Our funds


Ashmore Dana USD Fixed Income	Domicile Indonesia Dealing Frequency Daily Fund Size 855,698 as of 29 Nov 2024 Currency USD Price 0.9503 as of 12 Dec 2024	Ashmore Dana USD Fixed Income
Ashmore Dana USD Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 64,835,603 as of 29 Nov 2024 Currency USD Price 1.2621 as of 12 Dec 2024	Ashmore Dana USD Nusantara
Ashmore Emerging Markets Debt Fund	Domicile Cayman Dealing Frequency Monthly Fund Size 465,419,763 as of 31 Oct 2024 Currency USD Price 98.3197 as of 29 Nov 2024	Ashmore Emerging Markets Debt Fund
Ashmore Emerging Markets Debt Fund	Domicile USA Dealing Frequency Daily Fund Size 19,415,716 as of 31 Oct 2024 Currency USD Price 8.45 as of 12 Dec 2024	Ashmore Emerging Markets Debt Fund
Ashmore Emerging Markets Liquid Investment Portfolio	Domicile Guernsey Dealing Frequency Monthly Fund Size 296,116,971 as of 31 Oct 2024 Currency USD Price 6.0517 as of 29 Nov 2024	Ashmore Emerging Markets Liquid Investment Portfolio
Ashmore SICAV EM Debt Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 348,565,152 as of 31 Oct 2024 Currency USD Price 118.92 as of 12 Dec 2024	Ashmore SICAV EM Debt Fund
Ashmore SICAV EM Sovereign Debt Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 129,778,124 as of 31 Oct 2024 Currency USD Price 95.96 as of 12 Dec 2024	Ashmore SICAV EM Sovereign Debt Fund
Ashmore SICAV EM Sovereign Investment Grade Debt Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 433,313,835 as of 31 Oct 2024 Currency USD Price 101.57 as of 12 Dec 2024	Ashmore SICAV EM Sovereign Investment Grade Debt Fund
Ashmore SICAV Global Liquidity US$ Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 285,943,996 as of 31 Oct 2024 Currency USD	Ashmore SICAV Global Liquidity US$ Fund


Ashmore Dana Obligasi Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 2,414,569,752,615 as of 29 Nov 2024 Currency IDR Price 1500.51 as of 12 Dec 2024	Ashmore Dana Obligasi Nusantara
Ashmore Dana Obligasi Providentia Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 41,443,917,026 as of 29 Nov 2024 Currency IDR Price 1010.89 as of 12 Dec 2024	Ashmore Dana Obligasi Providentia Nusantara
Ashmore Dana Obligasi Strategis Nusantara	Domicile Indonesia Dealing Frequency Daily Currency IDR	Ashmore Dana Obligasi Strategis Nusantara
Ashmore Dana Obligasi Unggulan Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 2,201,714,431,448 as of 29 Nov 2024 Currency IDR Price 1026.61 as of 12 Dec 2024	Ashmore Dana Obligasi Unggulan Nusantara
Ashmore Dana Pasar Uang Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 482,826,345,366 as of 29 Nov 2024 Currency IDR Price 1257 as of 12 Dec 2024	Ashmore Dana Pasar Uang Nusantara
Ashmore Dana Pasar Uang Syariah	Domicile Indonesia Dealing Frequency Daily Fund Size 100,152,793,675 as of 29 Nov 2024 Currency IDR Price 1109.99 as of 12 Dec 2024	Ashmore Dana Pasar Uang Syariah
Ashmore Emerging Markets Local Currency Bond Fund	Domicile USA Dealing Frequency Daily Fund Size 9,349,242 as of 31 Oct 2024 Currency USD Price 6.57 as of 12 Dec 2024	Ashmore Emerging Markets Local Currency Bond Fund
Ashmore GCC Diversified Trade Fund - Class A	Domicile Saudi Arabia Dealing Frequency Daily Fund Size 221,026,400 as of 11 Dec 2024 Currency SAR Price 12.2469 as of 11 Dec 2024	Ashmore GCC Diversified Trade Fund - Class A
Ashmore GCC Diversified Trade Fund - Class B	Domicile Saudi Arabia Dealing Frequency Daily Fund Size 31,498,633 as of 11 Dec 2024 Currency SAR Price 12.3365 as of 11 Dec 2024	Ashmore GCC Diversified Trade Fund - Class B
Ashmore Portföy Corporate Debt Fund	Domicile Turkey Dealing Frequency Daily Fund Size 2,264,597 as of 31 Aug 2016 Currency TRY Price 0.015163 as of 10 Feb 2017	Ashmore Portföy Corporate Debt Fund
Ashmore SICAV EM Investment Grade Local Currency Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 27,184,957 as of 31 Oct 2024 Currency USD Price 60.58 as of 12 Dec 2024	Ashmore SICAV EM Investment Grade Local Currency Fund
Ashmore SICAV EM Local Currency Bond Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 1,069,911,771 as of 31 Oct 2024 Currency USD Price 67.56 as of 12 Dec 2024	Ashmore SICAV EM Local Currency Bond Fund
Ashmore SICAV EM Local Currency Bond Fund 2	Domicile Luxembourg Dealing Frequency Daily Fund Size 11,396,878 as of 31 Oct 2024 Currency USD Price 96.61 as of 12 Dec 2024	Ashmore SICAV EM Local Currency Bond Fund 2


