The world economy is increasingly leaning towards technological innovation. With Gen Z approaching, which will dominate the next wave of rapidly digitized consumer base, a country of nearly 1.4 billion people is making India ready for transformation.
In upcoming webcast Internet Trends in Emerging Markets: The Rising Generation of Digital Consumers in IndiaKevin Carter, Founder and CIO of EMQQ, will discuss where India fits into the broader digital revolution, with an understanding of the key sectors and companies leading this digitization, from pharmaceuticals to consumer stocks.
ETF investors can gain targeted access to the consumer spending potential of the growing middle class in expanding emerging markets through Emerging Markets Internet and E-Commerce ETF (NYSEArca: EMQQ)… EMQQ focuses on the growing consumer sector in emerging markets, especially aspects related to online shopping and the fast-growing e-commerce industry.
The Emerging Markets Internet and E-Commerce ETF attempts to capture the performance of the EMQQ Index, which includes companies that are expected to generate the majority of their profits from e-commerce or online activities, and includes search engines, online retail, social media, online video. electronic payments, online games and online travel.
The ETF portfolio includes many well-known emerging market names including Meituan, Tencent, Alibaba, Naspers, MercadoLibre, Prosus, JD.com, PinDuoDuo, Naver, Baidu and Netease, among others.
EMQQ primarily focuses on the Internet and e-commerce sectors in developing countries, helping investors capitalize on growing consumption in emerging markets. More than one billion people are expected to join the consumer class in the coming decades.
“Emerging markets still have tremendous potential due to their young populations and growing consumer class. Their ability to leapfrog traditional consumption patterns is largely due to the fusion of growing consumerism in emerging markets, smartphones and the Internet. In fact, McKinsey & Company called this digital revolution “the greatest growth opportunity in the history of capitalism,” and this observation inspired EMQQ to take a unique approach to investing. ” according to EMQQ research.
“Today, almost 90% of the world’s population under the age of 30 lives in emerging market and developing countries. The global middle class is expected to expand to 5.5 billion by 2030, with emerging market consumption of $ 30 trillion – nearly half of the global total. ”
Financial advisors interested in learning more about emerging market opportunities can sign up for the Thursday April 8th webcast here.