Capital Africa Equity A 1.00% 2.00% Nil
Nabo Capital Africa Equity b 1.25% 2.25% 0.25%
Nabo Capital Africa Equity c 1.50% 2.50% 0.25%
Nabo Capital Africa Equity d 2.00% 2.75% 0.25%

Performance Fees:

Applicable Units Classes Performance Fee Performance Fee Hurdle Rate
All 15% 15%