Trade Conflict Winners

The trade dispute between the two major powers, the USA and China, has the potential to change the global market economy and the existing balance of power on a longterm basis. Should the trade conflict intensify, there are companies from the emerging markets in particular that could benefit from it.

To enable investors to participate in these shifts, Vontobel has developed a tracker certificate that focuses on countries and sectors that could be among the winners. The Vontobel Trade Conflict Winners Emerging Markets Index comprises equities from emerging market countries, with Mexico and Indonesia having the largest initial weightings in the index. Other potential beneficiaries include Thailand, Taiwan, Brazil and Malaysia.