EMXIX Fees and Costs — Ashmore Emerging Markets Equity ex China Fund, Institutional Class
Data updated: 2026-09-28
The net expense ratio is 1.05%: a 1.00% management fee plus 2.88% other expenses, less a 2.83% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0592% of average net assets, and portfolio turnover was 63%.
EMXIX Fees and Expenses
Annual operating expenses and sales charges of EMXIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.88% |
| Gross expense ratio | 3.88% |
| Fee waiver | −2.83% |
| 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 |
EMXIX Costs Over Time
On $10,000 invested in EMXIX, assuming 5% a year before costs, total costs come to $692 over 5 years, cutting the return by 1.16% 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) | $6 | $19 | $34 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $116 | $381 | $692 |
| Value after costs | $10,384 | $11,195 | $12,071 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
EMXIX 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): 0.0592%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 63%
- Securities lending: none during the year
EMXIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CLSA (UK) | $1K | 26.77% |
| MORGAN STANLEY & CO. LLC | $1K | 23.31% |
| J.P. MORGAN SECURITIES LLC | $542 | 12.46% |
| HSBC SECURITIES (USA) INC. | $532 | 12.23% |
| UBS AG LONDON BRANCH | $299 | 6.89% |
| Viet Capital Securities Joint Stock Comp | $284 | 6.53% |
| MERRILL LYNCH INTERNATIONAL LTD | $250 | 5.75% |
| EDELWEISS SECURITIES LIMITED | $109 | 2.52% |
| Joh. Berenberg, Gossler & Co. KG | $92 | 2.12% |
| SSI SECURITIES CORPORATION | $62 | 1.42% |
Ashmore Emerging Markets Equity ex China Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EMXIX | Institutional Class | 1.05% | none |
| EMXAX | Class A | 1.27% | 5.25% |
| EMXCX | 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.