Ashmore Emerging Markets Small Cap Equity Fund Class A (ESSAX)

10.69
Net Asset Value
+0.19%
1 Day
+2.59%
Year-to-Date
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
5.25
Sales Expenses
2.26%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund invests at least 80% of its net assets in equity securities and equity-related investments of Small-Capitalization Emerging Market Issuers- which may be denominated in any currency- including the local currency of the issuer. The subadviser currently defines a small-capitalization issuer as any issuer included in the MSCI Emerging Market Small Cap Index at the time of purchase- as well as any issuer with a market capitalization that is in the lowest 15% of the market capitalization range of issuers included in the MSCI Emerging Markets Investible Market Index (IMI) at the time of purchase.

Performance

1 month-2.47% 3 years+5.64%
3 months-1.48% 5 years+4.59%
1 year+14.43% Since inception+5.65%
Data through --

Peer Comparisonvs. Diversified emerging mkts

 ESSAXCategory
Performance 5-yr return+4.59%+4.45%
Expense ratio2.26%1.40%
Risk 5 year sharpe ratio0.420.30
Net assets$44.2M$1.7B
Average market cap$1.4B$32.6B
Average P/E21.714.9
Portfolio turnover126%126%

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Fund Management and Purchase Info

Fund familyAshmore
Fund manager & tenureDhiren Shah / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

International stock95.35%
Cash2.63%
U.S. stock2.02%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 4.40%
-- 4.35%
-- 4.29%
-- 4.29%
-- 4.15%
-- 3.58%
-- 3.51%
-- 3.31%
-- 3.02%
-- 2.99%