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

Net Asset Value
1 Day
Overall Morningstar Rating
Diversified emerging mkts
Style or Category
Sales Expenses
Expense Ratio
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.


1 month-1.53% 3 years+10.70%
3 months+7.56% 5 years+6.36%
1 year+19.67% Since inception+6.08%
Data through --

Peer Comparisonvs. Diversified emerging mkts

Performance 5-yr return+6.36%+4.09%
Expense ratio2.26%1.41%
Risk 5 year sharpe ratio0.460.36
Net assets$42.9M$1.7B
Average market cap$1.3B$33.4B
Average P/E21.015.9
Portfolio turnover126%126%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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


International stock94.61%
U.S. stock2.49%
Fixed income0.40%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 4.08%
-- 3.70%
-- 3.55%
-- 3.49%
-- 3.49%
SUPV Grupo Supervielle SA3.35%
-- 2.98%
-- 2.97%
-- 2.87%
-- 2.87%