Ashmore Emerging Markets Currency Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 25.51 25.51
Stocks 0.0 0.0
Bonds 0.0 0.0
Other 0.0 0.0
Foreign Bonds 74.49 74.49
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

% Net Assets
Mexico(Utd Mex St) 8% 14.59
United Mexican States 6% 14.3
LTN - LETRAS DO TESOURO NACIONAL 8.56
Brazil Letras Do Tesou 0% 6.94
Republica Oriental Del Uruguay 4.25% 6.27
Russian Federation 7.4% 5.79
Romania(Rep Of) 6% 4.78
Russian Federation 7.4% 3.27
Colombian Tes 7.00% 3.16
Romania Gov. Bd. 5.80% 1.79