May 29, 2025
The Great Rotation: Why Now May be the Time to Invest in Emerging Markets
After more than a decade of U.S. market dominance, investors are beginning to...
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FMQQ provides broad exposure to the Internet and e-commerce sectors of Emerging Markets, excluding China. While the growth of the U.S. and China internet sectors represented the first and second waves of the global digital revolution, we believe that the countries within the FMQQ index represent a third wave. FMQQ aims to capture this consumer story by providing investors with a simple, cost-effective way to gain exposure to the digitization of Emerging Markets ex-China.
The FMQQ Index is a modified market cap-weighted index with the largest positions capped at 8% during the semi-annual reconstitution and rebalanced in June & December.
The Chime of Brazil, NU is one of the world's largest digital banking platforms.
The Amazon of Latin America, MELI is a massive online commerce and payments company.
The Paypal of India, Paytm is a fintech company, focused on digital payments & financial services.
The Amazon of Southeast Asia, SE is a leading global consumer internet company.
We provide investors exposure to the rise of the smartphone-enabled emerging markets consumer. Our strategies capture the Great Confluence of 3 mega trends: a swelling middle class producing 6 billion new consumers, first-ever access to smartphones, and first-ever access to internet via mobile. Through three strategies, investors can tailor their exposure to what McKinsey & Co. call the “biggest growth opportunity in the history of capitalism.”