ECIEX Performance — Ashmore Emerging Markets Corporate Income ESG Fund, Institutional Class
Data updated: 2024-09-26
ECIEX returned +5.95% over one year to Jul 2024. The annualised 3-year return is −8.01%. The fund trailed its Ultrashort Corporate Bond category average: $100 invested three years ago grew to $78, against $113 for the category, and to $106 over one year, against $108. Volatility over the past three years was 9.35% a year. In the 12 months to Jul 2024 the fund lost a net $7.3M, and assets reached $0.
ECIEX Growth of $100
What $100 invested in Ashmore Emerging Markets Corporate Income ESG Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | ECIEX | Category average |
|---|---|---|
| 1 year (Aug 2023 – Jul 2024) | $106 | $108 |
| 3 years (Aug 2021 – Jul 2024) | $78 | $113 |
| Since data start (Feb 2021 – Jul 2024) | $78 | $115 |
ECIEX Trailing Returns
Total returns to Jul 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +5.95% |
| 3 years (annualised) | −8.01% |
ECIEX Annual Returns
Calendar-year total returns of Ashmore Emerging Markets Corporate Income ESG Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jul) | +2.56% |
| 2023 | +3.25% |
| 2022 | −21.56% |
| 2021 (Feb–Dec) | −6.45% |
ECIEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.7% | +1.0% | +1.2% | −1.1% | +1.2% | −0.5% | 0.0% | — | — | — | — | — |
| 2023 | +2.3% | −2.3% | −0.9% | +0.2% | −1.2% | +0.9% | +1.1% | 0.0% | −1.6% | −2.4% | +3.8% | +3.7% |
| 2022 | −3.2% | −7.8% | −3.2% | −3.0% | −1.8% | −5.4% | +0.8% | −0.1% | −5.2% | −2.0% | +4.6% | +3.0% |
| 2021 | — | 0.0% | −1.5% | +1.4% | +1.1% | +0.1% | −1.2% | +1.3% | −3.4% | −3.7% | −1.1% | +0.5% |
ECIEX Risk
Risk measures from monthly returns over Aug 2021 – Jul 2024.
- 3-year volatility (annualised): 9.35%
- 3-year Sharpe ratio: -1.34 (vs 4.5% risk-free rate)
- Best month: +4.64% (Nov 2022)
- Worst month: −7.82% (Feb 2022)
ECIEX Fund Flows
Monthly money in and out of Ashmore Emerging Markets Corporate Income ESG Fund, from SEC Form N-PORT.
- 12-month net flow: −$7.3M
- 12-month gross sales (incl. reinvestments): $207K
- Sales ÷ redemptions: 0.03×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2024 | $0 | $0 | $0 |
| Jun 2024 | $14K | $7.5M | −$7.5M |
| May 2024 | $24K | $0 | $24K |
| Apr 2024 | $23K | $0 | $23K |
| Mar 2024 | $20K | $0 | $20K |
| Feb 2024 | $22K | $0 | $22K |
| Jan 2024 | $25K | $0 | $25K |
| Dec 2023 | $24K | $0 | $24K |
| Nov 2023 | $22K | $1K | $21K |
| Oct 2023 | −$19K | $0 | −$19K |
| Sep 2023 | $26K | $0 | $26K |
| Aug 2023 | $27K | $0 | $27K |
ECIEX Assets Under Management
Net assets of Ashmore Emerging Markets Corporate Income ESG Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-07-31 | $0 |
| 2024-04-30 | $7.44M |
| 2024-01-31 | $7.38M |
| 2023-10-31 | $6.83M |
| 2023-07-31 | $7.19M |
| 2023-04-28 | $7.14M |
| 2023-01-31 | $7.37M |
| 2022-10-31 | $6.72M |
| 2022-07-29 | $7.26M |
| 2022-04-29 | $7.77M |
| 2022-01-31 | $8.98M |
| 2021-10-29 | $9.36M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.