Ashmore Emerging Markets Corporate Income Fund	Domicile USA Dealing Frequency Daily Fund Size 27,251,731 as of 31 Oct 2024 Currency USD Price 5.79 as of 12 Dec 2024	Ashmore Emerging Markets Corporate Income Fund
Ashmore Emerging Markets Low Duration Fund	Domicile USA Dealing Frequency Daily Fund Size 10,149,110 as of 31 Oct 2024 Currency USD Price 8.82 as of 12 Dec 2024	Ashmore Emerging Markets Low Duration Fund
Ashmore Emerging Markets Short Duration Fund	Domicile USA Dealing Frequency Daily Fund Size 32,146,888 as of 31 Oct 2024 Currency USD Price 4.77 as of 12 Dec 2024	Ashmore Emerging Markets Short Duration Fund
Ashmore SICAV EM Asian High Yield Debt Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 5,895,473 as of 31 Oct 2024 Currency USD Price 21.36 as of 12 Dec 2024	Ashmore SICAV EM Asian High Yield Debt Fund
Ashmore SICAV EM Corporate Debt ESG Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 24,831 as of 30 Sep 2024 Currency USD Price 75.87 as of 16 Jul 2024	Ashmore SICAV EM Corporate Debt ESG Fund
Ashmore SICAV EM Corporate Debt Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 357,438,420 as of 31 Oct 2024 Currency USD Price 57.06 as of 12 Dec 2024	Ashmore SICAV EM Corporate Debt Fund
Ashmore SICAV EM Investment Grade Corporate Debt Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 95,004,120 as of 31 Oct 2024 Currency USD Price 103.72 as of 24 Jul 2020	Ashmore SICAV EM Investment Grade Corporate Debt Fund
Ashmore SICAV EM Investment Grade Short Duration Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 26,583,391 as of 31 Oct 2024 Currency USD Price 114.07 as of 12 Dec 2024	Ashmore SICAV EM Investment Grade Short Duration Fund
Ashmore SICAV EM Short Duration Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 298,286,886 as of 31 Oct 2024 Currency USD Price 54.48 as of 12 Dec 2024	Ashmore SICAV EM Short Duration Fund


Ashmore Emerging Markets Total Return Fund	Domicile USA Dealing Frequency Daily Fund Size 95,474,590 as of 31 Oct 2024 Currency USD Price 4.98 as of 12 Dec 2024	Ashmore Emerging Markets Total Return Fund
Ashmore SICAV EM Absolute Return Debt Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 15,798,790 as of 31 Oct 2024 Currency USD Price 105.94 as of 01 Oct 2024	Ashmore SICAV EM Absolute Return Debt Fund
Ashmore SICAV EM Frontier Blended Debt Fund	Domicile Luxembourg Dealing Frequency Daily Currency USD Price 100 as of 02 Dec 2024	Ashmore SICAV EM Frontier Blended Debt Fund
Ashmore SICAV EM Investment Grade Total Return Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 10,661,261 as of 31 Oct 2024 Currency USD Price 80.61 as of 12 Dec 2024	Ashmore SICAV EM Investment Grade Total Return Fund
Ashmore SICAV EM Total Return Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 228,126,406 as of 31 Oct 2024 Currency USD Price 55.09 as of 12 Dec 2024	Ashmore SICAV EM Total Return Fund
Ashmore SICAV Emerging Markets Total Return Debt Fund 2	Domicile Luxembourg Dealing Frequency Daily Fund Size 18,352,313 as of 31 Oct 2024 Currency USD Price 109.92 as of 12 Dec 2024	Ashmore SICAV Emerging Markets Total Return Debt Fund 2


Ashmore Dana Balanced Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 346,035,208,783 as of 29 Nov 2024 Currency IDR Price 1015.58 as of 12 Dec 2024	Ashmore Dana Balanced Nusantara


Ashmore Dana Ekuitas Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 2,649,350,131,983 as of 29 Nov 2024 Currency IDR Price 1292.02 as of 12 Dec 2024	Ashmore Dana Ekuitas Nusantara
Ashmore Dana Progresif Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 891,735,324,720 as of 29 Nov 2024 Currency IDR Price 1559.92 as of 12 Dec 2024	Ashmore Dana Progresif Nusantara
Ashmore Dana USD Equity Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 4,468,450 as of 29 Nov 2024 Currency USD Price 1.2189 as of 12 Dec 2024	Ashmore Dana USD Equity Nusantara
Ashmore Saham Dinamis Nusantara	Domicile Indonesia Dealing Frequency Daily Fund Size 324,670,516,961 as of 29 Nov 2024 Currency IDR Price 1019.45 as of 12 Dec 2024	Ashmore Saham Dinamis Nusantara
Ashmore SICAV EM Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 296,207,401 as of 31 Oct 2024 Currency USD Price 110.11 as of 12 Dec 2024	Ashmore SICAV EM Equity Fund
Ashmore SICAV EM Global Small Cap Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 28,360,980 as of 31 Oct 2024 Currency USD Price 220.65 as of 12 Dec 2024	Ashmore SICAV EM Global Small Cap Equity Fund
Ashmore SICAV EM Indonesian Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 5,352,645 as of 31 Oct 2024 Currency USD Price 94.05 as of 12 Dec 2024	Ashmore SICAV EM Indonesian Equity Fund
Ashmore SICAV Emerging Markets Equity ESG Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 63,782,169 as of 31 Oct 2024 Currency USD Price 91.65 as of 12 Dec 2024	Ashmore SICAV Emerging Markets Equity ESG Fund
Ashmore SICAV Emerging Markets Equity Ex China Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 7,389,246 as of 31 Oct 2024 Currency USD Price 100 as of 16 Jul 2024	Ashmore SICAV Emerging Markets Equity Ex China Fund
Ashmore SICAV India Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 12,874,312 as of 31 Oct 2024 Currency USD Price 124.09 as of 12 Dec 2024	Ashmore SICAV India Equity Fund


