Columbia India Consumer ETF·Financial Services

Columbia India Consumer ETF is rated 'Hold' due to its narrow sector focus and limited near-term benefit from the EU-India trade deal. INCO's heavy concentration in consumer discretionary, especially autos (~33%), exposes it to sector-specific risks and recent underperformance versus broader India ETFs. Valuation is stretched with high P/E (35.92) and P/B (6.85), while the fund offers no dividend and a middling expense ratio (0.75%).

FLIN: Trade Deal Provides Potential Catalyst
The fund will invest at least 80% of its net assets in Indian consumer companies included in the index and the advisor generally expects to be substantially invested at such times, with at least 95% of its net assets invested in these securities. The index is a maximum 30-stock free-float adjusted market capitalization-weighted index designed to measure the market performance of companies in the consumer industry in India, as defined by Indxx's proprietary methodology. It is non-diversified.
Financial Services
Asset Management
2011-08-10
0.65
Market Peers





