Past performance

Past performance is not a guarantee of future returns. The price of the investment may go up or down and an investor may not get back the amount originally invested.

Coeli Frontier Markets

On the frontier of equity markets

The fund aims to achieve long-term capital growth by investing in companies within the global Frontier Markets universe. The strategy combines top-down country assessment with bottom-up stock selection to seek out high quality companies. Key selection criteria are sound underlying business fundamentals, prudent management with strong integrity, high return on capital and well-positioned to take advantage of the on-going structural changes in the Frontier Markets.

Fund Overview

Inception Date

2014-02-28 (fully operational 2014-05-30*)

Portfolio Managers

Hans-Henrik Skov & James Bannan

Investment universe

Global frontier markets equity fund

Minimum investment

(I EUR) = 1 000 000 EUR

Investment management fee

(I EUR) = 1.25 % p.a. + 10% Performance fee (MSCI Frontier Markets Index (USD))

Subscription/redemption fee




Swing factor

1.50% (as of 2020-09-30)


*The fund was first 100% invested and fully operational from 2014-05-30. Delayed access in a number of markets resulted in abnormally high cash levels being uninvested, averaging 30% from March till May. The maximum range is from 2014-05-30 as this is an applicable start date.

Portfolio Managers

Hans-Henrik Skov

James Bannan

Hem Our funds Equity funds Coeli Frontier Markets