Ashmore SICAV EM Active Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 82,073,696 as of 31 Oct 2024 Currency USD Price 118.58 as of 12 Dec 2024	Ashmore SICAV EM Active Equity Fund
Ashmore SICAV EM Multi-Asset Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 12,973,809 as of 31 Oct 2024 Currency USD Price 97.31 as of 12 Dec 2024	Ashmore SICAV EM Multi-Asset Fund
Ashmore SICAV EM Shariah Active Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 11,758,937 as of 31 Oct 2024 Currency USD Price 112.41 as of 12 Dec 2024	Ashmore SICAV EM Shariah Active Equity Fund


Ashmore SICAV EM Frontier Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 138,106,969 as of 31 Oct 2024 Currency USD Price 130.3 as of 12 Dec 2024	Ashmore SICAV EM Frontier Equity Fund
Ashmore SICAV Middle East Equity Fund	Domicile Luxembourg Dealing Frequency Daily Fund Size 6,232,144 as of 31 Oct 2024 Currency USD Price 103.25 as of 13 Jan 2021	Ashmore SICAV Middle East Equity Fund

Terms & Conditions - UK and Europe Institutions & Intermediaries

Please read this page before proceeding as it sets out important legal and regulatory information about the material contained in this website (which Ashmore may, without notice, change).

By accessing any page of this website, you agree to be bound by the terms below. If you do not agree to such terms, you should exit the website. This page is designed to prevent unsuitable categories of investor from accessing the website and as such Ashmore cannot be responsible for any misrepresentations you may make in gaining access to the website.

Introduction

Ashmore Investment Management Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Management Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 3344281.

Ashmore Investment Advisors Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Advisors Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 08723494.

Ashmore Investment Management (Ireland) Limited, 32 Molesworth Street, Dublin 2, Ireland is authorised and regulated by the Central Bank of Ireland as management company and principle sales agent for the Ashmore SICAV.

This website contains information about a number of different funds managed by Ashmore Investment Management Limited, Ashmore Investment Advisors Limited and certain of their affiliates ("Ashmore"). Different types of fund or investment present different levels and types of risk.

Access to the information contained in this website in certain countries may be restricted by law and persons who access it are required to inform themselves of, and to comply with, any such restrictions. The information included herein is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. By accessing this website you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of investment management services and products and you warrant and represent that you will not pass on or utilise the information contained in this website in a manner that could constitute a breach of such laws by Ashmore or any other person.

Many of the protections provided by the United Kingdom regulatory structure may not apply to investments in Ashmore funds, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service.

No offer, promotion or solicitation

Units or shares in any Ashmore fund are not available for sale in any jurisdiction in which such a sale would be prohibited and/or where such fund has not been approved for sale. Nothing contained in this website constitutes or forms part of any offer to sell or buy an investment, or any solicitation of such an offer in any jurisdiction in which such offer or solicitation would be unlawful. If you are in any doubt as to whether you are permitted to invest in Ashmore funds, please contact your financial adviser who will discuss the suitability of such an investment with you.

Persons resident outside the United Kingdom should consult their professional advisers as to whether they require any consents or need to observe any other formalities before they can invest in the products described in this website. Persons resident outside of the United Kingdom should also refer to the offering document of the relevant Ashmore fund for further specific jurisdictional information.

Subscriptions for shares or units in any of the Ashmore funds will only be made on the basis of the current offering document and other formative documentation for the relevant Ashmore fund.

The information contained in this website does not constitute or form part of any offer to sell, purchase, subscribe for or otherwise invest in units or shares of any Ashmore fund. Any products or services referred to in this website are subject to the legal and regulatory requirements applicable in the jurisdiction where the investor is resident. The information contained in this website does not constitute any form of investment, financial, legal or tax advice and prospective investors should obtain appropriate independent professional advice before making any investment in any Ashmore fund.

Exclusion of liability

Ashmore has taken reasonable care to ensure that all the information contained in this website is accurate, secure and up to date, but no representations or warranties (express or implied) are given as to the reliability, accuracy and completeness of the information. You should check the accuracy of such information before relying on it in any way. Save to the extent that exclusion of liability is prohibited by law or regulation, Ashmore, its officers, employees, representatives, affiliates and agents accept no liability in any respect for any loss or damage, whether direct, indirect, consequential or otherwise (including loss of profit) arising out of or in connection with this website or its contents or any subsequent subscription into an Ashmore fund and whether arising as a result of Ashmore's negligence or otherwise. However, Ashmore does not exclude or restrict any liability it may have to clients under the FSMA 2000 or Financial Conduct Authority rules.

Many of the products referred to in this website are ‘Unregulated Collective Investment Schemes’ ("UCIS") for the purposes of the Financial Services and Markets Act 2000 ("FSMA"), and are neither recognised nor authorised schemes for the purposes of Part 17 of FSMA. Distribution of promotional materials relating to such UCIS products is restricted by law and may only be lawfully made to persons falling within the exemptions set out in the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2005 or the rules of the FCA. The information provided in this part of the website is only intended for and may only be accessed by institutional investors and investment professionals who satisfy the relevant exemption criteria.

