29
May
2017
Africa, News
Changes in fund rules complete

As of May 29th Tundra Nigeria & Sub-Sahara Fund has changed its name to Tundra Frontier Afirca Fund and updated fund rules.

The current statue that at least 51% of the fund’s asset must be invested in Nigeria will be removed, and the fund can invest all over Africa. Focus will remain de less developed markets in Sub-Sahara. Egypt, which after the devaluation last November has become on of the most exciting markets on the continent, will also become a large part of the portfolio.

More background information can be found here.

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