HANetf to launch India internet and e-commerce ETF

In partnership with EMQQ Global

HANetf is set to launch an ETF offering investors ESG-screened exposure to the rapid digitation of India.

According to the firm, the Article 8-classified INQQ India Internet & E-commerce ESG-S UCITS ETF (INQQ) is Europe's first ESG-screened ETF targeting India's growing internet sector. Its strategy is to capture companies benefitting from increasing online consumption by India's "growing middle class" and provide ease of access to owning Indian securities listed only on the Bombay Stock Exchange or National Stock Exchange of India. HANetf calls time on frontier markets e-commerce ETF due to low AUM The firm noted that India's BSE SENSEX has returned 90% compared to the S&P 500's 58%, ...