There are significant risks associated with investment in the Ashmore funds outlined in this website. Investment in Unregulated Collective Investment Schemes (UCIS) described on this website is intended for sophisticated investors who can understand and accept the risks associated with such an investment including a substantial or complete loss of their investment.

AIFMD

Each member state of the European Economic Area is adopting or has adopted legislation implementing the European Directive on Alternative Investment Fund Managers (Directive 2011/61/EU) (“AIFMD”). Under AIFMD, marketing of products that constitute AIFs (as defined in AIFMD) to any investor domiciled or with a registered office in the European Economic Area will be restricted by such laws and no such marketing shall take place except as permitted by such laws. In particular, marketing of AIFs will only be permitted where the relevant AIF’s AIFM (as defined in AIFMD) has complied with certain registration and other formalities in relevant member states. Investors should inform themselves as to the countries where these formalities have been completed in respect of any relevant Ashmore fund, and for that purpose such information is set out on each relevant fund page on this website.

Non U.S. Person Representation

The following information contained in this website is not available to U.S. persons or persons acting on their behalf, and the funds described therein are not being offered in the United States or to U.S. persons. Therefore, by accepting this disclaimer, you represent, warrant and covenant to Ashmore that you are not a U.S. Person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) or acting for the account or benefit of a U.S. Person; and you will not make the information available to any such U.S. Person. You further covenant that you will immediately cease any use of the information for any purpose if any of the foregoing representations is no longer true.

Risk Warnings

Emerging market funds carry risks as well as rewards and you should always bear the following in mind: the value of investments and the income from them may go down as well as up and you may not get back the amount you originally invested; past performance is not a reliable indicator of future results; emerging markets are volatile and may suffer from liquidity problems; changes in rates of exchange between currencies may cause the value of or income from investments to decrease or increase; and funds which specialise in a particular region or sector are more risky than those which hold a very broad spread of investments. The offering documents or other formative documentation contain more detailed risk warnings relevant to the particular Ashmore fund.

Data Protection

Any information that may be provided by you to Ashmore through the website will be held in confidence by Ashmore and will not be disclosed to third parties, other than to the Ashmore funds and any person who provides professional, legal accounting advice or other services to Ashmore or the Ashmore funds, who will use such information in the course of providing advice or other services to you and for the purposes that we specify. All such companies are required to maintain the confidentiality of such information to the extent they receive it.

We may also disclose your personal information to fulfil your instructions, to protect our rights and interests, or pursuant to your express consent.

Notwithstanding anything to the contrary contained herein, we may disclose your personal information or any portions thereof (a) as required by, or to comply with, applicable law, regulation, court process or other statutory requirement; and (b) at the request of any regulatory, supervisory or governmental authorities.

Your details may be used by Ashmore and the Ashmore funds to send you information on other products and services that we offer. If you prefer not to receive such information, please advise us by email to ashmail@ashmoregroup.com.

Further information on how your personal information is used is contained in our Cookie Policy and our Privacy Policy.

You are entitled to a copy of the information we hold about you by writing to us and requesting it. There is a fee for this service.

Telephone calls may be recorded for compliance, training or investment purposes.

Intellectual Property Rights

This website contains various materials including text, photographs and other images, which are protected by copyright and/or other intellectual property rights. All copyright (and any other intellectual property rights) in this website and these materials is either owned by Ashmore or an Ashmore group company or is used by us under licence.

This website also contains various trade marks. All “ASHMORE” trade marks included on this website belong to Ashmore.

You are permitted to browse any part of this website and to reproduce pages of this website by printing-off or downloading to a hard disk such pages but in each case only for non-commercial and personal use. You do not have the right to use the materials contained in this website (or any copyright or other intellectual property rights within these materials) in any other way or for any other purpose except with our prior written consent.

Internet

Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Ashmore accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

Links

When leaving this website via a link to another website you may lose any regulatory protection provided under the FSMA 2000. Ashmore does not endorse or approve any material on other websites and accepts no responsibility for such material, services or products offered by such sites. No third party is permitted to link any other website to this website without Ashmore's prior written consent.

Terms & Conditions - UK and Europe Institutions & Intermediaries

Please read this page before proceeding as it sets out important legal and regulatory information about the material contained in this website (which Ashmore may, without notice, change).

By accessing any page of this website, you agree to be bound by the terms below. If you do not agree to such terms, you should exit the website. This page is designed to prevent unsuitable categories of investor from accessing the website and as such Ashmore cannot be responsible for any misrepresentations you may make in gaining access to the website.

Introduction

Ashmore Investment Management Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Management Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 3344281.

Ashmore Investment Advisors Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Advisors Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 08723494.

Ashmore Investment Management (Ireland) Limited, 32 Molesworth Street, Dublin 2, Ireland is authorised and regulated by the Central Bank of Ireland as management company and principle sales agent for the Ashmore SICAV.

This website contains information about a number of different funds managed by Ashmore Investment Management Limited, Ashmore Investment Advisors Limited and certain of their affiliates ("Ashmore"). Different types of fund or investment present different levels and types of risk.

Access to the information contained in this website in certain countries may be restricted by law and persons who access it are required to inform themselves of, and to comply with, any such restrictions. The information included herein is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. By accessing this website you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of investment management services and products and you warrant and represent that you will not pass on or utilise the information contained in this website in a manner that could constitute a breach of such laws by Ashmore or any other person.

Many of the protections provided by the United Kingdom regulatory structure may not apply to investments in Ashmore funds, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service.

