Wednesday, January 9, 2013

Africa focused Nile Pan Africa Fund tops 542 funds in emerging markets Category

Larry Seruma, founder and Chief Investment Officer of Nile Capital Management LLC

(Business Wire) -- Nile Capital Management LLC is proud to announce that its flagship fund, the Nile Pan Africa Fund (NAFAX) finished #1, according to Morningstar, for 1 Year Total Return in the Diversified Emerging Markets Category, out of 542 other funds for the year ended December 31, 2012.

Nile’s Chief Investment Officer Larry Seruma commented, “Most investors have zero exposure to Africa. We

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