# EDGAR Filing Document

**Accession Number:** 0001498498
**File Stem:** 0002066578-26-002125
**Filing Date:** 2026-6
**Character Count:** 24349
**Document Hash:** a88090c370fa1b997b03929da8f47daf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-26-002125.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002066578-26-002125

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ashmore Funds
- **CENTRAL INDEX KEY:** 0001498498

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22468
- **FILM NUMBER:** 261119310

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ROPES & GRAY, LLP
- **STREET 2:** ONE INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 617-951-7935

**MAIL ADDRESS:**
- **STREET 1:** C/O ROPES & GRAY, LLP
- **STREET 2:** ONE INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

## Series and Classes Contracts Data

### Ashmore Emerging Markets Equity ex China Fund (Series ID: S000085149)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000250018 | Institutional Class | EMXIX           |
| C000250019 | Class A             | EMXAX           |
| C000250020 | Class C             | EMXCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Ashmore Funds

- **b. Investment Company Act file number:** 811-22468

- **c. CIK number of Registrant:** 0001498498

- **d. LEI of Registrant:** 549300JIZK4U03Q64E73

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 61 Aldwych

  - **City:** London

  - **Zip / Postal Code:** WC2B 4AE

  - **Telephone number:** 011-44-20-3206-4500

**Item A.2. Information about the Series.**

- **a. Name of Series:** Ashmore Emerging Markets Equity ex China Fund

- **b. EDGAR series identifier (if any):** S000085149

- **c. LEI of Series:** 254900BVAO19EMRX7866

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $12448900.80

**Total Liabilities:** $111434.21

**Net Assets:** $12337466.59

**Cash Not Reported:** $497674.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250018 | 7.85%                | -12.79%              | 19.10%               |
| Class ID C000250019 | 7.80%                | -12.82%              | 19.16%               |
| Class ID C000250020 | 7.71%                | -12.86%              | 19.03%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $491188.05               | $378710.50                                 |
| Month 2  | $-15879.59               | $-1517956.95                               |
| Month 3  | $457225.44               | $1523197.31                                |

