India Infrastructure ETF Destined To Shine

India’s economy is growing at the second largest pace amongst the world’s major nations and is likely to continue to do so as the nation is abundant with an intelligent and young labor force.  Furthermore, this growth is shinning a ray of light on the nation’s infrastructure sector and boosting the appeal of the EGShares India Infrastructure ETF (INXX).

According to a recent article in The Wall Street Journal, numerous private equity firms have recognized this appeal and have turned their attention to the emerging market sector.  In fact, the article indicates that there were 48 private equity deals in infrastructure worth an estimated $3 billion last year, with another 38 infrastructure funds currently waiting to invest in India’s infrastructure.  Read more of this post

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India Infrastructure ETF Destined To Shine

With the continuing innovation in the ETF landscape, the announcement of the India Infrastructure ETF (INXX), the first sector-specific India fund to track the nation’s infrastructure sector, could be the answer to reaping the benefits of a sector that is destined to shine.

EGShares newest ETF carries an expense ratio of 0.85% and seeks to replicate the performance of the Indxx India Infrastructure Index, which is a benchmark that consists of 30 different companies that are influenced by the infrastructure sector.  As for sector allocations, nearly 23% of the ETFs assets are allocated to electricity companies, 19% to construction and materials companies and 14% to industrial metals and mining.  Read more of this post