About EMKIX
Ashmore Emerging Markets Total Return Fund Institutional Class is a mutual fund specializing in emerging markets fixed income securities. Its primary role is to achieve total return by investing mainly in debt instruments issued by sovereign, quasi-sovereign, and corporate entities across diverse developing countries. The fund allocates at least 65% of its assets to bonds from emerging market nations, with significant exposures in Latin America, Eastern Europe, Africa, Middle East, and Asia.
This fund distinguishes itself by broad diversification among issuers and countries, holding a mix of government, government-related, and corporate bonds, and employs active management to navigate opportunities and risks particular to dynamic emerging economies. Its top holdings often include government and state-linked issuers such as Petroleos de Venezuela S.A., the United States Treasury, and government securities from Brazil, Malaysia, South Africa, China, and Mexico.
Serving institutional investors, the fund offers access to markets that may be underrepresented in traditional bond portfolios, providing potential for enhanced yield and diversification benefits. It plays a vital role as a vehicle for investors seeking exposure to the growth dynamics and yield opportunities characteristic of emerging market debt, while also managing the unique risks inherent to these regions.
Fund Family Ashmore
Category Emerging Markets Bond
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol EMKIX
Share Class Institutional Class Shares
Index JP Morgan EMBI Global Diversified TR
EMKIX had a total return of 9.40% in the past year, including dividends.
Since the fund's inception, the average annual return has been -0.82%.