### Schedule of Portfolio Investments

| Name                                             | Title                                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MAHINDRA & MAHINDRA LTD                          | MAHINDRA & MAHINDRA LTD GDR EACH REPR 1 ORD INR10 REG'S'           | CUSIP: Y54164119<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |      6622 | NS      | $216366.56    | 1.75%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ABU DHABI ISLAMIC BANK PJSC                      | ABU DHABI ISLAMIC BANK PJSC AED1                                   | CUSIP: M0152R102<br>LEI: 5493006DOLY8O98XHD74 | Long             | EC               | CORP              | AE        |     20291 | NS      | $121716.75    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| MAKEMYTRIP LTD                                   | MAKEMYTRIP LTD USD0.0005                                           | CUSIP: V5633W109<br>LEI: 529900DNT8HNJ7RYUO60 | Long             | EC               | CORP              | MU        |      2800 | NS      | $132188.00    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GUDENG PRECISION INDUSTRIAL COMPANY              | GUDENG PRECISION INDUSTRIAL COMPANY TWD10                          | CUSIP: Y2941Y106<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $204921.01    | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |
| REDE D'OR SAO LUIZ SA                            | REDE D'OR SAO LUIZ SA COM NPV                                      | CUSIP: P79942101<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     36400 | NS      | $282052.59    | 2.29%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ALLEGRO.EU SA                                    | ALLEGRO.EU SA PLN0.01                                              | CUSIP: L0R67D109<br>LEI: 222100VRLXV3FPMG4982 | Long             | EC               | CORP              | LU        |     27217 | NS      | $223695.43    | 1.81%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GRUPO FINANCIERO BANORTE SAB DE CV               | GRUPO FINANCIERO BANORTE SAB DE CV COM NPV SERIES O                | CUSIP: P49501201<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     20400 | NS      | $221511.41    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC BANK LTD                                    | HDFC BANK LTD SPON ADS EACH REP 3 ORD SHS                          | CUSIP: 40415F101<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |     18171 | NS      | $461725.11    | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIEDAD QUIMICA Y MINERA DE CHILE SA            | SOCIEDAD QUIMICA Y MINERA DE CHILE SA ADR(REPR 1 PRF SER'B')       | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |      1683 | NS      | $155122.11    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                       | SAMSUNG ELECTRONICS CO LTD GDR EACH REP 25 COM STK KRW100(REG S)   | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |        35 | NS      | $131197.90    | 1.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| EUGENE TECHNOLOGY CO LTD                         | EUGENE TECHNOLOGY CO LTD KRW500                                    | CUSIP: Y2347W100<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1753 | NS      | $157007.33    | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA      | POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA PLN1.00                | CUSIP: X6919X108<br>LEI: P4GTT6GF1W40CVIMFR43 | Long             | EC               | CORP              | PL        |      5484 | NS      | $143417.44    | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| TOTVS SA                                         | TOTVS SA COM NPV                                                   | CUSIP: P92184103<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     23800 | NS      | $153129.77    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| GENTERA SAB DE CV                                | GENTERA SAB DE CV COM NPV                                          | CUSIP: P4831V101<br>LEI: 4469000001ECOWXFNE33 | Long             | EC               | CORP              | MX        |     48600 | NS      | $127311.22    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DB INSURANCE CO LTD                              | DB INSURANCE CO LTD KRW500                                         | CUSIP: Y2096K109<br>LEI: 9884000ZF26VNJBWSJ91 | Long             | EC               | CORP              | KR        |      1982 | NS      | $225394.32    | 1.83%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDIATEK INC                                     | MEDIATEK INC TWD10                                                 | CUSIP: Y5945U103<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      2000 | NS      | $170003.18    | 1.38%             |  |  |  | No            |                  2 | On Loan: No      |
| HANSOL CHEMICAL CO LTD                           | HANSOL CHEMICAL CO LTD KRW5000                                     | CUSIP: Y3064E109<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1486 | NS      | $288323.16    | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| GRUPO AEROPORTUARIO DEL CENTRO SAB DE CV         | GRUPO AEROPORTUARIO DEL CENTRO SAB DE CV SPON ADR EA REP 8 SER 'B' | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      1200 | NS      | $127212.00    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA ELECTRONICS INC                            | DELTA ELECTRONICS INC TWD10                                        | CUSIP: Y20263102<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |      1931 | NS      | $133319.98    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                     | SK HYNIX INC KRW5000                                               | CUSIP: Y8085F100<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |       610 | NS      | $536779.66    | 4.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRO MECHANICS                        | SAMSUNG ELECTRO MECHANICS KRW5000                                  | CUSIP: Y7470U102<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       366 | NS      | $207754.91    | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                       | SAMSUNG ELECTRONICS CO LTD KRW100                                  | CUSIP: Y74718100<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      3625 | NS      | $549957.39    | 4.46%             |  |  |  | No            |                  2 | On Loan: No      |
| MERCADOLIBRE INC                                 | MERCADOLIBRE INC COM USD0.001                                      | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |        35 | NS      | $62742.05     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD   | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD TWD10               | CUSIP: Y84629107<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     27000 | NS      | $1832990.74   | 14.86%            |  |  |  | No            |                  2 | On Loan: No      |
