EMQQ Emerging Markets Internet and Ecommerce UCITS ETF Breaks $100 Million AUM Milestone
- Pioneering
fund was the first UCITS ETF to be launched by HANetf’s white-label platform
- EMQQ
is one of the best performing emerging market funds in 2020
- Performance
up 32% YTD and 47% over 1 year
09 July, 2020, London - HANetf, Europe’s pioneering
white-label ETF platform is pleased to announce that EMQQ – The Emerging Market Internet & Ecommerce UCITS ETF has reached the $100
million AUM milestone [1],
driven by stellar performance and new investment flows.
EMQQ made history in October 2018
when it listed on London Stock Exchange, becoming the first UCITS ETF to launch
via a white-label platform.
The ETF delivers exposure to an
index of leading companies driving the growth of online consumption in the
developing world. To be included, companies must derive more than half their
profits from Ecommerce or internet activities, including search engines, online
retailers, social networks, online video, online gaming, e-payment systems and
online travel. Unlike most emerging
market indices the companies included do not need to be listed locally.
The EMQQ Emerging Markets
Internet & Ecommerce index was created by Kevin Carter, CEO of Big Tree
Capital and includes luminaries such as Burton Malkiel, Princeton Professor of
Economics on its advisory board. The
strategy has been one of the best-performing emerging market funds in the world
over 2020[1]. The EMQQ UCITS ETF delivered 16.63% in June
2020, 32.68% YTD and 47.27% in one year [3].
Past performance is no guarantee
of future performance. When you trade ETFs your capital is at risk.
Kevin Carter, Founder of EMQQ
said, “We’re delighted to see the success that EMQQ has had in Europe which
validated our strategy of diversifying our distribution beyond North America.
EMQQ has resonated as the story is simple – as emerging market consumers become
wealthier they will do more, buy more and work more via their mobile phones and
tablets. EMQQ taps into the heart of this massive change that is affecting more
than half of the world’s population.”
He further commented: "The performance of the Emerging Markets
Internet and Ecommerce space in 2020 has been a bright spot not just in EM
investing but in looking across global markets as well, and has been achieved
despite the ongoing COVID-19 pandemic, seemingly never-ending trade tensions,
and delisting threats in the U.S.
COVID-19 seems to have acted as an accelerator for smartphone Ecommerce
in Emerging Markets. This, coupled with what we believe to be strong
fundamentals and attractive valuations, could continue to offer further
potential growth for emerging market internet and e-commerce companies going
forward."
Hector McNeil, co-CEO of
HANetf said “Congratulations to Kevin Carter and the team on reaching this
milestone, which will only be the start for EMQQ. Kevin put his faith in a new idea – a
white-label platform that would manage all the operational, regulatory and
distribution elements that make an ETF successful and we’re delighted that we
have helped support his vision of bringing EMQQ to European investors with a
strong start.
The HANetf team is one of the
most experienced in the market and we continue to grow a formidable sales,
distribution and marketing capability that gives our clients instant scale and
reach, enabling them to compete, succeed and win in the high-growth,
competitive European ETF market. This
growth, issuing 7 more highly innovative ETFs for 5 other clients all entering
the European market proves HANetf’s long track record of product innovation and
most importantly raise assets under management in a highly competitive market”
EMQQ is listed on London Stock
Exchange, Borsa Italiana, XETRA, SIX and CBOE and has a TER of 86bps.
Exchange |
BB Code |
RIC |
ISIN |
Currency |
London Stock Exchange
|
EMQQ LN
|
EMQQ.L
|
IE00BFYN8Y92
|
USD
|
London Stock Exchange
|
EMQP LN
|
EMQP.L
|
IE00BFYN8Y92
|
GBP
|
Borsa Italiana
|
EMQQ IM
|
EMQQ.MI
|
IE00BFYN8Y92
|
EUR
|
XETRA
|
EMQQ GY
|
EMQ1.DE
|
DE000A2N5XA8
|
EUR
|
SIX
|
EMQQ SW
|
EMQQ.S
|
IE00BFYN8Y92
|
CHF
|
When you invest in ETFs your
capital is at risk.