90% of all new internet users will come from the emerging markets in the next decade. FMQQ offers exposure to the thriving internet platforms of these emerging markets, avoiding China's geopolitical risks and focusing on "greenfield" markets like India, Latin America, and Southeast Asia. The rise of mobile-centricity amid these very young populations creates an impressive opportunity for FMQQ holdings like Mercado Libre, Nu Holdings, Grab, Kaspi, and MakeMyTrip.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Daniel Guy Ethos Financial Group LLC | 35,598 | $452,057.73 | $434,651.58 | -$17,406.15 | -3.85% |
Carmen McClennon WR Wealth Planners, LLC | 180 | $2,172 | $2,183.4 | $11.4 | 0.52% |
| CAJ Carl Amos Johnson Grove Street Fiduciary LLC | 890,694 | $11.18M | $10.74M | -$440,537.07 | -3.94% |
| ARCA Exchange | US Country |
The fund operates as an investment body that strategically allocates its assets predominantly in the securities forming part of a specific index. This index, crafted by EMQQ Global LLC, aims to track the performance of a selectable pool of public companies from emerging and frontier markets, which are particularly focused on internet and e-commerce sectors. In normal market conditions, the fund dedicates at least 80% of its net assets to investments directly in internet companies or through depositary receipts that represent these companies. It is important to note that this fund opts for a non-diversified investment approach, meaning it may invest more heavily in fewer sectors or companies compared to diversified funds. This strategy can offer both higher potential returns and higher potential risks.
This primary service involves investing in securities that are part of the aforementioned index or in depositary receipts of these securities. These investments target companies within the emerging and frontier market spaces, focusing on the burgeoning sectors of internet and e-commerce. The selection of securities is informed by their inclusion in the index designed by EMQQ Global LLC, which is specifically aimed at capturing the growth and performance of the internet and e-commerce industries across less developed markets.
Unlike diversified funds that spread their investments across a wide range of sectors and companies to mitigate risk, this fund adopts a non-diversified approach. By concentrating investments in the internet and e-commerce sectors of emerging and frontier market companies, the fund may pursue higher returns. However, this focused investment strategy also entails a higher level of risk, as the fund's performance is more closely tied to the fortunes of fewer sectors and companies.