No offer, promotion or solicitation

Units or shares in any Ashmore fund are not available for sale in any jurisdiction in which such a sale would be prohibited and/or where such fund has not been approved for sale. Nothing contained in this website constitutes or forms part of any offer to sell or buy an investment, or any solicitation of such an offer in any jurisdiction in which such offer or solicitation would be unlawful. If you are in any doubt as to whether you are permitted to invest in Ashmore funds, please contact your financial adviser who will discuss the suitability of such an investment with you.

Persons resident outside the United Kingdom should consult their professional advisers as to whether they require any consents or need to observe any other formalities before they can invest in the products described in this website. Persons resident outside of the United Kingdom should also refer to the offering document of the relevant Ashmore fund for further specific jurisdictional information.

Subscriptions for shares or units in any of the Ashmore funds will only be made on the basis of the current offering document and other formative documentation for the relevant Ashmore fund.

The information contained in this website does not constitute or form part of any offer to sell, purchase, subscribe for or otherwise invest in units or shares of any Ashmore fund. Any products or services referred to in this website are subject to the legal and regulatory requirements applicable in the jurisdiction where the investor is resident. The information contained in this website does not constitute any form of investment, financial, legal or tax advice and prospective investors should obtain appropriate independent professional advice before making any investment in any Ashmore fund.

Exclusion of liability

Ashmore has taken reasonable care to ensure that all the information contained in this website is accurate, secure and up to date, but no representations or warranties (express or implied) are given as to the reliability, accuracy and completeness of the information. You should check the accuracy of such information before relying on it in any way. Save to the extent that exclusion of liability is prohibited by law or regulation, Ashmore, its officers, employees, representatives, affiliates and agents accept no liability in any respect for any loss or damage, whether direct, indirect, consequential or otherwise (including loss of profit) arising out of or in connection with this website or its contents or any subsequent subscription into an Ashmore fund and whether arising as a result of Ashmore's negligence or otherwise. However, Ashmore does not exclude or restrict any liability it may have to clients under the FSMA 2000 or Financial Conduct Authority rules.

Many of the products referred to in this website are ‘Unregulated Collective Investment Schemes’ ("UCIS") for the purposes of the Financial Services and Markets Act 2000 ("FSMA"), and are neither recognised nor authorised schemes for the purposes of Part 17 of FSMA. Distribution of promotional materials relating to such UCIS products is restricted by law and may only be lawfully made to persons falling within the exemptions set out in the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2005 or the rules of the FCA. The information provided in this part of the website is only intended for and may only be accessed by institutional investors and investment professionals who satisfy the relevant exemption criteria.

There are significant risks associated with investment in the Ashmore funds outlined in this website. Investment in Unregulated Collective Investment Schemes (UCIS) described on this website is intended for sophisticated investors who can understand and accept the risks associated with such an investment including a substantial or complete loss of their investment.

AIFMD

Each member state of the European Economic Area is adopting or has adopted legislation implementing the European Directive on Alternative Investment Fund Managers (Directive 2011/61/EU) (“AIFMD”). Under AIFMD, marketing of products that constitute AIFs (as defined in AIFMD) to any investor domiciled or with a registered office in the European Economic Area will be restricted by such laws and no such marketing shall take place except as permitted by such laws. In particular, marketing of AIFs will only be permitted where the relevant AIF’s AIFM (as defined in AIFMD) has complied with certain registration and other formalities in relevant member states. Investors should inform themselves as to the countries where these formalities have been completed in respect of any relevant Ashmore fund, and for that purpose such information is set out on each relevant fund page on this website.

Non U.S. Person Representation

The following information contained in this website is not available to U.S. persons or persons acting on their behalf, and the funds described therein are not being offered in the United States or to U.S. persons. Therefore, by accepting this disclaimer, you represent, warrant and covenant to Ashmore that you are not a U.S. Person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) or acting for the account or benefit of a U.S. Person; and you will not make the information available to any such U.S. Person. You further covenant that you will immediately cease any use of the information for any purpose if any of the foregoing representations is no longer true.

Risk Warnings

Emerging market funds carry risks as well as rewards and you should always bear the following in mind: the value of investments and the income from them may go down as well as up and you may not get back the amount you originally invested; past performance is not a reliable indicator of future results; emerging markets are volatile and may suffer from liquidity problems; changes in rates of exchange between currencies may cause the value of or income from investments to decrease or increase; and funds which specialise in a particular region or sector are more risky than those which hold a very broad spread of investments. The offering documents or other formative documentation contain more detailed risk warnings relevant to the particular Ashmore fund.

Data Protection

Any information that may be provided by you to Ashmore through the website will be held in confidence by Ashmore and will not be disclosed to third parties, other than to the Ashmore funds and any person who provides professional, legal accounting advice or other services to Ashmore or the Ashmore funds, who will use such information in the course of providing advice or other services to you and for the purposes that we specify. All such companies are required to maintain the confidentiality of such information to the extent they receive it.

We may also disclose your personal information to fulfil your instructions, to protect our rights and interests, or pursuant to your express consent.

Notwithstanding anything to the contrary contained herein, we may disclose your personal information or any portions thereof (a) as required by, or to comply with, applicable law, regulation, court process or other statutory requirement; and (b) at the request of any regulatory, supervisory or governmental authorities.

Your details may be used by Ashmore and the Ashmore funds to send you information on other products and services that we offer. If you prefer not to receive such information, please advise us by email to ashmail@ashmoregroup.com.

Further information on how your personal information is used is contained in our Cookie Policy and our Privacy Policy.

