INQQ

INQQ is designed to provide exposure to an index of publicly-listed companies tied to the internet and e-commerce sectors of India. The fund targets leader firms, which produces most of their revenue from activities in, but not limited to, the fields of internet-based services, retail, broadcasting, and media, as well as online-based advertising, travel, gaming, search engines, and social networks. The index includes common stocks, ADRs and GDRs and applies no additional screens beyond those typical for minimum size and liquidity. Selected constituents are then market cap-weighted, but are subject to free-float adjustments and concentration limits, including an 8% individual capping. The index is reconstituted and rebalanced semi-annually in June and December.