| RAIA DROGASIL SA                                 | RAIA DROGASIL SA COM NPV                                           | CUSIP: P7942C102<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     32334 | NS      | $143262.64    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CLASSYS INC                                      | CLASSYS INC KRW100                                                 | CUSIP: Y49932109<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      4367 | NS      | $165503.37    | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| VISTA ENERGY SAB DE CV                           | VISTA ENERGY SAB DE CV SPON ADS EA REP 1 ORD SHS                   | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |      2241 | NS      | $166551.12    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| LATAM AIRLINES GROUP SA                          | LATAM AIRLINES GROUP SA SPONSORED ADR                              | CUSIP: 51817R205<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        |      2900 | NS      | $137837.00    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LTD | INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LTD INR2              | CUSIP: Y4R06E117<br>LEI: 254900EP4A4RLO5W8Y29 | Long             | EC               | CORP              | IN        |     28277 | NS      | $103774.67    | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| LPP SA                                           | LPP SA PLN2.00                                                     | CUSIP: X5053G103<br>LEI: 259400NUS7MKGPJL4752 | Long             | EC               | CORP              | PL        |        29 | NS      | $175260.77    | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| LOTES CO LTD                                     | LOTES CO LTD TWD10                                                 | CUSIP: Y53302116<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $252927.68    | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ZETRIX AI BHD                                    | ZETRIX AI BHD NPV                                                  | CUSIP: Y6147P116<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    538300 | NS      | $111782.69    | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| SINBON ELECTRONICS CO LTD                        | SINBON ELECTRONICS CO LTD TWD10                                    | CUSIP: Y7989R103<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     18214 | NS      | $165991.80    | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| APOLLO HOSPITALS ENTERPRISES LTD                 | APOLLO HOSPITALS ENTERPRISES LTD INR5                              | CUSIP: Y0187F112<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |      1779 | NS      | $143459.95    | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BANGKOK DUSIT MEDICAL SERVICES PCL               | BANGKOK DUSIT MEDICAL SERVICES PCL THB0.1 (ALIEN)                  | CUSIP: Y06071255<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    254000 | NS      | $143488.53    | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| ANDES TECHNOLOGY CORP                            | ANDES TECHNOLOGY CORP TWD10                                        | CUSIP: Y0R7YV103<br>LEI: 549300HYC94K4ELRHM60 | Long             | EC               | CORP              | TW        |      3000 | NS      | $21953.18     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SK SQUARE CO LTD                                 | SK SQUARE CO LTD KRW100                                            | CUSIP: Y8T6X4107<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       992 | NS      | $577978.60    | 4.68%             |  |  |  | No            |                  2 | On Loan: No      |
| ANGLOGOLD ASHANTI PLC                            | ANGLOGOLD ASHANTI PLC COM SHS                                      | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |      1000 | NS      | $93730.00     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| KASPI.KZ JSC                                     | KASPI.KZ JSC SPONSORED ADS                                         | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |      1915 | NS      | $164383.60    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PB FINTECH LTD                                   | PB FINTECH LTD INR2.00                                             | CUSIP: Y67616287<br>LEI: 98450083AC6B01HF1F87 | Long             | EC               | CORP              | IN        |     11176 | NS      | $197040.95    | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| COWAY CO LTD                                     | COWAY CO LTD KRW500                                                | CUSIP: Y1786S109<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       497 | NS      | $28949.05     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK MANDIRI (PERSERO) TBK PT                    | BANK MANDIRI (PERSERO) TBK PT IDR125                               | CUSIP: Y7123S108<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |    464400 | NS      | $118295.11    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| ASIA VITAL COMPONENTS COMPANY LTD                | ASIA VITAL COMPONENTS COMPANY LTD TWD10                            | CUSIP: Y0392D100<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      1000 | NS      | $91602.41     | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| E INK HOLDINGS INC                               | E INK HOLDINGS INC TWD10                                           | CUSIP: Y2266Z100<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |     28000 | NS      | $121750.74    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| ELITE MATERIAL COMPANY LTD                       | ELITE MATERIAL COMPANY LTD TWD10                                   | CUSIP: Y2290G102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      1000 | NS      | $147169.24    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| CHROMA ATE INC                                   | CHROMA ATE INC TWD10                                               | CUSIP: Y1604M102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $135308.79    | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAB HOLDINGS LTD                                | GRAB HOLDINGS LTD CLASS A ORD                                      | CUSIP: G4124C109<br>LEI: 549300N4VQX83VPJF439 | Long             | EC               | CORP              | KY        |     33900 | NS      | $129498.00    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| RASAN INFORMATION TECHNOLOGY COMPANY             | RASAN INFORMATION TECHNOLOGY COMPANY SAR1                          | CUSIP: M8189E101<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |      4521 | NS      | $171067.16    | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| NU HOLDINGS LTD                                  | NU HOLDINGS LTD ORD SHS CL A                                       | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |     13600 | NS      | $196928.00    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDITACCESS GRAMEEN LTD                         | CREDITACCESS GRAMEEN LTD INR10                                     | CUSIP: Y2R43C102<br>LEI: 335800YHFDVKKBDQMK23 | Long             | EC               | CORP              | IN        |     10334 | NS      | $141986.02    | 1.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| MOBILE WORLD INVESTMENT CORP                     | MOBILE WORLD INVESTMENT CORP VND10000                              | CUSIP: Y604K2105<br>LEI: 254900ZRFNB8CRAHHO95 | Long             | EC               | CORP              | VN        |     50000 | NS      | $160621.67    | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BOXER RETAIL LTD                                 | BOXER RETAIL LTD NPV                                               | CUSIP: S12871109<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     21179 | NS      | $101280.01    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| KINIK COMPANY                                    | KINIK COMPANY TWD10                                                | CUSIP: Y4789C113<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $176316.83    | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                       | SAMSUNG ELECTRONICS CO LTD N/VTG PFD KRW100                        | CUSIP: Y74718118<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |      1601 | PA      | $174491.72    | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| ALCHIP TECHNOLOGIES LTD                          | ALCHIP TECHNOLOGIES LTD TWD10                                      | CUSIP: G02242108<br>LEI: 529900HKE9RIY07SLX84 | Long             | EC               | CORP              | KY        |      1444 | NS      | $196594.11    | 1.59%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG C&T CORP                                 | SAMSUNG C&T CORP KRW100                                            | CUSIP: Y7T71K106<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |      1027 | NS      | $207815.18    | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** Ashmore Funds

**Signature:** Taurai Sigauke

**Name of Signer:** Taurai Sigauke

**Title:** Treasurer