EMCG’s top holdings include iPath MSCI India Index ETN 3.6%, Ping An Insurance Group Co 3.5%, Cia de Bebidas das Americas 3.5%, America Movil SAB 3.2% and Astra International Tbk 3.2%.
“We have designed EMCB to provide exposure to broad cross sections of the markets, beyond one or two sectors, in companies we believe are positioned to benefit from the growth of emerging market consumption,” Schwartz added.
Sector allocations include consumer discretionary 26.9%, consumer staples 26.6%, financials 17.9%, telecom services 11.1%, industrials 4.1%, utilities 4.1%, other 3.6% and health care 1.3%. [Emerging Market ETFs for Dividends, Consumer Sector]
Country allocations include China 18.1%, Brazil 15.6%, South Africa 12.6%, Mexico 10.1%, Indonesia 8.0%, Turkey 6.9%, South Korea 5.2%, Malaysia 4.7%, Thailand 3.6%, India 3.6%, Taiwan 2.1%, Philippines 2.0%, Russia 1.9%, Chile 0.6% and Poland 0.4%. [This ETF Offers Compensation for Emerging Markets Risk]
For more information on fund products, visit our new ETFs category.
Max Chen contributed to this article.