Morningstar

Ashmore Emerging Markets Total Return Fund Institutional Class EMKIX

Morningstar Medalist Rating
Medalist Rating as of | See Ashmore Investment Hub
  • NAV / 1-Day Return 5.25  /  0.00
  • Total Assets 26.6M
  • Adj. Expense Ratio
    1.210%
  • Expense Ratio 1.210%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 7.24%
  • Effective Duration —

USD | NAV as of Aug 15, 2026 | 1-Day Return as of Aug 15, 2026, 4:21 AM GMT+0

Morningstar’s Analysis EMKIX

Will EMKIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable EMKIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the EMKIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of EMKIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Bold but weak on defense.

Senior Analyst Arvind Subramanian

Arvind Subramanian

Senior Analyst

Summary

Ashmore Emerging Markets Total Return is managed by an experienced team, but shortcomings in risk management remain a concern given the strategy’s aggressive investment approach.

by Arvind Subramanian
Rated on Published on

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Portfolio Holdings EMKIX

More EMKIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Petroleos de Venezuela SA 8.5%

11.71 3M
Cash and Equivalents

CHINESE YUAN

7.98 2M
Cash and Equivalents

FX COLLATERAL HSBC

5.72 2M
Cash and Equivalents

United States Treasury Bills 0%

5.58 2M
Government

CURRENCY CONTRACT - CNH Purchased

4.41 1M
Derivative

RECV OIS_CCP MXN 7.4995% Receive

3.27 886,347
Government

CURRENCY CONTRACT - PLN Purchased

2.66 722,413
Derivative

CURRENCY CONTRACT - USD Purchased

2.44 661,471
Derivative

CURRENCY CONTRACT - USD Purchased

2.31 626,359
Derivative

CURRENCY CONTRACT - KRW Purchased

2.27 615,676
Derivative

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