|Expense Ratio (net)||2.50%|
|Morningstar Risk Rating|
|Last Cap Gain||0.00|
|Inception Date||Apr 28, 2010|
|Average for Category||N/A|
In the last one year, the T. Rowe Price Africa & Middle East Fund (TRAMX) has had a return of -19.5%. The return since the fund's inception in September 2007 is about 0.2%.
The Nile Pan Africa A Fund (NAFAX) invests at least 80% of its portfolio in the stocks of Africa-based companies. The majority of the fund's exposure is in South Africa.
Since its inception in November 2011, the Commonwealth Africa Fund has had a return of -4.3%. Given the poor returns, investors are unwilling to invest in the risks of Africa.