Fund Objective >>>
The EGShares India Infrastructure ETF seeks investment results that generally correspond to the performance of the Indxx India Infrastructure Index. The Indxx India Infrastructure Index is a free-float market capitalization-weighted stock market index comprised of leading companies that Indxx, LLC determines to be representative of India’s infrastructure industries.
Background
INXX is designed to provide exposure to the growing infrastructure needs in India. Because India is expected to spend more than $1 trillion on infrastructure in the next five years, the companies selected for the underlying may be positioned to benefit since they include, among other industries, metal miners, energy and power producers, transportation, utility, and water companies. >>>
http://emergingglobaladvisors.com/inxx.cfm