Ashmore Emerging Markets Equity ESG Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.8%
1 yr return
7.3%
3 Yr Avg Return
-7.5%
5 Yr Avg Return
N/A
Net Assets
$11.5 M
Holdings in Top 10
41.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.14%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ESIGX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return -7.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.35%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAshmore Emerging Markets Equity ESG Fund
-
Fund Family NameAshmore Funds
-
Inception DateFeb 26, 2020
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryGB
-
ManagerDhiren Shah
Fund Description
• | Environment: Global and local impact, greenhouse gas emissions, water and waste management, incidents of environmental pollution, energy management and use of green energy, policies and innovations to limit negative impact. |
• | Social: Employee diversity and inclusion, customer welfare, human rights, community relations, labour practices, health and safety, supply chain management, materiality of philanthropy spend, product quality and safety. |
• | Governance: Governance structure, transparency and disclosure, representation of minority interests, public listing and reporting, management accessibility, key performance indicators used to design long-term incentive schemes, policies and strategies to mitigate the impact of ESG risks. |
• | 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. |
ESIGX - Performance
Return Ranking - Trailing
Period | ESIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -6.1% | 14.4% | 84.10% |
1 Yr | 7.3% | -6.1% | 41.9% | 78.57% |
3 Yr | -7.5%* | -22.7% | 9.1% | 66.43% |
5 Yr | N/A* | -7.2% | 11.5% | N/A |
10 Yr | N/A* | -2.3% | 6.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | ESIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.8% | -6.5% | 35.5% | 28.07% |
2022 | -27.9% | -50.1% | -2.4% | 75.66% |
2021 | -15.1% | -33.1% | 22.5% | 86.64% |
2020 | N/A | -22.1% | 80.1% | N/A |
2019 | N/A | -0.7% | 42.0% | N/A |
Total Return Ranking - Trailing
Period | ESIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -6.1% | 14.4% | 84.10% |
1 Yr | 7.3% | -6.1% | 41.9% | 78.57% |
3 Yr | -7.5%* | -22.7% | 9.1% | 66.43% |
5 Yr | N/A* | -7.2% | 11.5% | N/A |
10 Yr | N/A* | -2.3% | 6.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | ESIGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.7% | -2.7% | 42.0% | 42.91% |
2022 | -27.7% | -42.2% | 1.9% | 83.03% |
2021 | -0.8% | -32.5% | 33.1% | 47.87% |
2020 | N/A | -20.0% | 81.6% | N/A |
2019 | N/A | 2.3% | 42.0% | N/A |
NAV & Total Return History
ESIGX - Holdings
Concentration Analysis
ESIGX | Category Low | Category High | ESIGX % Rank | |
---|---|---|---|---|
Net Assets | 11.5 M | 653 K | 96.1 B | 94.13% |
Number of Holdings | 44 | 10 | 6829 | 91.87% |
Net Assets in Top 10 | 4.49 M | 299 K | 17.9 B | 91.60% |
Weighting of Top 10 | 41.43% | 2.9% | 122.2% | 22.30% |
Top 10 Holdings
- Tencent Holdings Ltd. HKD0.00002 6.00%
- Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 5.36%
- HDFC Bank Ltd. SPON ADS EACH REP 3 ORD SHS 4.61%
- Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10 4.37%
- Fomento Economico Mexicano S A B de C V SPON ADR RP 10 UTS(1B2D-B 4.29%
- Totvs SA COM NPV 3.69%
- AIA Group Ltd, Hong Kong NPV 3.52%
- E Ink Holdings Inc. TWD10 3.47%
- Dentium Co Ltd KRW500 3.18%
- PB Fintech Ltd. INR2.00 2.93%
Asset Allocation
Weighting | Return Low | Return High | ESIGX % Rank | |
---|---|---|---|---|
Stocks | 98.09% | 0.00% | 103.65% | 32.53% |
Cash | 1.91% | -2.03% | 20.51% | 46.53% |
Preferred Stocks | 0.00% | 0.00% | 10.17% | 79.73% |
Other | 0.00% | -1.64% | 50.31% | 62.93% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 55.30% |
Bonds | 0.00% | 0.00% | 94.30% | 60.93% |
Stock Sector Breakdown
Weighting | Return Low | Return High | ESIGX % Rank | |
---|---|---|---|---|
Technology | 31.58% | 0.00% | 47.50% | 9.45% |
Financial Services | 15.65% | 0.00% | 48.86% | 83.00% |
Healthcare | 12.47% | 0.00% | 16.53% | 8.10% |
Consumer Cyclical | 10.87% | 0.00% | 48.94% | 69.23% |
Communication Services | 10.76% | 0.00% | 39.29% | 28.74% |
Basic Materials | 7.95% | 0.00% | 30.03% | 52.77% |
Consumer Defense | 7.40% | 0.00% | 25.90% | 30.09% |
Industrials | 3.33% | 0.00% | 43.53% | 87.58% |
Utilities | 0.00% | 0.00% | 39.12% | 86.10% |
Real Estate | 0.00% | 0.00% | 17.15% | 93.25% |
Energy | 0.00% | 0.00% | 24.80% | 93.52% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | ESIGX % Rank | |
---|---|---|---|---|
Non US | 81.53% | 0.00% | 100.18% | 61.73% |
US | 16.55% | 0.00% | 101.58% | 29.33% |
ESIGX - Expenses
Operational Fees
ESIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.14% | 0.03% | 24.48% | 17.67% |
Management Fee | 1.00% | 0.00% | 2.00% | 79.31% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | 5.71% |
Sales Fees
ESIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
ESIGX 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.
ESIGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 189.00% | 44.91% |
ESIGX - Distributions
Dividend Yield Analysis
ESIGX | Category Low | Category High | ESIGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.22% | 0.00% | 9.88% | 86.53% |
Dividend Distribution Analysis
ESIGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
ESIGX | Category Low | Category High | ESIGX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.35% | -1.98% | 17.62% | 86.03% |
Capital Gain Distribution Analysis
ESIGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.005 | OrdinaryDividend |
Sep 22, 2023 | $0.015 | OrdinaryDividend |
Jun 23, 2023 | $0.019 | OrdinaryDividend |
Mar 24, 2023 | $0.037 | OrdinaryDividend |
Mar 24, 2022 | $0.000 | OrdinaryDividend |
Dec 18, 2020 | $0.088 | OrdinaryDividend |
Jun 25, 2020 | $0.000 | OrdinaryDividend |
ESIGX - Fund Manager Analysis
Managers
Dhiren Shah
Start Date
Tenure
Tenure Rank
Feb 26, 2020
2.26
2.3%
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.
Patrick Cadell
Start Date
Tenure
Tenure Rank
Feb 28, 2021
1.25
1.3%
Patrick Cadell, Portfolio Manager, joined Ashmore Investment Advisors Limited in 2017. Prior to joining the firm, he joined the J.P. Morgan investment bank analyst training programme in 2008 and worked at J.P. Morgan Cazenove as a Corporate Finance Analyst on the UK Financial Institutions Team. In 2010, Patrick moved to Nevsky Capital as an Investment Analyst covering Emerging Asian Equities. The team he was part of then moved to Thames River Capital, which was subsequently acquired by Foreign and Colonial, where he progressed into a Portfolio Management role managing the F&C Directional Opportunities EM Equity fund. In 2015, Patrick joined Liontrust Investment Partners as a Partner and Portfolio Manager, where he was part of a team managing an EM Equity Fund. Mr. Cadell gained a 1st Class BSc in Economics from University College London.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.53 | 13.42 |