# EDGAR Filing Document

**Accession Number:** 0001498498
**File Stem:** 0002066578-26-002121
**Filing Date:** 2026-6
**Character Count:** 23617
**Document Hash:** 55d98d0b25b77174ac816679603434a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-26-002121.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0002066578-26-002121

**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:** 261119306

**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 Active Equity Fund (Series ID: S000055437)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000174429 | CLASS A             | EMQAX           |
| C000174430 | CLASS C             | EMQCX           |
| C000174431 | INSTITUTIONAL CLASS | EMQIX           |
| C000183172 | Class T             | EMQTX           |

## 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 Active Equity Fund

- **b. EDGAR series identifier (if any):** S000055437

- **c. LEI of Series:** 549300OXHKIPZHSS1273

**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:** $5866510.51

**Total Liabilities:** $127906.79

**Net Assets:** $5738603.72

**Cash Not Reported:** $144386.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000174429 | 2.93%                | -11.02%              | 10.53%               |
| Class ID C000174430 | 2.74%                | -10.97%              | 10.50%               |
| Class ID C000174431 | 2.89%                | -10.98%              | 10.60%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7436.55                | $175538.76                                 |
| Month 2  | $138641.11               | $-772371.42                                |
| Month 3  | $-56580.83               | $603641.26                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SK SQUARE CO LTD                                  | SK SQUARE CO LTD KRW100                                          | CUSIP: Y8T6X4107<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       288 | NS      | $167800.24    | 2.92%             |  |  |  | No            |                  2 | On Loan: No      |
| GLOBANT SA                                        | GLOBANT SA USD1.20                                               | CUSIP: L44385109<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |       940 | NS      | $38756.20     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ABSA GROUP LTD                                    | ABSA GROUP LTD ZAR2                                              | CUSIP: S0270C106<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |      1993 | NS      | $27867.77     | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| ANGLOGOLD ASHANTI PLC                             | ANGLOGOLD ASHANTI PLC COM SHS                                    | CUSIP: G0378L100<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |      1560 | NS      | $146218.80    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KE HOLDINGS INC                                   | KE HOLDINGS INC USD0.00002 A                                     | CUSIP: G5223Y108<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |     10300 | NS      | $57590.08     | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| MAO GEPING COSMETICS CO LTD                       | MAO GEPING COSMETICS CO LTD CNY0.5 H                             | CUSIP: Y581B1107<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7700 | NS      | $70878.89     | 1.24%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NASPERS LTD                                       | NASPERS LTD NPV(POST SPLT)                                       | CUSIP: S53435129<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |      1418 | NS      | $76785.09     | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SUN PHARMACEUTICAL INDUSTRIES LTD                 | SUN PHARMACEUTICAL INDUSTRIES LTD INR1(DEMAT)                    | CUSIP: Y8523Y158<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |      1208 | NS      | $23070.48     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| CHINA INTERNATIONAL CAPITAL CORP LTD              | CHINA INTERNATIONAL CAPITAL CORP LTD CNY1 H                      | CUSIP: Y1R99Y109<br>LEI: 529900OS3SVVTT56QN67 | Long             | EC               | CORP              | CN        |     56400 | NS      | $146681.73    | 2.56%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD            | CONTEMPORARY AMPEREX TECHNOLOGY CO LTD 'A' CNY1                  | CUSIP: Y1R48E105<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |       600 | NS      | $38488.91     | 0.67%             |  |  |  | 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        |       960 | NS      | $71347.20     | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNRESIN NEW MATERIALS CO LTD                     | SUNRESIN NEW MATERIALS CO LTD CNY1 A                             | CUSIP: Y8240K101<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6300 | NS      | $58873.39     | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JIANGSU HENGRUI PHARMACEUTICALS CO LTD            | JIANGSU HENGRUI PHARMACEUTICALS CO LTD 'A'CNY1                   | CUSIP: Y4446S105<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |      7000 | NS      | $55509.01     | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                         | ALIBABA GROUP HOLDING LTD USD0.000003125                         | CUSIP: G01719114<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |     11700 | NS      | $192260.15    | 3.35%             |  |  |  | No            |                  2 | On Loan: No      |
