Morningstar Fund Report  | 13/04/2025Print

Ashmore SICAV Emerging Markets Frontier Equity Fund Class Retail GBP Inc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Ashmore SICAV Emerging Markets Frontier Equity Fund Class Retail GBP Inc
Fund23.1-17.28.823.00.4
+/-Cat-----
+/-B’mrk-----
 
Category: Other Equity
Category Benchmark: -
Key Stats
NAV
10/04/2025		 GBP 138.05
Day Change 0.97%
Morningstar Category™ Other Equity
IA (formerly IMA) Sector -
ISIN LU0907547185
Fund Size (Mil)
10/04/2025		 USD 125.30
Share Class Size (Mil)
10/04/2025		 GBP 0.20
Max Initial Charge 5.00%
Ongoing Charge
09/02/2024		  2.32%
Investment Objective: Ashmore SICAV Emerging Markets Frontier Equity Fund Class Retail GBP Inc
The Sub-Fund will mainly seek to access the returns available from equities issued by Corporates and Quasi-Sovereigns located in Frontier Emerging Markets, including voting and non-voting common stock, common stock issued to special shareholder classes and preferred stock. Such investments will constitute a minimum of 51% of the Sub-Fund’s investments. The Sub-Fund may also seek access to returns from related synthetic products of all types and denominated in any currency, including depositary receipts, warrants, securities convertible into equity securities, other equity-related investments whose returns vary on the basis of the issuer’s profitability (e.g., participation notes). The Sub-Fund may also seek to access the returns available from securities of other investment companies and including exchange-traded funds (ETFs).
Returns
Trailing Returns (GBP)10/04/2025
YTD-5.12
3 Years Annualised0.98
5 Years Annualised11.07
10 Years Annualised2.44
12 Month Yield 0.02
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Not Disclosed
08/11/2018
Inception Date
14/06/2013

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI F&S EM Countries Cap NR USD-
Portfolio Profile for  Ashmore SICAV Emerging Markets Frontier Equity Fund Class Retail GBP Inc31/12/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.200.0095.20
Bond0.000.000.00
Property0.000.000.00
Cash4.800.004.80
Other0.000.000.00
Top 5 Regions%
Asia - Emerging43.69
Middle East34.04
Europe - Emerging6.43
Africa4.77
Eurozone3.61
Top 5 Sectors%
Financial Services45.58
Technology15.24
Real Estate11.10
Energy6.38
Industrials5.99
Top 5 HoldingsSector%
Kaspi.kz JSC ADSTechnologyTechnology5.81
FPT CorpTechnologyTechnology5.39
Banca Transilvania SAFinancial ServicesFinancial Services3.79
Emaar Properties PJSCReal EstateReal Estate3.62
Gulf Bank KSCFinancial ServicesFinancial Services3.61
Increase Decrease New since last portfolio
Ashmore SICAV Emerging Markets Frontier Equity Fund Class Retail GBP Inc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Ashmore SICAV Emerging Markets Frontier Equity Fund Class Retail GBP Inc
Category:  Other Equity
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-20.4111.18-6.6623.06-17.178.7922.950.44
+/- Category--------
+/- Category Index--------
% Rank in Category-
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.97   --
1 Week-3.66   --
1 Month-5.59   --
3 Months-3.72   --
6 Months-5.33   --
YTD-5.12   --
1 Year3.78   --
3 Years Annualised0.98   --
5 Years Annualised11.07   --
10 Years Annualised2.44   --
 
Category: Other Equity
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20250.44---
202412.503.417.07-1.29
20230.664.211.761.91
20220.71-12.94-2.91-2.70
20213.6812.443.082.41
2020-30.0210.985.4014.03
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Other EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.84 %
3-Yr Mean Return4.22 %
 
3-Yr Sharpe Ratio0.01
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Morningstar UK Mod Adv Tgt Alloc NR GBP
3-Yr Beta-1.10
3-Yr Alpha--1.26
 
Investment Style Details31/12/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 6988-
Market Capitalisation% of Equity
Giant2.28
Large50.39
Medium30.48
Small15.26
Micro1.60
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings6.580.42
Price/Book1.480.64
Price/Sales2.391.27
Price/Cash Flow8.570.88
Dividend-Yield Factor4.761.89
 
Long-Term Projected Earnings Growth9.430.94
Historical Earnings Growth13.632.03
Sales Growth1.590.31
Cash-Flow Growth23.463.30
Book-Value Growth-8.29-2.60
 
Category: Other Equity
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock95.200.0095.20
Bond0.000.000.00
Property0.000.000.00
Cash4.800.004.80
Other0.000.000.00
World Regions31/12/2024
 % of EquityRelative to Category
United States1.490.03
Canada2.940.40
Latin America1.401.19
United Kingdom0.000.00
Eurozone3.610.29
Europe - ex Euro1.630.38
Europe - Emerging6.432.60
Africa4.773.62
Middle East34.0412.95
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging43.696.51
 
Category: Other Equity
Sector Weightings31/12/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials4.890.33
Consumer CyclicalConsumer Cyclical5.650.62
Financial ServicesFinancial Services45.582.80
Real EstateReal Estate11.104.27
Consumer DefensiveConsumer Defensive0.790.13
HealthcareHealthcare3.810.46
UtilitiesUtilities0.580.14
EnergyEnergy6.381.82
IndustrialsIndustrials5.990.50
TechnologyTechnology15.240.91
 
Category: Other Equity
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings52
Total Number of Bond Holdings0
Assets in Top 10 Holdings37.88
NameSectorCountry% of Assets
Kaspi.kz JSC ADS311Kazakhstan5.81
FPT Corp311Vietnam5.39
Banca Transilvania SA103Romania3.79
Emaar Properties PJSC104United Arab Emirates3.62
Gulf Bank KSC103Kuwait3.61
National Bank of Kuwait SAK103Kuwait3.41
Doha Bank QSC103Qatar3.27
Halyk Bank of Kazakhstan JSC Shs Spon... 103Kazakhstan3.01
Qatar National Bank SAQ103Qatar3.00
BDO Unibank Inc103Philippines2.97
 
Increase Decrease New since last portfolio
Category: Other Equity
 
Management
Name of CompanyAshmore Investment Management (Ireland) Limited
Phone-
Website -
Address32 Molesworth Street
 Dublin   -
 Ireland
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date14/06/2013
Fund Advisor(s)
Ashmore Investment Management Limited
Fund ManagerNot Disclosed
Manager Start Date08/11/2018
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.75%
Ongoing Charge2.32%
Purchase Details
Minimum Investments
Initial3000  GBP
Additional300  GBP
Savings-
Tax Free Savings Schemes
ISAsYes