Exhibit (e)(2)(iv)

Schedules A and B to

Amended and Restated Distribution Contract

Amended as of June 24, 2014

Schedule A

ASHMORE FUNDS

Separate Series

Fund Name

Ashmore Emerging Markets Corporate Debt Fund

Ashmore Emerging Markets Currency Fund (formerly Ashmore Emerging Markets Local Currency Fund)

Ashmore Emerging Markets Local Currency Bond Fund

Ashmore Emerging Markets Short Duration Fund

Ashmore Emerging Markets Debt Fund (formerly Ashmore Emerging Markets Sovereign Debt Fund)

Ashmore Emerging Markets Total Return Fund

Ashmore Emerging Markets Equity Fund

Ashmore Emerging Markets Small-Cap Equity Fund

Ashmore Emerging Markets Frontier Equity Fund

Dated as of: June 24, 2014

Schedule B

ASHMORE FUNDS

Share Classes

All Funds

Institutional Class

Class A

Class C

Dated as of: June 24, 2014

[signature page follows]

[Schedules A and B to Distribution Contract]

IN WITNESS WHEREOF, ASHMORE FUNDS and ASHMORE INVESTMENT MANAGEMENT (US) CORPORATION have each caused these amended Schedules A and B to the Distribution Contract to be signed in its behalf by its duly authorized representative, as of the date hereof.

ASHMORE FUNDS
By:	/s/ Michael S. Perman
Name:	Michael S. Perman
Title:	Secretary

ASHMORE INVESTMENT MANAGEMENT (US) CORPORATION
By:	/s/ Christopher Tsutsui
Name:	Christopher Tsutsui
Title:	Director

Date: June 24, 2014

[Schedules A and B to Distribution Contract]