EMFIX Fees and Costs — Ashmore Emerging Markets Equity Fund, Institutional Class
Data updated: 2026-09-28
The net expense ratio is 1.05%: a 1.00% management fee plus 0.40% other expenses, less a 0.35% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $132K in broker commissions, 0.0727% of average net assets, and portfolio turnover was 69%.
EMFIX Fees and Expenses
Annual operating expenses and sales charges of EMFIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.40% |
| Fee waiver | −0.35% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
EMFIX Costs Over Time
On $10,000 invested in EMFIX, assuming 5% a year before costs, total costs come to $701 over 5 years, cutting the return by 1.18% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.05%) | $110 | $344 | $595 |
| Trading costs (broker commissions) | $8 | $24 | $41 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $386 | $701 |
| Value after costs | $10,382 | $11,191 | $12,062 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
EMFIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0727%
- Total broker commissions: $132K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 69%
- Securities lending: none during the year
EMFIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $40K | 31.87% |
| CLSA (UK) | $27K | 21.20% |
| UBS AG LONDON BRANCH | $20K | 15.84% |
| HSBC SECURITIES (USA) INC. | $13K | 10.45% |
| J.P. MORGAN SECURITIES LLC | $11K | 8.52% |
| Viet Capital Securities Joint Stock Comp | $6K | 4.52% |
| MERRILL LYNCH INTERNATIONAL LTD | $4K | 3.51% |
| Joh. Berenberg, Gossler & Co. KG | $2K | 1.51% |
| EDELWEISS SECURITIES LIMITED | $2K | 1.28% |
| ITAU BBA USA SECURITIES, INC. | $2K | 1.28% |
Ashmore Emerging Markets Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EMFIX | Institutional Class | 1.05% | none |
| EMEAX | Class A | 1.30% | 5.25% |
| EMECX | Class C | 2.05% | none |
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.