You are entitled to a copy of the information we hold about you by writing to us and requesting it. There is a fee for this service.

Telephone calls may be recorded for compliance, training or investment purposes.

Intellectual Property Rights

This website contains various materials including text, photographs and other images, which are protected by copyright and/or other intellectual property rights. All copyright (and any other intellectual property rights) in this website and these materials is either owned by Ashmore or an Ashmore group company or is used by us under licence.

This website also contains various trade marks. All “ASHMORE” trade marks included on this website belong to Ashmore.

You are permitted to browse any part of this website and to reproduce pages of this website by printing-off or downloading to a hard disk such pages but in each case only for non-commercial and personal use. You do not have the right to use the materials contained in this website (or any copyright or other intellectual property rights within these materials) in any other way or for any other purpose except with our prior written consent.

Internet

Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Ashmore accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

Links

When leaving this website via a link to another website you may lose any regulatory protection provided under the FSMA 2000. Ashmore does not endorse or approve any material on other websites and accepts no responsibility for such material, services or products offered by such sites. No third party is permitted to link any other website to this website without Ashmore's prior written consent.

Terms & Conditions - UK and Europe Retail

Please read this page before proceeding as it sets out important legal and regulatory information about the material contained in this website (which Ashmore may, without notice, change).

By accessing any page of this website, you agree to be bound by the terms below. If you do not agree to such terms, you should exit the website. This page is designed to prevent unsuitable categories of investor from accessing the website and as such Ashmore cannot be responsible for any misrepresentations you may make in gaining access to the website.

Introduction

Ashmore Investment Management Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Management Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 3344281.

Ashmore Investment Advisors Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Advisors Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 08723494.

Ashmore Investment Management (Ireland) Limited, 32 Molesworth Street, Dublin 2, Ireland is authorised and regulated by the Central Bank of Ireland as management company and principle sales agent for the Ashmore SICAV.

Ashmore SICAV (société d’investissement à capital variable) are Luxembourg-domiciled funds recognised in the UK under Section 264 of the Financial Services and Markets Act 2000. Management company: Ashmore Investment Management (Ireland) Limited, 32 Molesworth Street, Dublin 2, Ireland is authorised and regulated by the Central Bank of Ireland.

This website contains information about a number of different funds managed by Ashmore Investment Management Limited, Ashmore Investment Advisors Limited and certain of their affiliates ("Ashmore"). Different types of fund or investment present different levels and types of risk.

Access to the information contained in this website in certain countries may be restricted by law and persons who access it are required to inform themselves of, and to comply with, any such restrictions. The information included herein is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. By accessing this website you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of investment management services and products and you warrant and represent that you will not pass on or utilise the information contained in this website in a manner that could constitute a breach of such laws by Ashmore or any other person.

Many of the protections provided by the United Kingdom regulatory structure may not apply to investments in Ashmore funds, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service.

No offer, promotion or solicitation

Units or shares in any Ashmore fund are not available for sale in any jurisdiction in which such a sale would be prohibited and/or where such fund has not been approved for sale. Nothing contained in this website constitutes or forms part of any offer to sell or buy an investment, or any solicitation of such an offer in any jurisdiction in which such offer or solicitation would be unlawful. If you are in any doubt as to whether you are permitted to invest in Ashmore funds, please contact your financial adviser who will discuss the suitability of such an investment with you.

Persons resident outside the United Kingdom should consult their professional advisers as to whether they require any consents or need to observe any other formalities before they can invest in the products described in this website. Persons resident outside of the United Kingdom should also refer to the offering document of the relevant Ashmore fund for further specific jurisdictional information.

Subscriptions for shares or units in any of the Ashmore funds will only be made on the basis of the current offering document and other formative documentation for the relevant Ashmore fund.

The information contained in this website does not constitute or form part of any offer to sell, purchase, subscribe for or otherwise invest in units or shares of any Ashmore fund. Any products or services referred to in this website are subject to the legal and regulatory requirements applicable in the jurisdiction where the investor is resident. The information contained in this website does not constitute any form of investment, financial, legal or tax advice and prospective investors should obtain appropriate independent professional advice before making any investment in any Ashmore fund.

Exclusion of liability

Ashmore has taken reasonable care to ensure that all the information contained in this website is accurate, secure and up to date, but no representations or warranties (express or implied) are given as to the reliability, accuracy and completeness of the information. You should check the accuracy of such information before relying on it in any way. Save to the extent that exclusion of liability is prohibited by law or regulation, Ashmore, its officers, employees, representatives, affiliates and agents accept no liability in any respect for any loss or damage, whether direct, indirect, consequential or otherwise (including loss of profit) arising out of or in connection with this website or its contents or any subsequent subscription into an Ashmore fund and whether arising as a result of Ashmore's negligence or otherwise. However, Ashmore does not exclude or restrict any liability it may have to clients under the FSMA 2000 or Financial Conduct Authority rules.

AIFMD

Each member state of the European Economic Area is adopting or has adopted legislation implementing the European Directive on Alternative Investment Fund Managers (Directive 2011/61/EU) (“AIFMD”). Under AIFMD, marketing of products that constitute AIFs (as defined in AIFMD) to any investor domiciled or with a registered office in the European Economic Area will be restricted by such laws and no such marketing shall take place except as permitted by such laws. In particular, marketing of AIFs will only be permitted where the relevant AIF’s AIFM (as defined in AIFMD) has complied with certain registration and other formalities in relevant member states. Investors should inform themselves as to the countries where these formalities have been completed in respect of any relevant Ashmore fund, and for that purpose such information is set out on each relevant fund page on this website.

