Africa Alpha Fund is a concentrated 15-30 stock equity portfolio that presents the opportunity to take material positions in small and medium sized companies. Stock selection is based on a disciplined, valuation-driven investment process using a "fair value" methodology. The investment process is driven by detailed, fundamental, bottom-up research conducted in situ in African countries. Valuations and investment decision-making are led by proprietary, in-house research with a strong emphasis on downside risk protection.

Investment process

Geographic Allocation (% of economic footprint)

Sector Allocation (% of sector spread)