Qantara African Sovereign Bonds
Pioneer in the world of funds specializing in African sovereign bonds in hard currencies,Qantara African Sovereign Bonds offers diversification and exposure to African economic transformation with controlled risk.
Qantara African Sovereign Bonds is a UCITS fund whose investment universe is made of Eurobonds issued by African States and supranational entities.
The fund's investment process incorporates top-down analysis, bottom-up selection based on cutting-edge fundamental research and an extra-financial (ESG) approach specific to the African continent.
Objective of the fund: To outperform the JPM's EMBI GD AFRICA index throughout the cycle thanks to active management and high convictions without being constrained by its benchmark index.
Features
Legal form
Mutual fund
AMF category
International bonds and/or debt securities
SFDR category
Article 8
ISIN code Share I (EUR)
FR001400FLB3
ISIN code Share R (EUR)
FR001400FLC1
ISIN code Share ID (USD)
FR001400FLD9
ISIN code Share RD (USD)
FR001400FLE7
Asset class
Emerging bonds
Geographic zone
Africa
Benchmark index
JPM©’s EMBI GD AFRICA
Valuation frequency
Weekly
Inception date
22/12/2023
Allocation of results
Capitalisation
Custodian
CACEIS BANK
Management fees
1% (I-Share I) 1.5% (R-Share)
Front-end load
4% maximum
Exit fees
None
Performance fees
None
Minimum subscription
100 000 € or 100 000$
The market for African sovereign Eurobonds
Domestic markets in Africa do not always have the necessary depth to absorb the large financing needs of States. Since the end of the 2008 financial crisis, the latter have increased their issues on international markets. This asset class has now reached a critical size of approximately $200 billion (sovereigns and supranationals).