Ashmore Emerging Markets Equity Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 0.0 0.0
Stocks 3.65 3.65
Bonds 0.0 0.0
Other 3.93 3.93
Foreign Bonds 0.8 0.8
Foreign Stocks 91.62 91.62
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 03.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 03.31.2014

Ticker YTD Return % % Net Assets
Hyundai Motor Co HYMLF --- 5.3
Samsung Electronics Co Ltd SSNLF 1.82 4.89
Sberbank Of Russia ADR SBRCY -17.28 3.48
Ping An Insurance Group H Shares PIAIF -14.46 2.75
OAO Lukoil ADR LUKOY -5.24 2.37
Vale SA ADR VALE -9.6 2.22
China Merchants Bank Co Ltd H Shares 03968 --- 2.16
Credicorp Ltd BAP 19.78 2.13
Ternium SA ADR TX -6.1 2.03
Erste Bank der oesterreichischen Sparkassen AG EBKOF -6.18 1.99