IGIEX Fees and Costs — Ashmore Emerging Markets Debt Fund, Institutional Class
Data updated: 2026-09-28
The net expense ratio is 0.74%: a 0.65% management fee plus 0.79% other expenses, less a 0.70% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 30%.
IGIEX Fees and Expenses
Annual operating expenses and sales charges of IGIEX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.79% |
| Gross expense ratio | 1.44% |
| Fee waiver | −0.70% |
| Net expense ratio | 0.74% |
| 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 |
IGIEX Costs Over Time
On $10,000 invested in IGIEX, assuming 5% a year before costs, total costs come to $465 over 5 years, cutting the return by 0.78% 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 0.74%) | $78 | $243 | $423 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $255 | $465 |
| Value after costs | $10,422 | $11,321 | $12,298 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
IGIEX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
IGIEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $3.5M | 24.10% |
| CITIGROUP GLOBAL MARKETS LIMITED | $2.8M | 19.42% |
| MERRILL LYNCH INTERNATIONAL LTD | $2.2M | 15.32% |
| JPMorgan Chase Bank, National Association | $1.1M | 7.57% |
| NATWEST MARKETS PLC | $1.1M | 7.35% |
| BARCLAYS BANK PLC | $982K | 6.72% |
| GOLDMAN SACHS INTERNATIONAL | $819K | 5.60% |
| Nomura International PLC | $725K | 4.95% |
| BANCO POPULAR ESPANOL, S.A. | $678K | 4.63% |
| BNP PARIBAS | $635K | 4.34% |
Ashmore Emerging Markets Debt Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| IGIEX | Institutional Class | 0.74% | none |
| IGAEX | Class A | 0.92% | 4.00% |
| IGCEX | Class C | 1.67% | 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.