The EGShares Telecom GEMS Exchange Traded Fund (ETF) seeks to achieve its investment objective of total return by investing in the constituent securities of the Dow Jones Emerging Markets Telecommunications Titans 30 Index. The index is created to represent 30 of the largest emerging market companies in the Telecommunications Industry as defined by the Industry Classification Benchmark (ICB). Stocks are selected to the index based on rankings by float-adjusted market capitalization, revenue and net profit.
(As of 6/30/12) |
ETF Ticker (NYSE): |
TGEM |
Bloomberg Index Ticker: |
DJETST |
|
Inception Date |
6/23/2011 |
|
Net Expenses* |
0.85% |
|
Holdings |
30 |
|
Average Market Cap |
$46.71B |
|
Median Market Cap |
$17.80B |
|
Trailing P/E Ratio |
15.3x |
|
Price/Book Ratio |
1.8x |
|
Index Dividend Yield |
5.20% |
Country Weights
(As of 6/30/12) |
Country |
Weights |
China
|
17.03% |
|
Malaysia |
11.89 |
|
South Africa |
10.47 |
|
Brazil |
10.04 |
|
Mexico |
9.57 |
|
Russia |
7.37 |
|
Thailand |
5.35 |
|
Turkey |
4.99 |
|
India |
4.94 |
|
Indonesia |
4.39 |
|
Industry Weights
(As of 6/30/12) |
Industry |
Weights |
Mobile Telecom |
72.4% |
|
Fixed Line Telecom |
27.4 |
Top 10 Holdings
(As of 6/30/12) |
Company |
Weights |
China Mobile Ltd |
10.34% |
|
America Movil SAB de CV |
9.47 |
|
MTN Group Ltd
|
6.77 |
|
Telekomunikasi Indonesia Persero Tbk PT |
4.39 |
|
Mobile Telesystems OJSC |
4.33 |
|
Telefonica Brasil |
3.83 |
|
Bharti Airtel Ltd
|
3.78 |
|
Philippine Long Distance Telephone Co |
3.73 |
|
Advanced Info Service PCL |
3.71 |
|
Axiata Group Bhd |
3.42 |
Performance
(As of 6/30/12) |
1-Month (%) | 3-Month (%) | Year-to-Date (%) | 1-Year (%) | Since Inception (%)** |
|
Total Returns (Net Asset Value) |
6.15 | -5.99 | 4.05 | -6.38 | -3.82 | |
Total Returns (Market Price) |
5.53 | -6.93 | 5.24 | -6.53 | -3.47 | |
Dow Jones Emerging Markets Telecommunications Titans 30 Index | 5.90 | -6.25 | 4.05 | -6.43 | -3.99 |
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.
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.
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.
*Gross expenses of 1.20% are reimbursed to keep from exceeding 0.85% of net assets. This agreement will remain in effect and will be contractually binding at least until July 29, 2012.
**TGEM inception date is 6/23/2011