Ashmore Emerging Markets Short Duration Fund Institutional Class ESFIX
Strategy
The investment seeks to maximize total return. The fund seeks to achieve its objective by investing principally in short-term debt instruments of, and derivative instruments related to, Sovereign, Quasi-Sovereign and corporate issuers of Emerging Market Countries denominated exclusively in Hard Currencies (i.e., the U.S. dollar or any currency of a nation in the G-7). It normally seeks to maintain a weighted average portfolio duration of between 1 and 3 years. The fund has no restrictions on individual security duration. It is non-diversified.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
ESFIX | Ashmore Emerging Markets Short Duration Fund Institutional Class | Institutional | Open | $28.45M | 1.310% | High | $1M | −$2.74M | |||
ESFAX | Ashmore Emerging Markets Short Duration Fund Class A | Front Load | Open | $1.07M | 1.550% | High | $1,000 | −$444,495.80 | |||
ESFCX | Ashmore Emerging Markets Short Duration Fund Class C | Level Load | Open | $96,198.00 | 2.310% | High | $1,000 | −$17,330.01 |