Feet factsheet13 Oct 2015 17:34
Portfolio Comment for September 2015
During September we became fully invested (98.2% of net assets). There were no outright sales in the month but we began a new holding in Tanzania Breweries Limited. The top 5 contributors in the month were Nigerian Breweries, Guinness Nigeria, Unilever Nigeria, Britannia Industries and Grupo Lala. The top 5 detractors were Mr Price Group, Sun Art Retail Group, Hypermarcas, Forus and Spur Corp.
September performance is from 28th August due to the UK bank holiday on Monday 31st August.