Fund Objective

Seeks investment results that correspond (before fees and expenses) to the price and yield performance of the Indxx India Infrastructure Index.

Index Description

The Indxx India Infrastructure Index is a maximum 30-stock free-float adjusted market capitalization-weighted index designed to measure the market performance of companies in the infrastructure industry in India, as defined by Indxx's proprietary methodology. The index consists of ADRs, GDRs, and common stocks listed on the primary exchange of India.

Reasons To Invest

  • Fastest growing emerging and developed market country: India is forecasted to be the fastest growing emerging market over the next five years (International Monetary Fund, April 2018).
  • Investment in infrastructure growth: Significant allocation to the infrastructure sector in the 12th Five-Year Plan, and investment requirements of $1 trillion is expected to create huge demand for construction equipment in India. 1
  • Dedicated exposure to India infrastructure: This fund provides exposure to companies in the infrastructure industry, such as construction materials, machinery, mobile telecom services, and construction & engineering, which stand to benefit from increases in infrastructure.

Key Statistics

as of 6/30/2018
Bloomberg Index Ticker IINXXT
Inception Date 8/11/2010
Expense Ratio 0.76%
Holdings 30
Average Market Cap $ 9.76B
Median Market Cap $ 9.32B
Total Constituent Daily Traded Value $ 0.61B
P/E Ratio (Trailing) 16.29x
Price/Book Ratio 2.3x
Index Dividend Yield 1.45%

Industry Breakdown (GICS)

as of 6/30/2018
Industry Weights (%)
Metals & Mining 15.48
Machinery 12.04
Construction Materials 11.06
Construction & Engineering 9.07
Gas Utilities 8.26
Wireless Telecommunication Services 6.77
Electrical Equipment 6.00
Electric Utilities 5.49
Independent Power And Renewable Electricity Producers
Transportation Infrastructure 5.04
Diversified Telecommunication Services
Oil Gas & Consumable Fuels 3.61
Road & Rail 3.22
Industrial Conglomerates 1.93
Real Estate Management & Development 1.92

Sector Breakdown (GICS)

as of 6/30/2018
Sector Weights (%)
Industrials 37.31
Materials 26.54
Utilities 19.21
Telecommunication Services 11.42
Energy 3.61
Real Estate 1.92

Top Holdings (Ticker)

as of 6/30/2018
Company Weights (%)
JSW Steel 6.46
Gail India Ltd 6.21
Larsen & Toubro Ltd 5.65
Ashok Leyland Ltd 5.45
Tata Steel Ltd 5.21
Adani Ports & Special Economic Zone 5.03
NTPC Ltd 4.94
Bharti Airtel Ltd 4.92
UltraTech Cement 4.80
Eicher Motors Ltd 4.55


as of 6/30/2018
  3-Month (%) Year-to-Date (%) 1-Year (%) 3-Year (%) 5-Year (%) Since Inception (%)
Total Returns (Net Asset Value) -9.23 -19.99 -3.96 2.10 6.20 -3.35
Total Returns (Market Price) -10.88 -20.38 -4.14 2.21 6.24 -3.42
Indxx India Infrastructure Total Return Index -9.03 -19.71 -2.87 3.40 7.59 -2.26

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call 888.800.4347.

Market price returns are based on the midpoint of the bid/ask spread at 4 pm ET and do not represent the returns an investor would receive if shares were traded at other times.

Returns over one year are annualized.

Fund Literature


1 India Brand Equity Foundation, April 2018.

Emerging market investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. This Fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry. Small-cap and mid-cap companies generally will have greater volatility in price than the stocks of large companies due to limited product lines or resources or a dependency upon a particular market niche. One cannot invest directly in an Index.

"Indxx" is a service mark of Indxx Inc. and have been licensed for use for certain purposes by Columbia Management Investment Advisers, LLC (CMIA). The Fund is not sponsored, endorsed, sold or promoted by Indxx. Indxx, Inc. makes no representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly. Indxx Inc's only relationship to CMIA is the licensing of certain trademarks, trade names and service marks of Indxx and of the Underlying Indices, which are determined, composed and calculated by Indxx Inc. without regard to CMIA or the Fund. Indxx has no obligation to take the needs of CMIA or the shareholders of the Fund into consideration in determining, composing or calculating the Underlying Indices. Indxx Inc. is not responsible for and has not participated in the determination of the timing, amount or pricing of the Fund shares to be issued or in the determination or calculation of the equation by which the Fund shares are to be converted into cash. Indxx Inc. has no obligation or liability in connection with the administration, marketing or trading of the Fund. One cannot invest directly in an index

Indxx Inc. does not guarantee the accuracy and/or the completeness of the Underlying Indices or any data included therein and Indxx Inc. shall have no liability for any errors, omissions, or interruptions therein. Indxx Inc. makes no warranty, express or implied, as to results to be obtained by CMIA, shareholders of the Fund, or any other person or entity from the use of the Underlying Indices or any data included therein. Indxx Inc. makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Underlying Indices or any data included therein. Without limiting any of the foregoing, in no event shall Indxx Inc. have any liability for any lost profits or indirect, punitive, special or consequential damages or losses, even if notified of the possibility thereof. There are no third party beneficiaries of any agreements or arrangements between Indxx Inc. and CMIA. Shares of the Fund are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. One cannot directly invest in an index.