An Emerging Markets based fund that debuted in September of 2010 that has impressively raised assets in a relatively short amount of time is ECON (EGShares Dow Jones Emerging Markets Consumer Titans, Expense Ratio 0.85%), which
currently has $926 million under management.

In fact, in the “Consumer Staples Equities” category, the fund ranks third behind XLP (SPDR Consumer Staples Select Sector, Expense Ratio 0.18%) and VDC (Vanguard Consumer Staples, Expense Ratio 0.14%) in terms of fund size based on assets under management.

The fund follows an index created by Dow Jones that is composed of thirty emerging markets based companies that are in the Consumer Goods and Services sectors, with exposure to names such as Companhia de Bebidas das Americas Ambev (10.87%), Naspers Ltd. (8.25%), and Fomento Economico Mexicano SAB de CV (6.90%) for instance.

Latin America is well represented, making up 48.54% of the portfolio and followed by EM based economies in Asia (29.55%), Africa (17.28%), and Europe (4.63%).