Ashmore Emerging Markets Frontier Equity Fund (EFEIX)

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The chart shows the growth of an initial investment of $10,000 in Ashmore Emerging Markets Frontier Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Ashmore Emerging Markets Frontier Equity Fund (EFEIX) has returned -4.81% so far this year and 12.63% over the past 12 months. Over the last ten years, EFEIX has returned 6.72% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Nov 5, 2013, EFEIX's average daily return is +0.02%, while the average monthly return is +0.41%. At this rate, your investment would double in approximately 14.1 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +8.2%, while the worst month was Mar 2020 at -21.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, EFEIX closed higher 50% of trading days. The best single day was Mar 13, 2020 with a return of +3.1%, while the worst single day was Mar 9, 2020 at -10.5%.

Ashmore Emerging Markets Frontier Equity Fund has an annualized alpha of 0.53%, beta of 0.34, and R² of 0.27 versus S&P 500 Index. Calculated based on daily prices since November 06, 2013.

• This fund participated in 65.43% of S&P 500 Index downside but only 46.32% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.34 may look defensive, but with R² of 0.27 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.27 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

EFEIX has a high expense ratio of 1.52%, indicating above-average management fees.

EFEIX ranks 42 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Ashmore Emerging Markets Frontier Equity Fund (EFEIX) and compare them to a chosen benchmark (S&P 500 Index).

Ashmore Emerging Markets Frontier Equity Fund provided a 11.96% dividend yield over the last twelve months, with an annual payout of $1.54 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Ashmore Emerging Markets Frontier Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Ashmore Emerging Markets Frontier Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Ashmore Emerging Markets Frontier Equity Fund was 40.50%, occurring on Apr 3, 2020. Recovery took 353 trading sessions.

The current Ashmore Emerging Markets Frontier Equity Fund drawdown is 11.62%.

The chart below shows the rolling one-month volatility.