Bringing you live news and features since 2006 

Solactive releases emerging markets consumer technology index


Solactive has released the Solactive Emerging Markets Consumer Technology Index, used as the reference index for the KraneShares Emerging Markets Consumer Technology Index ETF.

The Index selects companies from 26 eligible countries within emerging markets whose primary business is internet retail, payment processing, software for internet and E-Commerce transactions, among others.

Solactive writes that this index is aimed at investors looking to gain access to the growing role of internet technology and e-commerce in emerging markets. The index invests in technology-related shares selected based on specific liquidity and market capitalization requirements. As of October 13, 2017, 58 per cent of the index was composed of companies operating in industries such as Internet and Data Services, Software, and General Merchandise Retail.

Timo Pfeiffer, Head of Research at Solactive, says: “The market for consumer technology has experienced significant success on a global level, with considerable growth coming from emerging markets due to increasing purchasing power in these regions. The Solactive Emerging Markets Consumer Technology Index allows investors to take advantage of these developing trends, while limiting exposure to individual companies.”

Brendan Ahern, Chief Investment Officer at KraneShares, says: “We are very pleased to partner with Solactive to deliver the index for our KraneShares Emerging Markets Consumer Technology ETF (Ticker KEMQ). The index development team was extraordinarily flexible in designing the index to match our views on the emerging markets consumer technology sector.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by