Ashmore Emerging Markets Equity Fund - Institutional Class (EMFIX)
Ashmore Emerging Markets Equity Fund - Institutional Class operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.91, up 1.02% on the session, giving a market capitalisation of $346.8M. Its beta of 1.17 implies it has historically moved more than the broad market.
This fund strives to fulfill its mandate by chiefly investing in equities and equity-related financial products of Emerging Market Issuers. These holdings can be denominated in any currency, including the issuer's own local currency. An entity is categorized as an Emerging Market Issuer if it is domiciled in an Emerging Market Country, or if it earns at least half of its revenue or profits from operations (such as producing, selling, investing, or providing services) within one or more Emerging Market Countries. Additionally, it qualifies if a minimum of 50% of its assets are located in such nations.
Ashmore Emerging Markets Equity Fund - Institutional Class is most often compared with the following Financial Services names: