About EFEAX
Ashmore Emerging Markets Frontier Equity Fund Class A is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity and equity-related securities of frontier market issuers. Frontier markets, considered less developed than mainstream emerging markets, offer unique growth opportunities and diversified exposure across geographies such as Vietnam, the United Arab Emirates, Qatar, Morocco, the Philippines, and several others. The fund follows a fundamentally driven, bottom-up investment process, supplemented by top-down risk controls, resulting in a high-conviction portfolio that is unconstrained by index composition. Ashmore’s strategy includes a blend of financials, real estate, industrials, information technology, and other sectors, with significant weight in financials and notable stakes in companies like Kaspi.kz, Banca Transilvania, and National Bank of Kuwait. The fund caters to investors seeking diversified access to rapidly evolving markets with potentially lower correlations to developed and traditional emerging markets. By allocating capital across a wide range of countries and industries, the fund plays a distinctive role in portfolio diversification, facilitating broader participation in the global equity market’s most dynamic frontier economies.
Fund Family Ashmore
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol EFEAX
Share Class Class A
Index Index is not available on Lipper Database
EFEAX had a total return of 18.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.36%.
