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

-McKinsey & Co.

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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
Full Holdings List
Fund Fact Sheet

Top 10 Holdings

As of 05/09/24

JIO FINANCIAL SERVICES LTD

— 9.85%

ZOMATO LTD

— 9.51%

RELIANCE INDUSTRIES LTD ORD

— 8.54%

INFO EDGE INDIA LTD

— 6.93%

MAKEMYTRIP LTD

— 6.82%

BAJAJ FINANCE LTD

— 6.54%

PB FINTECH LTD

— 6.08%

INDIAN ENERGY EXCHANGE LTD

— 4.21%

FSN E-COMMERCE VENTURES LTD

— 3.98%

FRESHWORKS INC

— 3.55%

Holdings are subject to change

Holdings are subject to change.

Country Weightings

As of 05/09/24
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

Learn More About INQQ

Recent News

INQQ Investment Strategy

India’s growth now stands at an inflection point. The unique entrepreneurial conditions that gave rise to Silicon Valley have spread, been adapted, and matured with India now the world leader in start-ups with over 70 unicorns crossing a value of $1 billion.* With India’s swelling middle class of youthful digitized consumers hungry for modernization serving as a catalyst, these innovative companies are just now beginning to go public and join the ranks of INQQ. Currently with over 20 holdings, INQQ companies derive a majority of revenue from Internet & Ecommerce activities in India. Constituents are from but not limited to sectors including Internet Services, Internet Retail, Internet Broadcasting, Internet Media, Online Advertising, Online Travel, Online Gaming, Search Engines, Social Networks, etc. INQQ is a modified market cap-weighted Exchange Traded Fund with the largest positions capped at 8% during the semi-annual reconstitution and rebalanced in June & December.

*Source: The Print, India leads world in start-ups with over 70 unicorns, 28 Nov. 2021

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Disclosures

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by visiting www.inqqetf.com. Read the Prospectus carefully before investing.

 

The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times.  

Risk Information

There is no guarantee that the Fund or the index will achieve its investment objective.

Investing involves risk, including the possible loss of principal. Investments in smaller and mid-sized companies typically exhibit higher volatility. The Fund is non-diversified. Investing in India may involve the risk of capital loss from unfavorable fluctuations in currency values, from differences in generally accepted accounting principles, or from economic or political instability in India as well as increased volatility and lower trading volume. Certain restrictions on foreign investment may decrease the liquidity of the Fund’s portfolio, subject the Fund to higher transaction costs, or inhibit the Fund’s ability to track the Index. The Fund’s investments in securities of issuers located or operating in India may be limited or prevented, at times, due to the limits on foreign ownership imposed by the Reserve Bank of India (“RBI”). 

 

The Fund is registered as a foreign portfolio investor (“FPI”) with the Securities and Exchange Board of India (“SEBI”) in order to have the ability to make and dispose of investments in Indian securities. There can be no assurance that the Fund will qualify or continue to qualify as an FPI, or that the Indian regulatory authorities will continue to grant such qualifications, and the loss of such qualifications could adversely impact the ability of the Fund to make and dispose of investments in India.

 

The Fund invests in the securities of Internet Companies, including internet services companies and internet retailers, and is subject to the risk that market or economic factors impacting technology companies and companies that rely heavily on technology advances could have a major effect on the value of the Fund’s investments.

 

There is no guarantee that the Fund or the index will achieve its investment objective.

 

Exchange Traded Concepts, LLC serves as the investment advisor and EMQQ Global serves as the Administrator of the Fund and the Index Provider. The Funds are distributed by SEI Investments Distribution Co. (SIDCO)

 

1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Exchange Traded Concepts, LLC.

Check the background of SIDCO on FINRA’s BrokerCheck.