EMFQ Profile
The Amplify Emerging Markets FinTech ETF is designed to provide investors with exposure to the rapidly evolving fintech sector within emerging and frontier markets. The fund tracks an index that measures the performance of equity securities, including common stocks and depositary receipts, of companies primarily involved in financial technology. Specifically, the index targets companies based in emerging and frontier markets that generate at least 50% of their revenue from fintech activities.
Under normal market conditions, the fund invests at least 80% of its net assets, including any borrowings for investment purposes, in the securities that are part of this index. This strategic allocation ensures that the fund maintains a focus on fintech companies operating within emerging and frontier economies, which are expected to experience significant growth due to increasing digital financial services adoption and technological innovation.
The Amplify Emerging Markets FinTech ETF's investment approach reflects a commitment to capturing the potential upside of fintech advancements in regions that are traditionally less represented in global financial markets. By concentrating on companies with substantial fintech revenue, the fund aims to benefit from the growth of digital payments, blockchain technology, and other financial innovations that are transforming financial services in these dynamic markets.
As a non-diversified fund, the Amplify Emerging Markets FinTech ETF may exhibit higher levels of risk compared to more broadly diversified funds. Its focus on fintech within emerging and frontier markets exposes investors to sector-specific and regional risks, including economic instability and regulatory changes. However, this concentrated approach also positions the fund to leverage potential high-growth opportunities within the fintech sector in these rapidly developing regions.
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