Ashmore Group

Ashmore as of March 31, 2011

Portfolio Holdings for Ashmore

Ashmore holds 43 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Mobile TeleSystems OJSC 19.7 $44M 2.1M 21.23
Vimpel 17.4 $39M 2.8M 14.12
Vale (VALE) 17.2 $38M 1.2M 33.35
America Movil Sab De Cv spon adr l 6.8 $15M 259k 58.10
Chunghwa Tele 6.0 $13M 432k 31.16
Ternium (TX) 4.1 $9.1M 254k 35.94
Philippine Long Distance Telephone 2.7 $6.0M 112k 53.50
Homex Development 2.2 $4.8M 177k 27.25
iShares MSCI All Peru Capped Index Fund (EPU) 1.9 $4.2M 91k 45.65
iShares MSCI Brazil Index (EWZ) 1.9 $4.1M 53k 77.50
China Fund (CHN) 1.6 $3.6M 114k 31.48
Templeton Dragon Fund (TDF) 1.4 $3.2M 104k 31.00
Aberdeen Latin Amer Eqty 1.1 $2.5M 64k 39.02
Companhia Siderurgica Nacional (SID) 1.0 $2.3M 136k 16.66
iShares MSCI Thailand Index Fund (THD) 1.0 $2.2M 33k 66.82
Morgan Stanley China A Share Fund (CAF) 1.0 $2.2M 76k 28.74
Market Vectors Brazil Small Cap ETF 1.0 $2.2M 39k 56.71
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 1.0 $2.1M 34k 62.85
iShares MSCI South Korea Index Fund (EWY) 0.9 $2.1M 32k 64.36
Wisdomtree Tr em lcl debt (ELD) 0.9 $2.0M 38k 51.92
Companhia Brasileira de Distrib. 0.8 $1.8M 43k 41.94
Market Vectors Indonesia Index 0.8 $1.8M 60k 29.94
WisdomTree India Earnings Fund (EPI) 0.8 $1.7M 68k 24.80
Aberdeen Indonesia Fund 0.6 $1.4M 108k 13.28
iShares FTSE/Xinhua China 25 Index (FXI) 0.6 $1.3M 28k 44.91
MSCI Indonesia Investable Market Ind (EIDO) 0.5 $1.2M 39k 29.85
Templeton Russia & East European Fund 0.5 $1.1M 46k 23.96
Taiwan Fund (TWN) 0.5 $1.1M 57k 18.67
Korea (KF) 0.5 $1.0M 21k 48.29
iShares MSCI Taiwan Index 0.4 $981k 66k 14.86
Mexico Fund (MXF) 0.4 $872k 30k 28.99
Turkish Investment Fund 0.3 $779k 48k 16.19
Morgan Stanley Emerging Markets Domestic (EDD) 0.3 $766k 47k 16.19
Morgan Stanley Frnt Emerg 0.3 $717k 51k 13.96
Mechel OAO 0.3 $684k 22k 30.81
iShares MSCI Malaysia Index Fund 0.3 $600k 41k 14.80
JF China Region Fund 0.3 $571k 37k 15.40
iShares MSCI South Africa Index (EZA) 0.2 $500k 6.9k 72.99
Ishares Tr Phill Invstmrk (EPHE) 0.2 $468k 20k 23.76
Malaysia Fund 0.2 $428k 37k 11.50
Market Vector Russia ETF Trust 0.2 $349k 8.4k 41.67
Taiwan Greater China Fund 0.1 $314k 44k 7.21
Templeton Emerging Markets (EMF) 0.1 $292k 13k 23.42