yellow opening quotation marks

The BIGGEST GROWTH OPPORTUNITY In The HISTORY Of Capitalism yellow closing quotation marks

-McKinsey & Co.

Billions of people are poised to enter the consuming class and gain access to smartphones, catalyzing a digital consumer revolution like we’ve never seen before.

digital tools used for ecommerce
man and women smiling while holding phone

Understanding INQQ

The India Internet & Ecommerce ETF (NYSE: INQQ), is designed to provide investors with targeted exposure to the Internet and Ecommerce sectors in India. Armed with 27% of the worlds Gen -Z population, a middle class set to double by 2030, and 25 million new smartphone users added every quarter, the stage is set for the country to enter a golden age of digitization.

Sources: 1 2 3 4

Top 10 Holdings

As of 02/28/24

RELIANCE INDUSTRIES LTD ORD

9.24%

JIO FINANCIAL SERVICES LTD

8.99%

ZOMATO LTD

8.18%

INFO EDGE INDIA LTD

6.43%

BAJAJ FINANCE LTD

6.37%

PB FINTECH LTD

5.67%

MAKEMYTRIP LTD

5.62%

FRESHWORKS INC

5.27%

INDIAN ENERGY EXCHANGE LTD

4.20%

ANGEL ONE LTD

3.95%

Holdings are subject to change

Holdings are subject to change.

Country Weightings

As of 02/28/24
Indian flag

India 100%

*Companies must derive >50% of their revenue from India to be eligible for inclusion

Black and Gray Geography of India

Current Ecommerce Penetration in India is < 5%

Growing Rapidly, Infrastructure
Developing around Internet Technology

Source: Ppro Payments & E-commerce Report: Asia Pacific, January 2021

Compared to 25%
in China

Increasing at a slower rate, Technology
Developing to work with Existing Infrastructure

Source: JD.com, Financial Highlights Report, August 2021

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