Although the slump afflicting some of the largest emerging markets ETFs (and some of the mid-tier country funds as well) has not shown any signs of abating, that does not mean opportunity among developing world equities is dead.
Developing economies can still generate above-average returns as a growing middle class demands a higher standard of living. For instance, the rise in discretionary spending should help boost car sales. [Opportunities In Emerging Markets]
“According to the World Bank, the emerging market middle class is expected to increase from 4 percent of global population in 2000 to 15 percent in 2030. With that, the OECD estimates that global spending is projected to grow from $21 trillion in 2009, to $35 trillion by 2020, and $56 trillion by 2030,” notes EGShares in the statement.
EGShares Emerging Markets Consumer ETF
