Ashmore Emerging Markets Active Eq A (EMQAX)
Ashmore Emerging Markets Active Eq A operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $10.87, up 0.02% on the session, giving a market capitalisation of $14.4M. Its beta of 1.06 implies it has historically moved more than the broad market.
The fund seeks to achieve its objective by investing principally in equity securities and equity-related investments of Emerging Market Issuers, which may be denominated in any currency, including the local currency of the issuer. It observes a policy to normally invest at least 80% of its net assets (plus borrowings made for investment purposes) in equity securities of Emerging Market Issuers. The fund's investments in derivatives and other synthetic instruments that have economic characteristics similar to these instruments will be counted toward the fund's 80% investment policy.
Ashmore Emerging Markets Active Eq A is most often compared with the following Financial Services names: