Related: International Exposure, Smart Beta Are Hot Topics at IMN Conference
Moreover, the growth in consumer spending is being fueled by a rising middle-income group in the developing countries. This is also supported by a much younger demographic in the emerging countries, which have further room for income growth. As the economies continue to develop and wage growth improves, the rising consumer base will also be in a position to spend to improve their quality of life. Annual consumption in developing markets is expected to more than double by 2025 to $30 trillion.
ECON’s top country weights include South Africa 22.3%, China 21.1%, India 14.3%, Mexico 11.8% and Brazil 10.5%.
Top components include Naspers 10.2%, JD.com 5.9%, Ambev 5.5%, Fomento Economico Mexica 4.6% and Ctrip.com 4.6%.
Financial advisors who want to learn more about the emerging market opportunity can register for the Thursday, June 29 webcast here.