2 / 5 Stars
3 4 1 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 94 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -16.22 percent over the past year, and -0.29 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-4.9%|
|3 Years (Annualized)||-0.3%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 High compared to funds in the same category.
Ashmore Emerging Markets Local Currency Bond Fund has an expense ratio of 0.97 percent.
Risk is High compared to funds in the same category according to Morningstar.