Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Ashmore Emerging Markets Debt ClassC IGCEX
- NAV / 1-Day Return 8.57 / +0.25 %
- Total Assets 19.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.670%
- Distribution Fee Level Low
- Share Class Type Level Load
- Category Emerging Markets Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.14%
- Effective Duration —
USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 12:12 AM GMT+0
Morningstar’s Analysis IGCEX
Will IGCEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CURRENCY CONTRACT - USD Purchased | 2.04 | 375,345 | Derivative |
DP World Crescent LTD 3.7495% | 1.81 | 333,474 | Corporate |
Petroleos Mexicanos 7.69% | 1.76 | 324,351 | Corporate |
Petroleos de Venezuela SA 8.5% | 1.73 | 319,488 | Cash and Equivalents |
Saudi Arabia (Kingdom of) 5% | 1.73 | 319,312 | Government |
United States Treasury Bills 0% | 1.62 | 299,341 | Government |
Nigeria (Federal Republic of) 7.625% | 1.60 | 294,638 | Government |
Abu Dhabi (Emirate of) 3.125% | 1.52 | 279,125 | Government |
Petroleos Mexicanos 6.95% | 1.49 | 274,522 | Corporate |
Empresa Nacional del Petroleo 5.25% | 1.42 | 261,300 | Corporate |