EMQIX Fees and Costs — Ashmore Emerging Markets Active Equity Fund, Institutional Class
Data updated: 2026-06-25
The net expense ratio is 1.06%: a 1.00% management fee plus 0.93% other expenses, less a 0.87% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $35K in broker commissions, 0.1808% of average net assets, and portfolio turnover was 209%.
EMQIX Fees and Expenses
Annual operating expenses and sales charges of EMQIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.93% |
| Gross expense ratio | 1.93% |
| Fee waiver | −0.87% |
| Net expense ratio | 1.06% |
| 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 |
EMQIX Costs Over Time
On $10,000 invested in EMQIX, assuming 5% a year before costs, total costs come to $772 over 5 years, cutting the return by 1.30% 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 1.06%) | $111 | $346 | $599 |
| Trading costs (broker commissions) | $19 | $59 | $102 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $426 | $772 |
| Value after costs | $10,370 | $11,151 | $11,990 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
EMQIX 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): 0.1808%
- Total broker commissions: $35K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 209%
- Securities lending: none during the year
EMQIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $9K | 27.28% |
| CLSA (UK) | $9K | 25.30% |
| HSBC SECURITIES (USA) INC. | $8K | 22.47% |
| J.P. MORGAN SECURITIES LLC | $6K | 18.50% |
| UBS AG LONDON BRANCH | $883 | 2.54% |
| Joh. Berenberg, Gossler & Co. KG | $568 | 1.64% |
| ITAU BBA USA SECURITIES, INC. | $449 | 1.29% |
| MERRILL LYNCH INTERNATIONAL LTD | $215 | 0.62% |
| BRADESCO SECURITIES, INC. | $69 | 0.20% |
| JEFFERIES INTERNATIONAL LTD | $55 | 0.16% |
Ashmore Emerging Markets Active 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 |
|---|---|---|---|
| EMQIX | Institutional Class | 1.06% | none |
| EMQAX | Class A | 1.31% | 5.25% |
| EMQCX | Class C | 2.02% | 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.