• About Nile
  • Overview
  • Our Core Values
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• Investing in Africa
  • Why Africa, Why Now?
  • Capital Flows and Remittances
  • Regional Profiles
• Nile Pan Africa Fund
  • Overview
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  • Historical NAV
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Why Africa?  Why Now?

• Africa is the second largest continent by land area and population, behind only Asia. As Africa’s economies keep growing and its standards of living keep rising, high-growth public companies are emerging on the continent. We have the knowledge, experience and process to help you identify and participate in them.
• The African continent is developing its own economic identity and infrastructure, similar to the European Union. Our pan-African perspective identifies multi-national companies based in Africa that are well positioned to grow with cross-border commerce and rising consumer markets.
• Africa is a resource-rich continent with vast mineral reserves. Africa holds an estimated 30% of the world’s mineral reserves including 40% of the gold, 60% of the cobalt, and 90% of the platinum group reserves. According to the National Intelligence Council, 25% of U.S. oil imports will come from Africa by 2015. The largest economies in the world, including the U.S. and China, are looking to Africa for supplies of many valuable and strategic natural resources.
• We believe that exposure to the best public companies in Africa can enhance investors’ overall exposure to emerging markets. Africa remains the least-researched sector in the emerging/frontier markets, and its stock market valuations are relatively attractive.
• Frontier African markets offer a select few attractive public companies that have remained relatively undiscovered. The economics of the African continent are dynamic, and opportunities are constantly emerging. We believe active portfolio management can add significant value by monitoring macro trends, identifying the most attractive companies, and avoiding volatile or high-risk areas.

To learn about the recent trends in private capital flows and remittances to Africa, click here.

© 2010 Nile Capital Management, LLC

Investors should carefully consider the investment objectives, risks, charges and expenses of the Nile Pan Africa Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-877-68-AFRICA. The prospectus should be read carefully before investing. The Nile Pan Africa Fund is distributed by Northern Lights Distributors, LLC.

Mutual Funds involve risk, including possible loss of principal.  Because the Fund will invest the majority of its assets in African companies, it is highly dependent on the state of the African economy and the financial prospects of specific African companies.  Certain African markets are in only the earliest stages of development and may experience political and economic instability, capital market restrictions, unstable governments, weaker economies and less developed legal systems with fewer security holder rights.  Adverse changes in currency exchange rates may erode or reverse any potential gains from the Fund’s investments.  ETF’s are subject to specific risks, depending on the nature of the underlying strategy of the fund. These risks could include liquidity risk, sector risk, as well as risks associated with fixed income securities, real estate investments, and commodities, to name a few.  Non-diversification risk, as the Funds are more vulnerable to events affecting a single issuer.  Investments in underlying funds that own small and mid-capitalization companies may be more vulnerable than larger, more established organizations. The Fund’s exposure to companies primarily engaged in the natural resource markets may subject the Fund to greater volatility than investments in a wider variety of industries.  There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund. In general, the price of a fixed income security falls when interest rates rise. The Fund may invest, directly or indirectly, in "junk bonds.”  Such securities are speculative investments that carry greater risks than higher quality debt securities.

0605-NLD-4/28/2010