HANetf and EMQQ Emerging Markets Internet & Ecommerce UCITS ETF (EMQQ ETF), has launched their second exchange trade fund: FMQQ Next Frontier Internet & Ecommerce ESG-S UCITS ETF (FMQQ) on the London Stock Exchange, Deutsche Börse, Borsa Italiana and Euronext Paris.

The FMQQ ETF will provide investors with targeted exposure to the non-Chinese companies that are in EMQQ Emerging Markets Internet and Ecommerce UCITS ETF, the new ETF is also ESG screened and complies SFDR 8. 

FMQQ seeks to harness the growth potential of Internet and ecommerce companies in frontier and emerging markets economies other than China such as India, Brazil, Mexico, Russia, Turkey, Nigeria, and Indonesia. 

Due to the great confluence of smartphones, the internet, and a growing consumer class, new companies and apps are emerging around the world. Thanks to this new young consumer class they are leapfrogging traditional shopping and creating new consumer consumption trends. 

The FMQQ ETF currently is comprised of 60 names, including top holdings such as MercadoLibre of Argentina; Sea Limited, a Singaporean “super app”; Zomato, an Indian food delivery app; and Jumia, which has been called the “Amazon of Africa”. All companies in the FMQQ Index are drawn from the three major regions of Asia, Latin America, and EMEA (Europe, Middle East, and Africa).

Kevin T. Carter, founder and chief executive of EMQQ ETF, said: “We launched EMQQ Emerging Markets Internet & Ecommerce UCITS ETF in 2018 on London Stock Exchange with the conviction that internet and e-commerce companies in the developing world represented the best way to capture the real growth of emerging markets – the emerging markets consumer – and we’ve been right. Today, nearly 90 percent of the world’s population under the age of 30 lives in emerging economies. By 2030, the global middle class is expected to swell to 5.5 billion people with consumption in emerging markets totalling $30 trillion – nearly half of the global total.” 

Hector McNeil, chief executive of HANetf said: “We are delighted to launch FMQQ Next Frontier Internet & Ecommerce ESG-S UCITS ETF  alongside its sister product EMQQ Emerging Markets Internet & Ecommerce UCITS ETF on the HANetf platform. EMQQ has been a thematic favourite with investors in Europe and we’re excited to offer European investors the opportunity to capture the potential growth in the Emerging and Frontier Markets consumer story beyond China.”