ELBIX Performance — Ashmore Emerging Markets Local Currency Bond Fund, Institutional Class
Data updated: 2026-08-25
ELBIX returned +0.23% year to date and +11.25% over one year to Apr 2026. Annualised returns are +7.05% over 3 years and +2.54% over 5 years. The fund trailed its Emerging Markets Bond category average: $100 invested three years ago grew to $123, against $129 for the category, and to $111 over one year, against $113. Volatility over the past three years was 9.50% a year. In the 12 months to Apr 2026 the fund took in a net $151K, and assets reached $9.89M.
ELBIX Growth of $100
What $100 invested in Ashmore Emerging Markets Local Currency Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | ELBIX | Category average |
|---|---|---|
| 1 year (May 2025 – Apr 2026) | $111 | $113 |
| 3 years (May 2023 – Apr 2026) | $123 | $129 |
| 5 years (May 2021 – Apr 2026) | $113 | $116 |
| Since data start (Aug 2019 – Apr 2026) | $112 | $122 |
ELBIX Trailing Returns
Total returns to Apr 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.23% |
| 1 year | +11.25% |
| 3 years (annualised) | +7.05% |
| 5 years (annualised) | +2.54% |
ELBIX Annual Returns
Calendar-year total returns of Ashmore Emerging Markets Local Currency Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Apr) | +0.23% |
| 2025 | +19.15% |
| 2024 | −4.28% |
| 2023 | +13.84% |
| 2022 | −9.86% |
| 2021 | −9.56% |
| 2020 | +2.66% |
| 2019 (Aug–Dec) | +3.03% |
ELBIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.1% | +1.5% | −6.2% | +3.0% | — | — | — | — | — | — | — | — |
| 2025 | +2.2% | +0.3% | +1.6% | +3.1% | +1.5% | +3.4% | −1.6% | +2.6% | +1.4% | +0.4% | +1.3% | +1.6% |
| 2024 | −1.9% | −0.6% | −0.3% | −2.8% | +2.2% | −1.7% | +2.5% | +3.2% | +3.4% | −5.1% | −0.9% | −2.0% |
| 2023 | +4.1% | −3.8% | +4.8% | +1.0% | −1.2% | +3.7% | +2.7% | −2.9% | −4.0% | −0.6% | +5.9% | +4.0% |
| 2022 | 0.0% | −2.9% | −2.6% | −5.5% | +1.7% | −4.6% | −0.2% | −0.2% | −4.4% | +0.5% | +6.6% | +1.9% |
| 2021 | −2.9% | −2.7% | −3.5% | +2.6% | +2.7% | −0.8% | −1.1% | +1.1% | −3.4% | −1.2% | −2.5% | +2.0% |
| 2020 | −1.4% | −3.3% | −13.7% | +3.9% | +6.3% | +0.6% | +3.0% | −0.4% | −2.3% | +0.7% | +6.3% | +4.6% |
| 2019 | — | — | — | — | — | — | — | −3.7% | +1.5% | +2.8% | −2.1% | +4.7% |
ELBIX Risk
Risk measures from monthly returns over May 2023 – Apr 2026.
- 3-year volatility (annualised): 9.50%
- 3-year Sharpe ratio: 0.27 (vs 4.5% risk-free rate)
- Best month: +5.90% (Nov 2023)
- Worst month: −6.16% (Mar 2026)
ELBIX Fund Flows
Monthly money in and out of Ashmore Emerging Markets Local Currency Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $151K
- 12-month gross sales (incl. reinvestments): $744K
- Sales ÷ redemptions: 1.25×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2026 | $56K | $33K | $23K |
| Mar 2026 | $60K | $0 | $60K |
| Feb 2026 | $200K | $200K | $0 |
| Jan 2026 | $25K | $57K | −$32K |
| Dec 2025 | $181K | $0 | $181K |
| Nov 2025 | $10K | $158K | −$148K |
| Oct 2025 | $212K | $0 | $212K |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $0 | $4K | −$4K |
| Jul 2025 | $0 | $26K | −$26K |
| Jun 2025 | $0 | $11K | −$11K |
| May 2025 | $0 | $104K | −$104K |
ELBIX Assets Under Management
Net assets of Ashmore Emerging Markets Local Currency Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-04-30 | $9.89M |
| 2026-01-30 | $10.07M |
| 2025-10-31 | $9.84M |
| 2025-07-31 | $9.51M |
| 2025-04-30 | $9.35M |
| 2025-01-31 | $9.04M |
| 2024-10-31 | $9.35M |
| 2024-07-31 | $9.83M |
| 2024-04-30 | $10.71M |
| 2024-01-31 | $11.15M |
| 2023-10-31 | $10.31M |
| 2023-07-31 | $11.45M |
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.