INQQ

INQQ India Internet & Ecommerce ESG-S UCITS ETF – Acc

Europe’s first ETF providing ESG exposure to the rapid digitisation of India.

HANetf ICAV – INQQ Shareholder Notice – 28 May 2024

Case for our India Internet ETF

Rapid digitisation of India

India is the fastest growing major economy. With ~7 million new smartphone users every month, swathes of the population are coming online – but data suggests we are still early.

Pure-play exposure to India

Broader India indices may suffer from problems such as including state owned companies or overweighting legacy bank and oil sectors. The India Internet ETF looks to achieve pure India exposure through extensive screening.

ESG-screened exposure

Unique opportunity to access the rapid growth of India internet and ecommerce through an ESG screen. Stocks that fail to meet the strict criteria are excluded from the index.

Case for India Internet

Rapid digitisation of India

India is the fastest growing major economy. With ~7 million new smartphone users every month, swathes of the population are coming online – but data suggests we are still early.

A growing middle class

India’s growing middle class creates greater purchasing power, potentially boosting ecommerce.

A young population

India’s population is young, which may create more appetite for digitalisation and connectivity.

As of 29.05.2024

Fund Objective

INQQ India Internet & Ecommerce ESG-S UCITS ETF (INQQ) provides investors with exposure to India internet and ecommerce. India has become one of the fastest growing major economies. Central to this has been middle class growth, allowing swathes of the population to gain internet access and boosting online consumption. The country is believed to be in a digital golden age. Holdings in the India Internet ETF are screened to ensure the majority of their revenue comes from internet and ecommerce activities in India. The India ETF tracks INQQ The India Internet & Ecommerce ESG Screened Index and employs an ESG screen.

Key Information

Inception Date15/11/2023
Base currencyUSD
Net Assets of Fund$2,814,857
TER86 bps
Replication MethodPhysical
DomicileIreland
SFDR ClassificationArticle 8
ISINIE000WYTQSF9

Key Risks

The value of equities and equity-related securities can be affected by daily stock and currency market movements. Emerging frontier markets are subject to greater market volatility than developed markets. Investors; capital is fully at risk and investors may not get back the amount originally invested. For a complete overview of all the risks, please refer to the “Risk Factors” in the Prospectus.

Fund Information

TickerINQQ
Asset ClassEquities
Income TreatmentAccumulating
Rebalance FrequencySemi Annual

Net Asset Values

NAV$8.80
Net Assets of Fund$2,814,857
Shares Outstanding320,000
Issuer AUM$1,569,179,938

Fund Structure

UCITS CompliantYes
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusYes
Securities LendingYes

Key Service Providers

CustodianJ.P. Morgan SE - Dublin Branch
Portfolio ManagerTidal Financial Group
IssuerHANetf ICAV

Registrations

Austria
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Mexico
Netherlands
Norway
Spain
Sweden
United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
LSEINQQ LNINQQ.LBNYN986$2023-11-16
LSEINQP LNINQP.LBNYN997£2023-11-16
XetraINQQ GYINQQG.DEBN44ZR02023-11-17
Borsa ItalianaINQQ IMINQQ.MIBN44V492023-11-30
BMVINQQN MM-BR86280MX$2024-04-19
Exchange LSE
Ticker INQQ LN
RIC INQQ.L
SEDOL BNYN986
CCY $
Listing Date 2023-11-16
Exchange LSE
Ticker INQP LN
RIC INQP.L
SEDOL BNYN997
CCY £
Listing Date 2023-11-16
Exchange Xetra
Ticker INQQ GY
RIC INQQG.DE
SEDOL BN44ZR0
CCY
Listing Date 2023-11-17
Exchange Borsa Italiana
Ticker INQQ IM
RIC INQQ.MI
SEDOL BN44V49
CCY
Listing Date 2023-11-30
Exchange BMV
Ticker INQQN MM
RIC -
SEDOL BR86280
CCY MX$
Listing Date 2024-04-19

Performance

INQQ (Fund)INQQETR (Index)
1M2.49%3.21%
3M4.40%5.87%
6M--
YTD6.38%8.22%
12M--
3Y--
Since Inception (15/11/2023)14.70%17.64%

NAV

Source: HANetf, data as of 30.04.2024. Please note that all performance figures are showing net data. Performance before inception is based on back-tested data. Back-testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. If fund is less than 12 months old, YTD field will be calculated since inception. When you invest in ETFs your capital is at risk.

Holdings As of 29.05.2024

No. of holdings: 25

NameWeight
JIO FINANCIAL SERVICES9.65%
ZOMATO LTD COMMON STOCK9.10%
RELIANCE INDUSTRIES LTD8.78%
MAKEMYTRIP LTD COMMON7.38%
INFO EDGE INDIA LTD7.00%
BAJAJ FINANCE LTD COMMON6.49%
PB FINTECH LTD COMMON5.77%
INDIAN ENERGY EXCHANGE4.46%
JUBILANT FOODWORKS LTD3.74%
FSN E-COMMERCE VENTURES3.74%

SectorWeight
Communications31.60%
Technology22.91%
Financials22.05%
Consumer Discretionary10.55%
Energy8.78%
Utilities4.46%

Methodology

Companies must derive the majority of their revenue from internet and ecommerce activities in India, and are ESG-screened. Rebalanced semi-annually.

Index Details

IndexINQQ The India Internet & Ecommerce ESG Screened Index
Index CurrencyUSD
Index ProviderSolactive AG
Index TickerINQQETR

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

Video

Explore the latest video on the India Internet ETF, explaining why India’s stock market is poised to skyrocket, more than doubling in value to $10 trillion by 2030, thanks to the country’s surging economy and persistent reforms.

About Partner

EMQQ Emerging Markets Internet and Ecommerce UCITS ETF has been developed by HANetf, EMQQ Index and EMQQ Global LLC, a US-based emerging market investment specialist and provider of NYSE-listed EMQQ ETF. https://www.emqqetf.com/