Ashmore Emerging Markets Local Currency Bond Fund

1 / 5 Stars
3 3 1 1 3
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
E- (Sell)

U.S. News evaluated 101 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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The fund has returned 3.35 percent over the past year, and 0.23 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 6.2%
1 Year 3.4%
3 Years (Annualized) 0.2%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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The investment seeks to maximize total return. The fund seeks to achieve its objective by investing principally in debt instruments of Sovereign and Quasi-Sovereign issuers of Emerging Market Countries that are denominated in the local currency of the issuer. Sovereigns are governments of Emerging Market Countries. Quasi-Sovereigns are governmental entities, agencies and other issuers the obligations of which are guaranteed by an emerging market government and issuers otherwise represented in the J.P. Morgan Government Bond Index-Emerging Markets Global Diversified or a similar index as determined by the Investment Manager. It is non-diversified.


Fees are Low compared to funds in the same category.
Ashmore Emerging Markets Local Currency Bond Fund has an expense ratio of 1.25 percent.

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Risk is High compared to funds in the same category according to Morningstar.

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