Non U.S. Person Representation

The following information contained in this website is not available to U.S. persons or persons acting on their behalf, and the funds described therein are not being offered in the United States or to U.S. persons. Therefore, by accepting this disclaimer, you represent, warrant and covenant to Ashmore that you are not a U.S. Person (as defined in Regulation S under the U.S. Securities Act of 1933, as amended) or acting for the account or benefit of a U.S. Person; and you will not make the information available to any such U.S. Person. You further covenant that you will immediately cease any use of the information for any purpose if any of the foregoing representations is no longer true.

Risk Warnings

Emerging market funds carry risks as well as rewards and you should always bear the following in mind: the value of investments and the income from them may go down as well as up and you may not get back the amount you originally invested; past performance is not a reliable indicator of future results; emerging markets are volatile and may suffer from liquidity problems; changes in rates of exchange between currencies may cause the value of or income from investments to decrease or increase; and funds which specialise in a particular region or sector are more risky than those which hold a very broad spread of investments. The offering documents or other formative documentation contain more detailed risk warnings relevant to the particular Ashmore fund.

Data Protection

Any information that may be provided by you to Ashmore through the website will be held in confidence by Ashmore and will not be disclosed to third parties, other than to the Ashmore funds and any person who provides professional, legal accounting advice or other services to Ashmore or the Ashmore funds, who will use such information in the course of providing advice or other services to you and for the purposes that we specify. All such companies are required to maintain the confidentiality of such information to the extent they receive it.

We may also disclose your personal information to fulfil your instructions, to protect our rights and interests, or pursuant to your express consent.

Notwithstanding anything to the contrary contained herein, we may disclose your personal information or any portions thereof (a) as required by, or to comply with, applicable law, regulation, court process or other statutory requirement; and (b) at the request of any regulatory, supervisory or governmental authorities.

Your details may be used by Ashmore and the Ashmore funds to send you information on other products and services that we offer. If you prefer not to receive such information, please advise us by email to ashmail@ashmoregroup.com.

Further information on how your personal information is used is contained in our Cookie Policy and our Privacy Policy.

You are entitled to a copy of the information we hold about you by writing to us and requesting it. There is a fee for this service.

Telephone calls may be recorded for compliance, training or investment purposes.

Intellectual Property Rights

This website contains various materials including text, photographs and other images, which are protected by copyright and/or other intellectual property rights. All copyright (and any other intellectual property rights) in this website and these materials is either owned by Ashmore or an Ashmore group company or is used by us under licence.

This website also contains various trade marks. All “ASHMORE” trade marks included on this website belong to Ashmore.

You are permitted to browse any part of this website and to reproduce pages of this website by printing-off or downloading to a hard disk such pages but in each case only for non-commercial and personal use. You do not have the right to use the materials contained in this website (or any copyright or other intellectual property rights within these materials) in any other way or for any other purpose except with our prior written consent.

Internet

Errors, omissions, interruptions and delays of services may occur at any time on the internet as it is not a totally reliable or secure medium of communication. Ashmore accepts no liability for the consistency, security and confidentiality of any information sent over the internet and any transmissions over the internet are entirely at the user's risk.

Links

When leaving this website via a link to another website you may lose any regulatory protection provided under the FSMA 2000. Ashmore does not endorse or approve any material on other websites and accepts no responsibility for such material, services or products offered by such sites. No third party is permitted to link any other website to this website without Ashmore's prior written consent.

Terms & Conditions - USA Institutions & Intermediaries

Please read this page before proceeding as it sets out important legal and regulatory information about the material contained in this website (which Ashmore may, without notice, change).

By accessing any page of this website, you agree to be bound by the terms below. If you do not agree to such terms, you should exit the website. This page is designed to prevent unsuitable categories of investor from accessing the website and as such Ashmore cannot be responsible for any misrepresentations you may make in gaining access to the website.

Introduction

Ashmore Investment Management Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Management Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 3344281.

Ashmore Investment Advisors Limited is authorised and regulated by the Financial Conduct Authority. Ashmore Investment Advisors Limited is incorporated in England and Wales with registered office at 61 Aldwych, London WC2B 4AE, United Kingdom and registered number 08723494.

Ashmore Investment Management (Ireland) Limited, 32 Molesworth Street, Dublin 2, Ireland is authorised and regulated by the Central Bank of Ireland as management company and principle sales agent for the Ashmore SICAV.

This website contains information about a number of different funds managed by Ashmore Investment Management Limited, Ashmore Investment Advisors Limited and certain of their affiliates ("Ashmore"). Different types of fund or investment present different levels and types of risk.

Access to the information contained in this website in certain countries may be restricted by law and persons who access it are required to inform themselves of, and to comply with, any such restrictions. The information included herein is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. By accessing this website you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of investment management services and products and you warrant and represent that you will not pass on or utilise the information contained in this website in a manner that could constitute a breach of such laws by Ashmore or any other person.

Many of the protections provided by the United Kingdom regulatory structure may not apply to investments in Ashmore funds, including access to the Financial Services Compensation Scheme and the Financial Ombudsman Service.

No offer, promotion or solicitation

Units or shares in any Ashmore fund are not available for sale in any jurisdiction in which such a sale would be prohibited and/or where such fund has not been approved for sale. Nothing contained in this website constitutes or forms part of any offer to sell or buy an investment, or any solicitation of such an offer in any jurisdiction in which such offer or solicitation would be unlawful. If you are in any doubt as to whether you are permitted to invest in Ashmore funds, please contact your financial adviser who will discuss the suitability of such an investment with you.

