Anlageziel Ashmore SICAV Emerging Markets Local Currency Bond Fund 2 I USD Acc Fonds

The Sub-Fund will mainly seek to access the returns available from Emerging Market transferable debt securities issued by Sovereigns, Quasi-Sovereigns and Supra-Nationals denominated in Local Currencies and in derivative instruments. The Sub-Fund is actively managed and references JP Morgan Government Bond Index Emerging Market Global Diversified (the “Benchmark”) as part of its investment process. The Benchmark may be used by the Investment Manager when determining at its own discretion the composition of the Fund. While the Sub-Fund may hold assets that are components of the Benchmark, it can invest in such components in different proportions and it can hold assets which are not components of the Benchmark. Therefore returns may deviate materially from the performance of the specified reference Benchmark.