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ESFIX
Mutual Fund ticker: NASDAQ
AS OF
Sep 12 closing price
Price
$4.89
Change
+$0.02 (+0.41%)
Net Assets
32.74M

ESFIX Ashmore Emerging Markets Short Dur Instl Forecast, Technical & Fundamental Analysis

The investment seeks to maximize total return... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks to maximize total return. The fund seeks to achieve its objective by investing principally in short-term debt instruments of, and derivative instruments related to, Sovereign, Quasi-Sovereign and corporate issuers of Emerging Market Countries denominated exclusively in Hard Currencies (i.e., the U.S. dollar or any currency of a nation in the G-7). It normally seeks to maintain a weighted average portfolio duration of between 1 and 3 years. The fund has no restrictions on individual security duration. It is non-diversified.
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A.I. Advisor
published General Information

General Information

Category EmergingMarketsBond

Profile
Fundamentals
Details
Category
Emerging Markets Bond
Address
C/O Ropes & Gray,LLPOne International PlaceBoston
Phone
617-951-7935
Web
www.ashmoregroup.com
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ESFIX and MutualFunds

Correlation & Price change

A.I.dvisor tells us that ESFIX and MEDAX have been poorly correlated (+30% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ESFIX and MEDAX's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ESFIX
1D Price
Change %
ESFIX100%
+0.41%
MEDAX - ESFIX
30%
Poorly correlated
-0.08%
TREZX - ESFIX
23%
Poorly correlated
-0.10%
VEMBX - ESFIX
20%
Poorly correlated
-0.19%
EADOX - ESFIX
18%
Poorly correlated
+0.12%
EIDOX - ESFIX
18%
Poorly correlated
+0.12%
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