Aussie investors will soon have the opportunity to gain exposure to the world’s sixth-largest economy. ETF Securities has partnered with one of the biggest asset managers in India and is poised to give Australian investors unique access to the burgeoning Indian economy. The launch of ETF Securities’ latest Exchange Traded Fund (ASX code: NDIA) is just around the corner and comes as more than 900 million eligible voters head to the polls in India.
“The elections now underway in India underscore the huge numbers we are dealing with when it comes to the Indian economy, an investment opportunity we will soon be putting within easy reach of Australian investors,” said Kris Walesby, head of ETF Securities Australia. Founded by entrepreneur and philanthropist Graham Tuckwell, ETF Securities offers funds ranging across local and international share markets and sectors including robotics, biotechnology and commodities. “India has a US$2.6 trillion-dollar economy that is home to iconic companies like Tata and Infosys,” Mr Walesby said. “Its transformation to a services-led economy has driven innovation and efficiencies and the rise of a wealthier consumer.”
The rest of this article can be found at investordaily.com.au.