Securities must meet a minimum of a $300 million market cap and pass a liquidity screen that requires a $1 million average daily turnover. While it has the same investment philosophy as EMQQ, FMQQ has no China-based holdings. More than 60% of EMQQ’s assets are weighted toward China.įMQQ, meanwhile, seeks to provide investment results that, before fees and expenses, generally correspond to the price and yield performance of the Next Frontier Internet and Ecommerce Index ( ). These funds include the Emerging Markets Internet & Ecommerce ETF (NYSE Arca: EMQQ), the Next Frontier Internet & Ecommerce ETF (FMQQ), and the India Internet and Ecommerce ETF (NYSE Arca: INQQ).īy focusing on the internet and e-commerce in emerging markets, EMQQ looks to capture the growth and innovation happening in some of the largest and fastest-growing populations in the world. We think investors will as well.”įor investors looking to invest in the internet and e-commerce sectors within the developing world, EMQQ Global has a suite of emerging markets exchange traded funds that provide such exposure. They see the value when they run their internal models. “Many of our companies have increased their buybacks and special dividends to record levels. “Increasingly these companies are beginning to look like value plays,” said EMQQ Global founder and CIO Kevin T.
ISHARE EMERGING MARKETS ETF FREE
Per Lazard, they’re currently trading at a 30% valuation discount to developed markets while offering a higher dividend yield, a higher free cash flow yield, and a return on equity profile that’s been improving since the end of 2020. “Compared to the developed world, emerging markets equities have held up better this year, and we believe that this could be an attractive entry point for investors to (re)gain exposure to the asset class,” according to Lazard Asset Management.Įmerging markets also offer access to potentially higher economic growth. While this represents a decline of nearly 18% for emerging markets in the first half of 2022, that’s still above the almost 21% decline the developed world experienced during the same period. Past performance of a security may or may not be sustained in future and is no indication of future performance.While investors and analysts are concerned about high inflation, aggressive monetary tightening, and a possible recession, emerging markets fundamentals are relatively solid.Įmerging markets equities outperformed developed markets in the second quarter, with the MSCI EM Index finishing down approximately 11%, while the MSCI World Index was down 16%. Investments in securities are subject to market and other risks. It is a projection/opinion and not a statement of fact. The Quantitative Fair Value Estimate is calculated daily. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. For detail information about the Morningstar Star Rating for Stocks, please visit here Past performance of a security may or may not be sustained in future and is no indication of future performance.
If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. A 5-star represents a belief that the stock is a good value at its current price a 1-star stock isn't. This process culminates in a single-point star rating that is updated daily. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price.
Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. It is projection/opinion and not a statement of fact.
The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value.
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