Industry description
The investment seeks long-term capital appreciation.
The fund seeks to achieve its objective by investing principally in equity securities and equity-related investments of Frontier Market Issuers, which may be denominated in any currency, including the local currency of the issuer. A Frontier Market Issuer is an issuer that is located in a Frontier Market Country, or an issuer deriving at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in one or more Frontier Market Countries or that has at least 50% of its assets in one or more Frontier Market Countries.
Market Cap
The average market capitalization across the Ashmore Emerging Mkts Frontier Eq Instl MF is 14.47B. The market cap for tickers in the group ranges from 5.99M to 30.37B. BAP holds the highest valuation in this group at 30.37B. The lowest valued company is MWG at 5.99M.
Volume
The average weekly volume growth across all stocks in the Ashmore Emerging Mkts Frontier Eq Instl MF was 3%. For the same stocks of the MF, the average monthly volume growth was 143% and the average quarterly volume growth was -16%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 51
P/E Growth Rating: 61
Price Growth Rating: 55
SMR Rating: 45
Profit Risk Rating: 64
Seasonality Score: -50 (-100 ... +100)