Ashmore Emerging Markets Currency Fund

U.S. News evaluated 20 Multicurrency 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 -3.23 percent over the past year, and -1.58 percent over the past three years.

Trailing Returns Updated 03.31.2014
Year to date 0.3%
1 Year -3.2%
3 Years (Annualized) -1.6%
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 derivatives and other instruments that provide investment exposure to local currencies of Emerging Market Countries and by also investing in debt securities denominated in Emerging Market local currencies. The fund may also invest in debt instruments of any maturity issued by Sovereigns and Quasi-Sovereigns and denominated in the local currency of the issuer. Sovereigns are governments of Emerging Market Countries. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Ashmore Emerging Markets Currency Fund has an expense ratio of 0.87 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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