Tap On India’s Consumer Story With The New India Small Cap ETF (SCIN)
There are opportunities to be had in smaller companies in India as they have a more direct connection to consumers, says Richard Kang, CIO & director of research at Emerging Global Advisors. He explains more, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
The Emerging Global Shares Indxx India Small Cap ETF (SCIN) seeks investment results that generally correspond (before fees and expenses) to the price and yield performance of the Indxx India Small Cap Index. The index is a freefloat market capitalization weighted stock market index comprised of a representative sample of 75 Indian companies that Indxx, LLC determines to be the representative of small market capitalization companies domiciled in India. This fund is new and has limited operating history.
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