Ashmore Emerging Markets Local Currency Bond Fund

U.S. News evaluated 96 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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Performance

The fund has returned -13.21 percent over the past year, and -0.03 percent over the past three years.

Trailing Returns Updated 02.28.2014
Year to date -1.9%
1 Year -13.2%
3 Years (Annualized) -0.0%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

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

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

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

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