The BIGGEST GROWTH OPPORTUNITY In The HISTORY Of Capitalism
-McKinsey & Co.
Billions of people are poised to enter the consuming class and gain access to smartphones, catalyzing a digital consumer revolution like we’ve never seen before.
The Next Frontier Internet + Ecommerce ETF, FMQQ, is designed to provide investors with exposure to the Internet and Ecommerce sectors of the developing world except for China. Many investors believe that the growth of consumption in frontier and emerging markets represents a significant growth opportunity as more than one billion people are expected to enter the consumer class in the coming decades1. Increasingly, these consumers are using cheap smartphones and affordable broadband mobile connections to access the Internet, opening a world of discovery and wonder.
FMQQ holds under 80 companies operating in Frontier and Emerging markets, including India, Brazil, Indonesia, Russia, South Korea, South Africa, Mexico, Argentina, Malaysia, Thailand, Vietnam, Philippines, Turkey, Czech Republic, Poland, Columbia, Singapore, Cyprus, and the United Arab Emirates.
Sources: 1. Brookings, Global Economy and Development: The Unprecedented Expansion of the Global Middle Class
Top 10 Holdings
As of 06/01/2023
RELIANCE INDUSTRIES LTD ORD
NU HOLDINGS LTD
JSC KASPI.KZ GDR-REG S
EASY TRIP PLANNERS LTD
NEXON CO. LTD
Holdings are subject to change