| Financial Services Industry | Financials Sector | - CEO | ARCA Exchange | 032108870 CUSIP |
| US Country | - Employees | 28 Dec 2022 Last Dividend | - Last Split | - IPO Date |
The index is designed to track the performance of companies situated in emerging and frontier markets whose operations are significantly intertwined with financial technology (Fintech). These companies must generate at least half of their revenue from Fintech activities to qualify for inclusion in the index. By focusing on this sector, the index aims to capitalize on the rapid growth and innovation found in Fintech within these dynamic markets. The investment strategy commits at least 80% of its net assets, including borrowed funds for investment purposes, to securities that are part of the index. This approach underscores a significant concentration in the Fintech sector of emerging and frontier markets, aiming to offer investors exposure to its potential growth. However, it's important to note that the fund is non-diverse, indicating a focused investment approach that may involve higher risk due to its lack of diversification across different sectors or geographical regions.
Investing primarily in the equity securities, including common stock and depositary receipts, of companies engaged in the Fintech sector across emerging and frontier markets. This service seeks to provide investors with the opportunity to benefit from the growth potential of these markets through a focused investment approach.
This investment solution offers unique exposure to emerging and frontier market companies that are significantly involved in Fintech. By requiring these companies to derive a minimum of 50% of their revenue from Fintech activities, the fund ensures a targeted investment in the intersection of technology and financial services, sectors known for their rapid innovation and growth.
The non-diversified status of the fund means it invests a larger portion of its assets in fewer securities. This approach can lead to higher volatility and risk, reflecting a concentrated bet on the Fintech sector within emerging and frontier markets. It’s designed for investors who are willing to accept higher risk for the potential of higher returns associated with focused investments.