| WUXI BIOLOGICS (CAYMAN) INC                       | WUXI BIOLOGICS (CAYMAN) INC USD0.0000083                         | CUSIP: G97008117<br>LEI: 5493001TD2TH6VDTJU11 | Long             | EC               | CORP              | KY        |     23500 | NS      | $98944.68     | 1.72%             |  |  |  | Yes           |                  2 | On Loan: No      |
| FSN E-COMMERCE VENTURES PRIVATE LTD               | FSN E-COMMERCE VENTURES PRIVATE LTD INR1                         | CUSIP: Y2R5BZ117<br>LEI: 335800X5BJYC18NHDQ91 | Long             | EC               | CORP              | IN        |      9208 | NS      | $25798.44     | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG C&T CORP                                  | SAMSUNG C&T CORP KRW100                                          | CUSIP: Y7T71K106<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |       701 | NS      | $141848.53    | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| BAIDU INC                                         | BAIDU INC USD0.000000625 A CLASS                                 | CUSIP: G07034104<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |      5700 | NS      | $89805.89     | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| NU HOLDINGS LTD                                   | NU HOLDINGS LTD ORD SHS CL A                                     | CUSIP: G6683N103<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |      3800 | NS      | $55024.00     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HOLDINGS LTD                              | TENCENT HOLDINGS LTD HKD0.00002                                  | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      5900 | NS      | $358218.71    | 6.24%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA GROUP LTD                                     | AIA GROUP LTD NPV                                                | CUSIP: Y002A1105<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |      2400 | NS      | $26433.26     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                           | RELIANCE INDUSTRIES LTD GDR144 A                                 | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |        40 | NS      | $2416.00      | 0.04%             |  |  |  | Yes           |                  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        |        14 | NS      | $52479.16     | 0.91%             |  |  |  | Yes           |                  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        |      1110 | NS      | $29028.69     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| SK TELECOM CO LTD                                 | SK TELECOM CO LTD KRW100                                         | CUSIP: Y4935N104<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |      1191 | NS      | $77041.20     | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDIATEK INC                                      | MEDIATEK INC TWD10                                               | CUSIP: Y5945U103<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      1000 | NS      | $85001.59     | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| ALUMINUM CORP OF CHINA LTD                        | ALUMINUM CORP OF CHINA LTD 'H' CNY1                              | CUSIP: Y0094N109<br>LEI: 529900TKZUWQLIQN6T48 | Long             | EC               | CORP              | CN        |     62000 | NS      | $90681.53     | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRSTRAND LTD                                     | FIRSTRAND LTD ZAR0.01                                            | CUSIP: S5202Z131<br>LEI: 529900XYOP8CUZU7R671 | Long             | EC               | CORP              | ZA        |      5173 | NS      | $27386.20     | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| HON HAI PRECISION INDUSTRY COMPANY LTD            | HON HAI PRECISION INDUSTRY COMPANY LTD TWD10                     | CUSIP: Y36861105<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |     19300 | NS      | $137227.82    | 2.39%             |  |  |  | No            |                  2 | On Loan: No      |
| PIRAEUS BANK SA (NEW)                             | PIRAEUS BANK SA (NEW) EUR0.93                                    | CUSIP: X5S2FJ101<br>LEI: 213800OYHR1MPQ5VJL60 | Long             | EC               | CORP              | GR        |      8721 | NS      | $83250.80     | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| ALCHIP TECHNOLOGIES LTD                           | ALCHIP TECHNOLOGIES LTD TWD10                                    | CUSIP: G02242108<br>LEI: 529900HKE9RIY07SLX84 | Long             | EC               | CORP              | KY        |       550 | NS      | $74880.03     | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG BIOLOGICS CO LTD                          | SAMSUNG BIOLOGICS CO LTD KRW2500                                 | CUSIP: Y7T7DY103<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |        22 | NS      | $21994.60     | 0.38%             |  |  |  | No            |                  2 | 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        |      1029 | NS      | $26146.89     | 0.46%             |  |  |  | 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        |       780 | NS      | $71892.60     | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO DO BRASIL