Ashmore Emerging Markets Short Duration Fund – Class C (ESFCX)

Overview

The described fund operates as an investment entity focusing on capitalizing on opportunities within Emerging Market Countries. It primarily targets investments in short-term debt instruments and derivative instruments related to Sovereign, Quasi-Sovereign, and corporate issuers. What sets this fund apart is its exclusive investment in instruments denominated in Hard Currencies, specifically the U.S. dollar or currencies of nations within the G-7. The fund aims to achieve its investment objectives by maintaining a weighted average portfolio duration of between 1 and 3 years, indicating a moderate risk tolerance level suitable for investors seeking a balance between risk and return. Notably, the fund operates with no restrictions regarding the duration of individual securities and adopts a non-diversified investment strategy, potentially leading to higher risk and return prospects.

Products and Services

• Short-term Debt Instruments

  Investments in short-term debt instruments form the core product offering of this fund. These instruments typically include bonds and securities issued by governments (Sovereign), government-affiliated organizations (Quasi-Sovereign), and corporations from Emerging Market Countries. By focusing on short-term maturities, the fund seeks to mitigate interest rate risk while allocating investments in opportunities that offer potentially higher yields compared to similar instruments from developed markets.

• Derivative Instruments

  The fund diversifies its investment strategy through the acquisition of derivative instruments related to the aforementioned issuers. These derivatives are financial contracts whose value is derived from the performance of an underlying asset, index, or interest rate. Investments in derivatives allow the fund to hedge against potential risks or speculate based on anticipated market movements, thereby contributing to the fund's overall risk management strategy and potential for returns.

• Hard Currency Denominated Investments

  All investments made by the fund are exclusively in Hard Currencies, which encompass the U.S. dollar or currencies of G-7 nations. This approach mitigates the currency risk associated with investing in emerging markets, where local currency volatility can significantly impact returns. By denominating investments in Hard Currencies, the fund aims to provide a more stable and predictable investment environment for its shareholders.