Ashmore Emerging Markets Equity Fund
EMEAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Boston MA 02110 Los Angeles CA United States of America 90071
- IPO Date
- Feb 27, 2012
- CIK
- 0001498498
- Website
- ashmoregroup.com
- Similar Companies
- Business
- Ashmore Emerging Markets Equity Fund - Class A (EMEAX) is an open-end mutual fund managed by Ashmore Group plc that seeks long-term capital appreciation by investing primarily in emerging markets equities and equity-related securities across the market capitalization spectrum; the fund employs a disciplined, index-unconstrained, bottom-up fundamental approach targeting higher quality and growth stocks, resulting in a high-conviction portfolio typically holding 60 to 80 positions, with top exposures to information technology (around 31-37%), industrials, financials, and communication services sectors; key holdings include Taiwan Semiconductor Manufacturing Co Ltd (approximately 12%), Tencent Holdings Ltd (9%), SK Hynix Inc, HDFC Bank Ltd, and Contemporary Amperex Technology Co Ltd, representing over 30% of the portfolio; country allocations emphasize China (27%), Taiwan (25%), South Korea (13%), and India (9%), with operations spanning 15 emerging market countries including Mexico, Brazil, Indonesia, United Arab Emirates, and Vietnam; share classes include Class A (EMEAX, net expense ratio 1.30%, front-end load 5.25%), Class I (EMFIX), and Class C (EMECX), domiciled in the United States with daily pricing and quarterly dividends. The fund, launched on February 24, 2012 (inception for underlying strategy June 22, 2011), forms part of Ashmore Group plc's broader suite of emerging markets investment strategies encompassing equities, external debt, local currency, corporate debt, blended debt, and alternatives; Ashmore Group plc, founded in 1992 as an ANZ-managed portfolio and publicly listed on the London Stock Exchange since 2006 (FTSE 250 constituent), is headquartered at 61 Aldwych, London, WC2B 4AE, United Kingdom, and manages approximately $46-52 billion in assets under management as of mid-2025 across global operations; the fund targets institutional and retail investors in the United States, with minimum initial investment of $1,000 for Class A shares. Recent developments include strong investment performance with year-to-date returns of about 28% for Class I shares as of late 2025, outperforming the MSCI Emerging Markets Net Return Index in multiple periods such as 3-year (19.58% vs. 18.19%) and 10-year (11.36% vs. 7.98%); Ashmore Group reported assets under management growth to $51.8 billion in Q1 2025 (up 5% quarter-over-quarter) driven by $3.2 billion in positive emerging markets performance despite modest outflows; strategic initiatives encompass a July 2025 partnership with LV Distribution to broaden U.S. access for RIAs, family offices, and institutions; a May 2025 office opening in Qatar to tap Gulf investor opportunities; and localized activities such as Ashmore Colombia's March 2024 majority equity acquisition in bioenergy firm BIOENA SAS; the equities franchise expanded, representing 13% of group AuM in FY2024 (up from 11%), with ongoing investments in global and local equities operations amid robust emerging markets conditions.