“China has made enormous progress in their infrastructure development, but the country still has literally decades of infrastructure build-outs and ongoing maintenance ahead of them to keep pace with their economic and population explosion,” said Robert Holderith, president and CEO of EG Shares. "That, combined with research which shows that emerging markets should provide about 80% of the entire world’s growth over the next 10 years, makes the China Infrastructure ETF launch timely.”
The top five industry weightings of the fund currently are real estate, metals and mining, construction and engineering, electrical equipment and construction materials.
“It is important to understand that what we take for granted in the developed world is currently in high demand in emerging economies,” added Richard Kang, chief investment officer and director of research at Emerging Global Advisors.
