 The
WisdomTree India Earnings Fund (EPI) is an exchange-traded fund that
tracks the performance of Indian companies that are profitable and
publicly traded. EPI seeks to track the price and yield performance,
before fees and expenses, of the WisdomTree India Earnings Index. The
index is weighted by earnings, with the largest companies by earnings
listed first.
Launched in 2008, EPI provides investors with
access to a diversified basket of Indian companies across various
sectors including financials, energy, and information technology. As
of March 23, 2023, the top three sectors of EPI are financials
(31.9%), energy (16.1%), and information technology (14.8%). The fund
holds a total of 191 stocks with the top holdings being Reliance
Industries Ltd., Housing Development Finance Corporation Ltd., and
Infosys Ltd.
One important factor to consider when investing in
EPI is the unique risks associated with investing in emerging markets.
India has its own set of risks such as political instability, economic
instability, and corruption. Additionally, EPI has relatively high
expense ratio compared to other ETFs in the emerging markets space.
Overall, EPI can be a good option for investors looking for
exposure to the Indian market, but it's important to do thorough
research and understand the risks associated with investing in
emerging markets.
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