ESFAX Fees and Costs — Ashmore Emerging Markets Short Duration Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 1.55%: a 0.65% management fee, a 0.25% 12b-1 fee plus 1.25% other expenses, less a 0.60% fee waiver. This share class carries a maximum front-end sales load of 2.25% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $126 in broker commissions, 0.0004% of average net assets, and portfolio turnover was 38%.
ESFAX Fees and Expenses
Annual operating expenses and sales charges of ESFAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.25% |
| Gross expense ratio | 2.15% |
| Fee waiver | −0.60% |
| Net expense ratio | 1.55% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| Max deferred load | 1.00% |
| 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 |
ESFAX Costs Over Time
On $10,000 invested in ESFAX, assuming 5% a year before costs, total costs come to $1,225 over 5 years, cutting the return by 2.10% 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 |
| Sales charges | $326 | $225 | $225 |
| Fund expenses (net expense ratio 1.55%) | $159 | $494 | $851 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $11 | $60 | $149 |
| Total costs | $496 | $779 | $1,225 |
| Value after costs | $10,004 | $10,798 | $11,538 |
| Impact on return, per year | 4.96% | 2.41% | 2.10% |
ESFAX 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): 0.0004%
- Total broker commissions: $126
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
ESFAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HSBC SECURITIES (USA) INC. | $94 | 74.42% |
| MORGAN STANLEY & CO. LLC | $32 | 25.47% |
| BTG CAPITAL CORP | $0 | 0.11% |
Ashmore Emerging Markets Short Duration Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ESFIX | Institutional Class | 1.31% | none |
| ESFAX | Class A | 1.55% | 2.25% |
| ESFCX | Class C | 2.31% | 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.