“That’s going to add at least one percent of GDP to India alone,” Fink added.
Investors who are interested in gaining exposure to both China and India’s markets can take a look at the First Trust ISE Chindia Index Fund (NYSEArca: FNI). FNI selects the top 25 stocks from each country by liquidity. The top three stocks are weighted at 7% each, the next three weighted at 4% each, the next three weighted at 2% each and the remaining stocks are equally weighted. [A Targeted China/India ETF to Capture Emerging Market Growth]
Alternatively, investors can target the emerging markets individually through country-specific ETFs. For instance, the Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (NYSEArca: ASHR) tracks mainland Chinese A-shares, while the iShares China Large-Cap ETF (NYSEArca: FXI) and SPDR S&P China ETF (NYSEArca: GXC) track Chinese company shares that trade outside of China. The WisdomTree India Earnings Fund (NYSEArca: EPI), iShares India 50 ETF (NasdaqGM: INDY) and PowerShares India Portfolio (NYSEArca: PIN) provide exposure to India’s markets. [Capture Overseas Opportunities with These ETFs]
For more information on developing economies, visit our emerging markets category.
Max Chen contributed to this article.