Ashmore Emerging Markets Equity Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.2%
1 yr return
7.2%
3 Yr Avg Return
-7.5%
5 Yr Avg Return
3.7%
Net Assets
$134 M
Holdings in Top 10
36.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.40%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
EMECX - Profile
Distributions
- YTD Total Return 1.2%
- 3 Yr Annualized Total Return -7.5%
- 5 Yr Annualized Total Return 3.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.99%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAshmore Emerging Markets Equity Fund
-
Fund Family NameAshmore Funds
-
Inception DateAug 24, 2012
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryGB
-
ManagerDhiren Shah
Fund Description
• | Market Factors—including the relative attractiveness of the particular Emerging Market Country in comparison to its historic performance and with the performance of other emerging and world markets on the basis of fundamental values (e.g., price/earnings ratio, price/book value ratio, earnings growth, volatility, dividend yield, and debt/equity ratio). |
• | Macro-Economic Factors—including the outlook for currencies, interest rates, commodities, economic growth, inflation, business confidence and scope for private sector initiative. |
• | Political Factors—including the stability of the current government and its perceived attitudes towards foreign investment, private sector initiative and development of the capital markets. |
• | Market Development—the development of the Emerging Market Country relative to developed markets in terms of market capitalization, level of trading activity, sophistication of capital market activities and shareholder protection. |
• | Investment Restrictions—including the level of foreign ownership allowed in the Emerging Market Country, the method of investment allowed (e.g., direct investment or through funds), required holding periods, ability to repatriate earnings and applicable tax regulations. |
EMECX - Performance
Return Ranking - Trailing
Period | EMECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.2% | -11.9% | 9.8% | 47.50% |
1 Yr | 7.2% | -13.6% | 30.1% | 49.26% |
3 Yr | -7.5%* | -24.9% | 7.2% | 59.57% |
5 Yr | 3.7%* | -8.7% | 10.6% | 24.17% |
10 Yr | 2.0%* | -3.1% | 6.1% | 60.96% |
* Annualized
Return Ranking - Calendar
Period | EMECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -6.5% | 35.5% | 46.34% |
2022 | -27.3% | -50.1% | -2.4% | 73.18% |
2021 | -16.3% | -33.1% | 22.5% | 88.64% |
2020 | 26.1% | -22.1% | 80.1% | 22.38% |
2019 | 27.2% | -0.7% | 42.0% | 8.13% |
Total Return Ranking - Trailing
Period | EMECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.2% | -11.9% | 9.8% | 47.50% |
1 Yr | 7.2% | -13.6% | 30.1% | 49.26% |
3 Yr | -7.5%* | -24.9% | 7.2% | 59.57% |
5 Yr | 3.7%* | -8.7% | 10.6% | 24.17% |
10 Yr | 2.0%* | -3.1% | 6.1% | 60.96% |
* Annualized
Total Return Ranking - Calendar
Period | EMECX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.9% | -2.7% | 42.0% | 59.76% |
2022 | -27.0% | -42.2% | 1.9% | 79.89% |
2021 | 3.5% | -32.5% | 33.1% | 28.02% |
2020 | 28.7% | -20.0% | 81.6% | 20.83% |
2019 | 29.5% | 2.3% | 42.0% | 7.66% |
NAV & Total Return History
EMECX - Holdings
Concentration Analysis
EMECX | Category Low | Category High | EMECX % Rank | |
---|---|---|---|---|
Net Assets | 134 M | 682 K | 103 B | 70.41% |
Number of Holdings | 64 | 10 | 7049 | 76.71% |
Net Assets in Top 10 | 29.7 M | 118 K | 19.2 B | 74.70% |
Weighting of Top 10 | 36.94% | 0.7% | 122.2% | 36.60% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 6.11%
- Tencent Holdings Ltd. HKD0.00002 5.99%
- Fomento Economico Mexicano S A B de C V SPON ADR RP 10 UTS(1B2D-B 4.15%
- SK Hynix Inc. KRW5000 3.76%
