Commonwealth Africa Fund (CAFRX)
Commonwealth Africa Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $12.38, down 1.43% on the session, giving a market capitalisation of $9.2M. On trailing twelve-month figures it carries a trailing P/E of -2098.31, a net margin of -0.5%. Its beta of 0.93 implies it has historically moved less than the broad market.
Under normal market conditions, the fund invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, African issuers that are tied economically to Africa.
Commonwealth Africa Fund is most often compared with the following Financial Services names: