The EGShares India Consumer exchange-traded fund (ETF) seeks investment results that correspond (before fees and expenses) to the price and yield performance of the Indxx India Consumer Index, a 30 stock free float adjusted market capitalization index designed to measure the market performance of companies in the consumer sector of India. The index consists of common stocks that are listed on National Stock Exchange and Bombay Stock Exchange.
(As of 3/31/13) |
ETF Ticker (NYSE): |
INCO |
Bloomberg Index Ticker: |
IINCOT |
|
Inception Date |
8/10/2011 |
|
*Expense Ratio |
0.89% |
|
Holdings |
30 |
|
Average Market Cap |
$7.45B |
|
Median Market Cap |
$4.26B |
|
Trailing P/E Ratio |
27.05x |
|
Price/Book Ratio |
7.82x |
|
Index Dividend Yield |
1.19% |
Sector Breakdown
(As of 3/31/13) |
Sector |
Weights |
Personal Goods |
22% |
|
Automobiles & Parts |
19.8 |
|
Food Producers |
16.2 |
|
Industrial Engineering |
10.7 |
|
Beverages |
10.4 |
|
Media |
9.9 |
|
Tobacco |
5.7 |
|
Travel & Leisure |
3.5 |
|
Leisure Goods |
1.0 |
|
Household Goods & Home Construction |
0.5 |
Industry Breakdown
(As of 3/31/13) |
Industry |
Weights |
Consumer Goods |
75.6% |
|
Consumer Services |
13.4 |
|
Industrials |
11.0 |
Top Company Holdings
(As of 3/31/13) |
Company |
Weights |
United Spirits Ltd |
7.3% |
|
GlaxoSmithKline Consumer Healthcare Ltd |
6.1 |
|
Godrej Consumer Products Ltd |
5.9 |
|
ITC Ltd |
5.7 |
|
Hindustan Unilever Ltd |
4.9 |
|
Nestle India Ltd |
4.9 |
|
Zee Entertainment Enterprises Ltd |
4.8 |
|
Mahindra & Mahindra Ltd |
4.7 |
|
Bajaj Auto Ltd |
4.5 |
|
Hero Motocorp Ltd |
4.4 |
Performance
(As of 3/31/13) |
1-Month (%) | 3-Month (%) | Year-to-Date (%) | 1-Year (%) | Since Inception (%)** |
|
| Total Returns (Net Asset Value) |
1.24 | -7.84 | -7.84 | 15.83 | 6.26 | |
| Total Returns (Market Price) |
1.42 | -9.05 | -9.05 | 15.89 | 6.26 | |
| Dow Jones Emerging Markets Indxx India Consumer Index | 1.25 | -7.67 | -7.67 | 17.84 | 7.92 |
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call + 1 888 800 4347.
Because the Fund only invests in Indian securities, its NAV will be much more sensitive to changes in economic, political and other factors within India than would a fund that invested in a greater variety of countries. Special risks include, among others, political and legal uncertainty, persistent religious, ethnic and border disputes, greater government control over the economy, currency fluctuations or blockage and the risk of nationalization or expropriation of assets.
Market price returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.
*Effective April 1, 2013, EGA replaced the Fund's fee and expense structure with a unified fee ("Unified Fee"). Under the Unified Fee, EGA pays all ordinary operating expenses of the Fund from EGA's advisory fee.
This fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry.
**INCO inception date is 8/10/2011.