- HDFC Bank Ltd. SPON ADS EACH REP 3 ORD SHS 3.50%
- Totvs SA COM NPV 3.50%
- Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10 3.45%
- NetEase Inc. SPON ADS EACH REP 25 ORD SH 2.21%
- AIA Group Ltd, Hong Kong NPV 2.20%
- Parade Technologies Ltd. TWD10 2.05%
Asset Allocation
Weighting | Return Low | Return High | EMECX % Rank | |
---|---|---|---|---|
Stocks | 98.14% | 0.00% | 103.65% | 28.51% |
Cash | 1.86% | -2.03% | 99.29% | 49.80% |
Preferred Stocks | 0.00% | 0.00% | 10.09% | 99.60% |
Other | 0.00% | -1.64% | 50.31% | 91.97% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 98.38% |
Bonds | 0.00% | 0.00% | 94.30% | 98.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | EMECX % Rank | |
---|---|---|---|---|
Technology | 29.93% | 0.00% | 47.50% | 12.33% |
Financial Services | 16.01% | 0.00% | 48.86% | 79.67% |
Basic Materials | 11.89% | 0.00% | 30.03% | 14.50% |
Consumer Cyclical | 10.65% | 0.00% | 48.94% | 72.36% |
Communication Services | 10.07% | 0.00% | 39.29% | 35.23% |
Consumer Defense | 7.25% | 0.00% | 25.90% | 32.11% |
Healthcare | 7.03% | 0.00% | 16.53% | 17.62% |
Industrials | 5.23% | 0.00% | 43.53% | 63.55% |
Utilities | 0.99% | 0.00% | 39.12% | 55.28% |
Energy | 0.95% | 0.00% | 24.80% | 84.28% |
Real Estate | 0.00% | 0.00% | 17.15% | 99.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | EMECX % Rank | |
---|---|---|---|---|
Non US | 71.57% | 0.00% | 100.18% | 86.61% |
US | 26.57% | 0.00% | 101.58% | 11.38% |
EMECX - Expenses
Operational Fees
EMECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.40% | 0.03% | 24.48% | 12.77% |
Management Fee | 1.00% | 0.00% | 2.00% | 84.72% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 99.69% |
Administrative Fee | N/A | 0.01% | 0.85% | 7.29% |
Sales Fees
EMECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 98.68% |
Trading Fees
EMECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
EMECX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 189.00% | 74.94% |
EMECX - Distributions
Dividend Yield Analysis
EMECX | Category Low | Category High | EMECX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.13% | 0.00% | 10.29% | 84.47% |
Dividend Distribution Analysis
EMECX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
EMECX | Category Low | Category High | EMECX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.99% | -1.98% | 17.62% | 96.94% |
Capital Gain Distribution Analysis
EMECX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.003 | OrdinaryDividend |
Sep 22, 2023 | $0.002 | OrdinaryDividend |
Jun 23, 2023 | $0.046 | OrdinaryDividend |
Mar 24, 2023 | $0.006 | OrdinaryDividend |
Sep 23, 2022 | $0.011 | OrdinaryDividend |
Jun 23, 2022 | $0.033 | OrdinaryDividend |
Sep 25, 2019 | $0.185 | OrdinaryDividend |
Sep 25, 2018 | $0.028 | OrdinaryDividend |
Jun 26, 2018 | $0.030 | OrdinaryDividend |
Dec 21, 2017 | $0.144 | OrdinaryDividend |
Sep 28, 2017 | $0.054 | OrdinaryDividend |
Jun 22, 2017 | $0.005 | OrdinaryDividend |
EMECX - Fund Manager Analysis
Managers
Dhiren Shah
Start Date
Tenure
Tenure Rank
Nov 01, 2017
4.58
4.6%
Dhiren Shah is the Head of All Cap Equity Investment team of Ashmore Investment Advisors Limited. Prior to joining the firm in 2017, Mr. Shah was with BlackRock Investment Management (UK) Limited (formerly Merrill Lynch Investment Managers). He has been involved in the management of a range of Emerging Markets Equity products for both retail and institutional clients. In recent roles, Mr. Shah also had the responsibility as co-head and head of research for the Global Emerging Markets team at BlackRock. He is a CFA charter holder and gained a 1st in Economics from University College London.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.54 | 13.42 |