Kevin Carter, the Founder & CIO of The Emerging Markets Internet & Ecommerce Index (NYSE:EMQQ) will share why we’re entering a unique inflection point for Emerging Market investors being on the cusp of a massive IPO wave for the “Silicon Valleys” of the developing world.
Kevin has worked alongside Princeton Economist Dr. Burton Malkiel for over two decades focused on China/Emerging Markets that’s culminated in the creation of EMQQ and the best overall performing EM Index for the 1yr, 3yr, and 5yr periods according to ETFdb. Now he has just launched FMQQ, the Next Frontier Internet & Ecommerce Index targeting the ex China part of the digital revolution story.
EMQQ aims to provide exposure to the intersection of three macro trends in emerging markets: the rising middle class, increasingly affordable smartphones, and consumption patterns going online for the first time via smartphones promoting rapid ecommerce growth. With the internet becoming increasingly affordable and accessible, billions of people in the developing world are now leapfrogging traditional consumption patterns and starting to consume online for the first time. The result of this rising middle-class consumer wave has transformed economies and created a digital revolution in emerging markets.