# EDGAR Filing Document

**Accession Number:** 0001498498
**File Stem:** 0002066578-25-001871
**Filing Date:** 2025-12
**Character Count:** 29334
**Document Hash:** ae35e96825eda4bcc3085d10990241bb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-25-001871.hdr.sgml**: 20251216

**ACCESSION NUMBER**: 0002066578-25-001871

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251216

**DATE AS OF CHANGE**: 20251216

**PERIOD START**: 20251031

**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:** 251574144

**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 Fund (Series ID: S000033066)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000101924 | INSTITUTIONAL CLASS | EMFIX           |
| C000104316 | Class A             | EMEAX           |
| C000104317 | Class C             | EMECX           |
| C000183167 | Class T             | EMETX           |

## 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 Fund

- **b. EDGAR series identifier (if any):** S000033066

- **c. LEI of Series:** 5493006VZYVE79UNJY30

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $243518204.15

**Total Liabilities:** $380264.03

**Net Assets:** $243137940.12

**Cash Not Reported:** $5921840.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000101924 | 4.31%                | 6.40%                | 4.40%                |
| Class ID C000104316 | 4.22%                | 6.42%                | 4.30%                |
| Class ID C000104317 | 4.25%                | 6.28%                | 4.30%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-221993.79              | $8785888.29                                |
| Month 2  | $2620867.98              | $10914737.82                               |
| Month 3  | $2518693.42              | $7666010.37                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abu Dhabi Islamic Bank PJSC                         | Abu Dhabi Islamic Bank PJSC AED1                                              | CUSIP: M0152R102<br>LEI: 5493006DOLY8O98XHD74 | Long             | EC               | CORP              | AE        |    285947 | NS      | $1643916.47   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Gudeng Precision Industrial Co.                     | Gudeng Precision Industrial Co. TWD10                                         | CUSIP: Y2941Y106<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    155000 | NS      | $1771708.04   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| CreditAccess Grameen Limited                        | CreditAccess Grameen Limited INR10                                            | CUSIP: Y2R43C102<br>LEI: 335800YHFDVKKBDQMK23 | Long             | EC               | CORP              | IN        |    116207 | NS      | $1860275.41   | 0.77%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Sieyuan Electric Co Ltd                             | Sieyuan Electric Co Ltd 'A'CNY1                                               | CUSIP: Y7688J105<br>LEI: 836800H6UQQUWN4PSZ32 | Long             | EC               | CORP              | CN        |    266000 | NS      | $4928249.42   | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| XP Inc.                                             | XP Inc. CL A                                                                  | CUSIP: G98239109<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |     66500 | NS      | $1211630.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Inovance Technology Co Ltd.                | Shenzhen Inovance Technology Co Ltd. 'A'CNY1                                  | CUSIP: Y7744Z101<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    186800 | NS      | $2026154.68   | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| H World Group Ltd.                                  | H World Group Ltd. SPON ADS EACH REP 1 ORD SHS                                | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | KY        |     59608 | NS      | $2300868.80   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Music Entertainment Group                   | Tencent Music Entertainment Group SPON ADS EA REP 2 ORD SHS                   | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | KY        |    142810 | NS      | $3187519.20   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc.                                    | KE Holdings Inc. SPONSORED ADS                                                | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |     87029 | NS      | $1483844.45   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hansol Chemical Co Ltd                              | Hansol Chemical Co Ltd KRW5000                                                | CUSIP: Y3064E109<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     27173 | NS      | $4412956.33   | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. | Grupo Aeroportuario del Centro Norte S.A.B. de C.V. SPON ADR EA REP 8 SER 'B' | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     19200 | NS      | $1893504.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc.                                       | SK Hynix Inc. KRW5000                                                         | CUSIP: Y8085F100<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     29942 | NS      | $11697484.74  | 4.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd.                                            | Sea Ltd. ADS EACH REP ONE CL A SHS                                            | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |     11288 | NS      | $1763750.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd.             | Contemporary Amperex Technology Co Ltd. 'A' CNY1                              | CUSIP: Y1R48E105<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |     98200 | NS      | $5399276.10   | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Classys Inc                                         | Classys Inc KRW100                                                            | CUSIP: Y49932109<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     40839 | NS      | $1410895.62   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunresin New Materials Co. Ltd.,Xi'an               | Sunresin New Materials Co. Ltd.,Xi'an CNY1 A                                  | CUSIP: Y8240K101<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    304864 | NS      | $2373135.87   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Giant Biogene Holding Co Ltd.                       | Giant Biogene Holding Co Ltd. USD0.0001                                       | CUSIP: G3887G109<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    269200 | NS      | $1285864.99   | 0.53%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                               | Tencent Holdings Ltd. HKD0.00002                                              | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    238600 | NS      | $19394602.94  | 7.98%             |  |  |  | No            |                  2 | 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        |      1471 | NS      | $2744161.21   | 1.13%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Grupo Aeroportuario Del Pacifico S.A.B. de C.V.     | Grupo Aeroportuario Del Pacifico S.A.B. de C.V. COM NPV SER'B'                | CUSIP: P4959P100<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |     76350 | NS      | $1591520.55   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Eugene Technology                                   | Eugene Technology KRW500                                                      | CUSIP: Y2347W100<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     55719 | NS      | $3697178.53   | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaspi.Kz JSC                                        | Kaspi.Kz JSC SPONSORED ADS                                                    | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |     13838 | NS      | $1034944.02   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Totvs SA                                            | Totvs SA COM NPV                                                              | CUSIP: P92184103<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    264200 | NS      | $2178933.63   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentera SAB de CV                                   | Gentera SAB de CV COM NPV                                                     | CUSIP: P4831V101<br>LEI: 4469000001ECOWXFNE33 | Long             | EC               | CORP              | MX        |    986300 | NS      | $2346500.52   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobile World Investment Corporation                 | Mobile World Investment Corporation VND10000                                  | CUSIP: Y604K2105<br>LEI: 254900ZRFNB8CRAHHO95 | Long             | EC               | CORP              | VN        |    891400 | NS      | $2796854.68   | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart De Mexico                                  | Wal-Mart De Mexico COM NPV                                                    | CUSIP: P98180188<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    698000 | NS      | $2307568.43   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| InterGlobe Aviation Ltd.                            | InterGlobe Aviation Ltd. INR10                                                | CUSIP: Y4R97L111<br>LEI: 33580079R8SLLO23XD19 | Long             | EC               | CORP              | IN        |     22162 | NS      | $1404558.76   | 0.58%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Unimicron Technology Corp.                          | Unimicron Technology Corp. TWD10                                              | CUSIP: Y90668107<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    739000 | NS      | $3906916.09   | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc.                                       | MediaTek Inc. TWD10                                                           | CUSIP: Y5945U103<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     54000 | NS      | $2290888.93   | 0.94%             |  |  |  | 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        |   8953100 | NS      | $2536122.70   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| E Ink Holdings Inc.                                 | E Ink Holdings Inc. TWD10                                                     | CUSIP: Y2266Z100<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |    496000 | NS      | $3407535.72   | 1.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co Ltd.                              | Elite Material Co Ltd. TWD10                                                  | CUSIP: Y2290G102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     80000 | NS      | $3499536.91   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Marico Ltd.                                         | Marico Ltd. INR1                                                              | CUSIP: Y5841R170<br>LEI: 3358003SFDQFGJPC5O84 | Long             | EC               | CORP              | IN        |    174250 | NS      | $1412571.22   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electro-Mechanics Co Ltd.                   | Samsung Electro-Mechanics Co Ltd. KRW5000                                     | CUSIP: Y7470U102<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     22706 | NS      | $3885996.64   | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd.                         | Samsung Electronics Co Ltd. KRW100                                            | CUSIP: Y74718100<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     46250 | NS      | $3481767.68   | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercadolibre Inc                                    | Mercadolibre Inc COM USD0.001                                                 | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       800 | NS      | $1861808.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.        | Taiwan Semiconductor Manufacturing Co., Ltd. TWD10                            | CUSIP: Y84629107<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    640000 | NS      | $30966269.15  | 12.74%            |  |  |  | No            |                  2 | On Loan: No      |
| International Gemmological Institute India Pvt Ltd. | International Gemmological Institute India Pvt Ltd. INR2                      | CUSIP: Y4R06E117<br>LEI: 254900EP4A4RLO5W8Y29 | Long             | EC               | CORP              | IN        |    587084 | NS      | $2232581.77   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| LPP SA                                              | LPP SA PLN2.00                                                                | CUSIP: X5053G103<br>LEI: 259400NUS7MKGPJL4752 | Long             | EC               | CORP              | PL        |       400 | NS      | $1941862.21   | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Zetrix AI Berhad                                    | Zetrix AI Berhad NPV                                                          | CUSIP: Y6147P116<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   8583006 | NS      | $1727733.67   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Wizz Air Holdings PLC                               | Wizz Air Holdings PLC ORD GBP0.0001                                           | CUSIP: G96871101<br>LEI: 213800COXGZCORLJZA85 | Long             | EC               | CORP              | JE        |     99741 | NS      | $1371747.24   | 0.56%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Ltd.                    | Apollo Hospitals Enterprise Ltd. INR5                                         | CUSIP: Y0187F112<br>LEI: 3358005YT7JQCWYLTG43 | Long             | EC               | CORP              | IN        |     23790 | NS      | $2060144.03   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Alchip Technologies Ltd.                            | Alchip Technologies Ltd. TWD10                                                | CUSIP: G02242108<br>LEI: 529900HKE9RIY07SLX84 | Long             | EC               | CORP              | KY        |     33667 | NS      | $3792187.47   | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung C&T Corporation                             | Samsung C&T Corporation KRW100                                                | CUSIP: Y7T71K106<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |     17066 | NS      | $2700079.42   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Andes Technology Corporation                        | Andes Technology Corporation TWD10                                            | CUSIP: Y0R7YV103<br>LEI: 549300HYC94K4ELRHM60 | Long             | EC               | CORP              | TW        |    215794 | NS      | $1871375.54   | 0.77%             |  |  |  | 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        |    503013 | NS      | $4052190.71   | 1.67%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Lojas Renner SA                                     | Lojas Renner SA COM NPV                                                       | CUSIP: P6332C102<br>LEI: 52990032N7OAAM138D78 | Long             | EC               | CORP              | BR        |    604600 | NS      | $1667722.56   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Kanzhun Limited                                     | Kanzhun Limited SPONSORED ADS                                                 | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | KY        |    160852 | NS      | $3564480.32   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Full Truck Alliance Co Ltd                          | Full Truck Alliance Co Ltd SPONSORED ADS                                      | CUSIP: 35969L108<br>LEI: 984500884LB1DP8DAC57 | Long             | EC               | CORP              | KY        |    214100 | NS      | $2783300.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahindra & Mahindra Ltd.                            | Mahindra & Mahindra Ltd. GDR EACH REPR 1 ORD INR10 REG'S'                     | CUSIP: Y54164119<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     55889 | NS      | $2218429.42   | 0.91%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kolmar Korea Co Ltd.                                | Kolmar Korea Co Ltd. KRW500                                                   | CUSIP: Y4920J126<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     27034 | NS      | $1463699.98   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Square Co Ltd                                    | SK Square Co Ltd KRW100                                                       | CUSIP: Y8T6X4107<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     13924 | NS      | $2527071.08   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte S.A.B. de C.V.             | Grupo Financiero Banorte S.A.B. de C.V. COM NPV SERIES O                      | CUSIP: P49501201<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    402300 | NS      | $3786212.83   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase Inc.                                        | NetEase Inc. SPON ADS EACH REP 25 ORD SH                                      | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |     31695 | NS      | $4440469.50   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Galicia S.A.                       | Grupo Financiero Galicia S.A. SPON ADR EACH REP 10 CL B                       | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |     49877 | NS      | $2949227.01   | 1.21%             |  |  |  | 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        |    249318 | NS      | $9030297.96   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Talabat Holding PLC                                 | Talabat Holding PLC AED0.04                                                   | CUSIP: M8765Z106<br>LEI: 529900MAA20AIKRXOA24 | Long             | EC               | CORP              | AE        |   5774185 | NS      | $1505625.49   | 0.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AIA Group Ltd, Hong Kong                            | AIA Group Ltd, Hong Kong NPV                                                  | CUSIP: Y002A1105<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    505000 | NS      | $4913763.60   | 2.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Aldar Properties PJSC                               | Aldar Properties PJSC AED1                                                    | CUSIP: M0517N101<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |    885953 | NS      | $2170422.88   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| PB Fintech Ltd.                                     | PB Fintech Ltd. INR2.00                                                       | CUSIP: Y67616287<br>LEI: 98450083AC6B01HF1F87 | Long             | EC               | CORP              | IN        |    134059 | NS      | $2695699.23   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd.                           | ANTA Sports Products Ltd. HKD0.10                                             | CUSIP: G04011105<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | KY        |    303000 | NS      | $3159493.35   | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Grab Holdings Ltd.                                  | Grab Holdings Ltd. CLASS A ORD                                                | CUSIP: G4124C109<br>LEI: 549300N4VQX83VPJF439 | Long             | EC               | CORP              | KY        |    628300 | NS      | $3776083.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Nu Holdings Ltd.                                    | Nu Holdings Ltd. ORD SHS CL A                                                 | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |    150700 | NS      | $2427777.00   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DB Insurance Co Ltd.                                | DB Insurance Co Ltd. KRW500                                                   | CUSIP: Y2096K109<br>LEI: 9884000ZF26VNJBWSJ91 | Long             | EC               | CORP              | KR        |     36004 | NS      | $3200319.60   | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Aluminum Corporation of China Limited               | Aluminum Corporation of China Limited 'H' CNY1                                | CUSIP: Y0094N109<br>LEI: 529900TKZUWQLIQN6T48 | Long             | EC               | CORP              | CN        |   2056000 | NS      | $2617550.77   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma Ate Inc                                      | Chroma Ate Inc TWD10                                                          | CUSIP: Y1604M102<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    148000 | NS      | $3911988.07   | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc.                              | Delta Electronics Inc. TWD10                                                  | CUSIP: Y20263102<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    115000 | NS      | $3682738.53   | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-25

**Name of Applicant:** Ashmore Funds

**Signature:** Taurai Sigauke

**Name of Signer:** Taurai Sigauke

**Title:** Treasurer