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Ashmore SICAV Emerging Markets Debt Fund Retail USD Acc
Ashmore Sicav (SICAV domiciled in Luxembourg)
Key Information
Legal Documents

Fund Profile

Category: SICAV

The Fund's objective is to seek capital appreciation by investing in a range of diversified transferable securities and/or other liquid financial assets. The Fund is actively managed by Ashmore Investment Management Limited and references JP Morgan Emerging Market Bond Index Global Diversified (the “Benchmark”) as part of its investment process. The Investment Manager has full discretion over the composition of the portfolio of the Fund. The Fund aims to be mainly invested in bonds and similar instruments issued by Emerging Market sovereigns, sovereign guaranteed and corporate entities. The Fund will seek to achieve its objectives through securities denominated in US dollars, Euros, Swiss Francs and other major currencies as well as Emerging Market local currencies. The Fund may also be invested in financial instruments whose value derives from the value and characteristics of one or more underlying assets (derivatives) and engage in certain techniques for hedging purposes and efficient management of assets. The Fund may not grant loans or guarantees in favour of a third party. The Fund primarily uses an active, macro top-down approach to investment management. The reference currency of the Fund is USD. Transaction costs may have a material impact on performance, depending on factors such as market liquidity. Distributed income gains on your shares will be distributed on a monthly basis, unless you request otherwise in writing. You can buy or sell shares in this Fund on any bank business day in both Luxembourg and London (excluding Saturdays and Sundays), or such other days as the board of directors shall determine from time to time by submitting an application form to the Administrator before the dealing deadline. For full investment objectives and policy details, please refer to section 2 of the Fund's prospectus available at

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
Lower Risk
Possible Lower
Higher Risk
Possible Higher
Key Information
Closing Price 02/12/2021123.03
Morningstar categoryGlobal Emerging Markets Bond
Distribution statusAccumulating
Inception Date09/09/2015
Minimum initial amount100.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.65% of which 0.55% is paid to MeDirect
Fund management company
AddressAshmore Investment Management (Ireland) Limited 32 Molesworth Street Dublin Ireland
Manager NameInvestment Committee
Manager Start Date10/01/2003
Total Net Assets (mil)1,104.05 USD (30/11/2021)
AdministratorNorthern Trust Global Services SE


en 01/10/2021
Annual Report
en 31/12/2020
Semi Annual Report
en 30/06/2021
Morningstar Report


Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year-6.21%02/12/2021
3 years1.44%02/12/2021
5 years1.61%02/12/2021
Since launch3.39%02/12/2021
Cumulative performance in USD
YTD 01/01/2021-8.68
1 month-2.03
3 months-8.27
6 months-8.42
Quarterly Returns
Q 1Q 2Q 3Q 4


Asset Allocation
% Long% Short% Net Assets
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
Sharpe Ratio
Sortino Ratio
Positive Months5.0021.0035.00
Negative Months7.0015.0025.00
Worst Month-4.13-22.18-22.18
World Regions
Stock Sector Weighting
Sector% of Equity
Top 10 Holdings
HoldingSectorCountry% of Assets
Ecuador (Republic Of) 1% 31/07/2035Ecuador4.42
Oi SA 10% 27/07/2025Brazil2.15
Dominican Republic 5.875% 30/01/2060Dominican Republic1.74
Ukraine (Republic of) 7.375% 25/09/2032Ukraine1.42
Petroleos Mexicanos 7.69% 23/01/2050Mexico1.28
Argentina (Republic of) 0.5% 09/07/2030Argentina1.24
Dominican Republic 4.875% 23/09/2032Dominican Republic1.15
Petroleos Mexicanos 6.95% 28/01/2060Mexico1.14
Ecuador (Republic Of) 0.5% 31/07/2040Ecuador1.06
Peru (Republic of) 8.75% 21/11/2033Peru1.04
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Closing Price
All key information and documents must be reviewed before being able to Invest.

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MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.