SA                                | BANCO DO BRASIL SA COM NPV                                       | CUSIP: P11427112<br>LEI: QE0Q0253K88YAGNPE356 | Long             | EC               | CORP              | BR        |     11900 | NS      | $53374.33     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| KB FINANCIAL GROUP INC                            | KB FINANCIAL GROUP INC KRW5000                                   | CUSIP: Y46007103<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |       286 | NS      | $31041.53     | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| HYUNDAI MOTOR COMPANY                             | HYUNDAI MOTOR COMPANY KRW5000                                    | CUSIP: Y38472109<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |        76 | NS      | $27659.99     | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                        | SAMSUNG ELECTRONICS CO LTD KRW100                                | CUSIP: Y74718100<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |       877 | NS      | $133051.76    | 2.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD    | TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD TWD10             | CUSIP: Y84629107<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     13251 | NS      | $899591.12    | 15.68%            |  |  |  | No            |                  2 | On Loan: No      |
| RAIA DROGASIL SA                                  | RAIA DROGASIL SA COM NPV                                         | CUSIP: P7942C102<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |      9000 | NS      | $39876.41     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTOFAGASTA PLC                                   | ANTOFAGASTA PLC ORD GBP0.05                                      | CUSIP: G0398N128<br>LEI: 213800MY6QVH4FVLD628 | Long             | EC               | CORP              | GB        |      2445 | NS      | $120234.22    | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| INFOSYS LTD                                       | INFOSYS LTD SPON ADR EACH REP 1 ORD SHS                          | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |      6643 | NS      | $82771.78     | 1.44%             |  |  |  | No            |                  1 | 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        |      7300 | NS      | $79266.34     | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECHNOLOGY SOLUTIONS CORP               | COGNIZANT TECHNOLOGY SOLUTIONS CORP COM CL A USD0.01             | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |      1720 | NS      | $90988.00     | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI BANK LTD                                    | ICICI BANK LTD SPON ADR EACH REP 2 ORD SHS                       | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |      6086 | NS      | $161826.74    | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROLEO BRASILEIRO SA                            | PETROLEO BRASILEIRO SA SPON ADS EACH REP 2 ORD SHS               | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |      7072 | NS      | $155796.16    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD COMPANY LTD                                   | BYD COMPANY LTD 'H'CNY1                                          | CUSIP: Y1023R104<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |      9200 | NS      | $121813.33    | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| RELIANCE INDUSTRIES LTD                           | RELIANCE INDUSTRIES LTD INR10(100%DEMAT)                         | CUSIP: Y72596102<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |     10710 | NS      | $162191.19    | 2.83%             |  |  |  | No            |                  2 | On Loan: No      |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD (THE) | INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD (THE) 'H'CNY1        | CUSIP: Y3990B112<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |    134000 | NS      | $120726.97    | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| DELTA ELECTRONICS INC                             | DELTA ELECTRONICS INC TWD10                                      | CUSIP: Y20263102<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |      3100 | NS      | $214030.01    | 3.73%             |  |  |  | No            |                  2 | On Loan: No      |
| SK HYNIX INC                                      | SK HYNIX INC KRW5000                                             | CUSIP: Y8085F100<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |       124 | NS      | $109115.87    | 1.90%             |  |  |  | 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        |       924 | PA      | $100706.03    | 1.75%             |  |  |  | No            |                  2 | On Loan: No      |
| VALE SA                                           | VALE SA SPONS ADS REPR 1 COM NPV                                 | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |      7673 | NS      | $125530.28    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BAJAJ AUTO LTD                                    | BAJAJ AUTO LTD INR10                                             | CUSIP: Y05490100<br>LEI: 335800DLAO5NCNN8G863 | Long             | EC               | CORP              | IN        |       535 | NS      | $56678.52     | 0.99%             |  |  |  | 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