Persons resident outside the United Kingdom should consult their professional advisers as to whether they require any consents or need to observe any other formalities before they can invest in the products described in this website. Persons resident outside of the United Kingdom should also refer to the offering document of the relevant Ashmore fund for further specific jurisdictional information.

Subscriptions for shares or units in any of the Ashmore funds will only be made on the basis of the current offering document and other formative documentation for the relevant Ashmore fund.

The information contained in this website does not constitute or form part of any offer to sell, purchase, subscribe for or otherwise invest in units or shares of any Ashmore fund. Any products or services referred to in this website are subject to the legal and regulatory requirements applicable in the jurisdiction where the investor is resident. The information contained in this website does not constitute any form of investment, financial, legal or tax advice and prospective investors should obtain appropriate independent professional advice before making any investment in any Ashmore fund.

Exclusion of liability

Ashmore has taken reasonable care to ensure that all the information contained in this website is accurate, secure and up to date, but no representations or warranties (express or implied) are given as to the reliability, accuracy and completeness of the information. You should check the accuracy of such information before relying on it in any way. Save to the extent that exclusion of liability is prohibited by law or regulation, Ashmore, its officers, employees, representatives, affiliates and agents accept no liability in any respect for any loss or damage, whether direct, indirect, consequential or otherwise (including loss of profit) arising out of or in connection with this website or its contents or any subsequent subscription into an Ashmore fund and whether arising as a result of Ashmore's negligence or otherwise. However, Ashmore does not exclude or restrict any liability it may have to clients under the FSMA 2000 or Financial Conduct Authority rules.

Many of the products referred to in this website are ‘Unregulated Collective Investment Schemes’ ("UCIS") for the purposes of the Financial Services and Markets Act 2000 ("FSMA"), and are neither recognised nor authorised schemes for the purposes of Part 17 of FSMA. Distribution of promotional materials relating to such UCIS products is restricted by law and may only be lawfully made to persons falling within the exemptions set out in the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2005 or the rules of the FCA. The information provided in this part of the website is only intended for and may only be accessed by institutional investors and investment professionals who satisfy the relevant exemption criteria.

There are significant risks associated with investment in the Ashmore funds outlined in this website. Investment in Unregulated Collective Investment Schemes (UCIS) described on this website is intended for sophisticated investors who can understand and accept the risks associated with such an investment including a substantial or complete loss of their investment.

Ashmore's U.S. Mutual Funds are registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Company Act of 1940 ("1940 Act Funds") and are investments for U.S. investors only.

Please read this page before proceeding as it sets out important legal and regulatory information about the material contained in this website (which Ashmore may, without notice, change).

By accessing any page of this website, you agree to be bound by the terms below. If you do not agree to such terms, you should exit the website. This page is designed to prevent unsuitable categories of investor from accessing the website and as such Ashmore cannot be responsible for any misrepresentations you may make in gaining access to the website.

Before investing you should carefully consider the Funds' investment objectives, risk, charges, and expenses. This and other information is in the prospectus, a copy of which may be obtained from: Ashmore Investment Management (U.S.) Corp, 475 Fifth Avenue, 15th Floor, New York, NY 10017, or by calling Northern Trust, the transfer agent, at 1-866-876-8294. Please read the prospectus carefully before you invest.

This should not be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.

INVESTMENT CONSIDERATIONS: There can be no guarantee that any strategy will be successful. All investing involves risk, including the potential loss of principal. Certain risks related to an investment in the Funds are summarized below:

Foreign Investment & Emerging Markets Risk: Foreign investments can be riskier than U.S. investments. Potential risks include currency risk that may result from unfavorable exchange rates, liquidity risk if decreased demand for a security makes it difficult to sell at the desired price, and risks that stem from substantially lower trading volume on foreign markets. These risks are generally greater for investments in emerging markets, which are also subject to greater price volatility, and custodial and regulatory risks.

Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities. The net asset value per share of this fund will fluctuate as the value of the securities in the portfolio changes.

Bond Funds will tend to experience smaller fluctuations in value than stock funds. However, investors in any bond fund should anticipate fluctuations in price, especially for longer-term issues and in environments of rising interest rates. Interest rate risk is the risk that the values of the debt securities and other instruments in a fund’s portfolio will decline because of increases in interest rates, which can adversely affect the fund’s performance.

Small Cap: Small-capitalization funds typically carry additional risks since smaller companies generally have a higher risk of failure. Their stocks are subject to a greater degree of volatility, trade in lower volume and may be less liquid.

Non-Diversified Risk: The fund is non-diversified, so it may be more exposed to the risks associated with individual issuers than a diversified fund.

Derivatives Risk: Investments in derivatives can be volatile. Potential risks include currency risk, leverage risk (the risk that small market movements may result in large changes in the value of an investment), liquidity risk, index risk, pricing risk, and counterparty risk (the risk that the counterparty may be unwilling or unable to honor its obligations).

The Ashmore funds which are not 1940 Act Funds are not available for distribution to or investment by United States investors. The units/shares of the Ashmore funds will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and are not directly or indirectly offered or sold in the United States or any of its territories or possessions or areas subject to its jurisdiction, or to or for the benefit of a natural person resident in the United States or any other U.S. Person (as defined in Regulation S under the Securities Act).