NEW YORK (ETF Expert) -- You may have heard some of the statistics before. Less than 10% of Brazil's roads are paved. More than 1/3 of India's population lives without electricity in the home. And roughly 50% of Indonesians in the city of Jakarta (50%) do not have running water.In essence, if emerging markets are going to genuinely emerge, they'll need to modernize. What's more, the changes will need to be epic, not cosmetic. We're talking bridges, airports, power plants, 21st century plumbing, Internet connectivity and a whole host of things that developed world denizens may take for granted. In truth, infrastructure investing is not a new concept to exchange-traded fund enthusiasts. There are 7 ETFs with "infrastructure" in the title, and at least a half-dozen more that should. Perhaps surprisingly, none have performed particularly well over the last few years. The underwhelming achievement has occurred in spite of the well-documented need.
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