EMQQ primarily focuses on the internet and e-commerce sectors of the developing world, helping investors capitalize on the growth of consumption in emerging markets, which represents a significant growth opportunity as more than a billion people are expected to enter the consumer class in the coming decades.
“Any investment professional that has spent even a small amount of time studying Emerging Markets knows that the key growth story in the developing world is the emergence of the middle class consumer. There are numerous studies published by investment banks, consulting firms and fund companies showing us how literally billions of people in developing countries are just now entering the middle class and increasing their discretionary consumption seeking out more and better food, clothing, appliances, cars, educations etc.,” Carter said in a note.
EMQQ holds over 50 companies operating in Emerging and Frontier Markets including China 50.7%, Hong Kong 11.3%, South Korea 10.0% and South Africa 6.4%. Top holdings include Naspers 7.5%, Tencent Holdings 7.4%, Alibaba Group 7.4%, Baidu 6.9% and JD.com 6.4%.
Financial advisors who are interested in learning more about an emerging market opportunity can register for the Thursday, August 2 webcast here.