Investment Themes

Millennials

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Investment Themes

Millennials, also known as Generation Y or digital natives, are people born between the early 1980s and the late 1990s (to be more exact, Generation Y spans from 1984 to 1996 according to the Harvard Business Review). They are the successors of generation X and precede generation Z.

The expression "generation" should always be taken with a pinch of salt because it does not correspond to a homogeneous class of individuals with the same consumption patterns, the same passions and the same desires. We are trying to define general trends here. They were born during the Internet's infancy, played Tekken 3 on Playstation 1, experienced the dislocation of the USSR, the release of Michael Jackson's album History and the movie Forrest Gump in 1994. It is an ultra-connected generation, rocked by the pop-culture of the 90s. 98% of digital natives in developed countries use their mobile to go online at least once a day. Moreover, their purchases are mainly made on the web. Half of the active population in the world are from this generation. Because of their numbers and their voice on social networks, millennials are forcing brands to reinvent themselves. Knowing their mindset, their expectations and their behavior is essential for companies in order to survive over time, but also for investors who want to keep up with consumer trends. With most of their business years ahead of them, companies that cater to millennials should be better positioned to benefit from their growing purchasing power than their peers. But there's more to these new generations than just their skills in front of a screen. They have different tastes, habits and worldviews that influence their economic behavior and, in particular, the way they consume. Millennials are looking for meaning in a complex world. They want to consume better, seek pleasure, value authenticity and transparency, and attach more importance to novelty. Meaningful, committed brands with distinct personalities and positioning have the advantage. They are also more defiant of speeches and more discerning in their consumption. The companies in this thematic list span a wide range of industries and are expected to generate significant revenue in entertainment, social networking, health, fitness, fashion, food and beverage, travel, leisure, housing and household goods, and next-generation financial services. These companies were selected based on their industry, the percentage of their revenue generated by Generation Y, and the appeal of their favorite brands to digital natives.

Our selection

Technology
Other Semiconductors
4,432B +35.83%
Technology
Other Internet Services
458B +12.46%
Technology
Phones & Smart Phones
4,119B +11.32%
Consumer Cyclical
Electric (Alternative) Vehicles
12.47B +15.60%
Technology
Internet Gaming
6.24B +28.13%
Consumer Cyclical
Internet & Mail Order Department Stores
2,454B +4.62%
Technology
Search Engines
3,881B +69.71%
Technology
Financial Technology (Fintech) (NEC)
119B +254.13%
Technology
Other Software
3,591B +14.63%
Technology
Social Media & Networking
1,697B +15.01%
Technology
Other Phones & Handheld Devices
482B +103.76%
Consumer Cyclical
Quick Service Restaurants
44.88B -43.71%
Technology
Other Internet Services
18.07B -7.76%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
38.98B -10.68%
Technology
Other Internet Services
708B +46.28%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
301B +12.43%
Consumer Cyclical
Women's Apparel Retailers
3.94B +18.42%
Technology
Other Internet Services
9.17B +78.06%
Technology
Other Household Electronics
166B +28.58%
Technology
Other Internet Services
190B +51.39%
Industrials
Transaction & Payment Services
58.27B -27.03%
Consumer Cyclical
Other Broadcasting
188B -5.43%
Technology
Application Software
145B -22.13%
Industrials
Transaction & Payment Services
37.19B -28.10%
Technology
E-commerce & Auction Services
354B +86.72%
Consumer Cyclical
Sporting & Outdoor Goods
2.68B -26.21%
Consumer Cyclical
Other Home Improvement Products & Services Retailers
353B -8.84%
Consumer Cyclical
Internet & Mail Order Department Stores
42.43B -13.76%
Consumer Cyclical
Entertainment Production Equipment & Services
14.79B +34.64%
Consumer Cyclical
Other Apparel & Accessories
22.53B -50.31%
Consumer Non-Cyclical
Other Non-Alcoholic Beverages
10.84B +59.68%
Technology
Other Internet Services
75.38B -5.40%
Consumer Cyclical
Games, Toys & Children Vehicles
93.64B +34.93%
Technology
Other Software
79.32B +26.29%
Real Estate
Residential REITs
16.64B -15.11%
Consumer Non-Cyclical
Energy Drinks
72.05B +40.30%
Consumer Cyclical
Beauty Supply Shop
26.68B +38.30%
Technology
E-commerce & Auction Services
37.28B +33.12%
Consumer Cyclical
Used Car Dealers
56.54B +96.58%
Consumer Cyclical
Other Apparel & Accessories Retailers
57.85B +17.58%
Consumer Cyclical
Quick Service Restaurants
3.14B -39.88%
Consumer Cyclical
Other Home Improvement Products & Services Retailers
139B +0.68%
Technology
Social Media & Networking
8.15B +5.53%
Consumer Cyclical
Quick Service Restaurants
40.25B +8.05%
Technology
Financial Technology (Fintech) (NEC)
187B +7.18%
Consumer Cyclical
Internet & Mail Order Department Stores
12.41B +114.82%
Financials
Personal & Car Loans
6.23B +11.17%
Consumer Cyclical
Other Apparel & Accessories Retailers
23.8B +78.02%
Consumer Cyclical
Sporting Goods Stores
20.89B +1.48%
Technology
Other Internet Services
116B +26.28%
Consumer Cyclical
Travel Agents
32.28B +41.38%
Consumer Non-Cyclical
Other Food Retail & Distribution
8.33B -32.68%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
2.71B -39.69%
Financials
Other Consumer Lending
2.24B +20.01%
Real Estate
Residential REITs
25.18B -19.07%
Consumer Cyclical
Travel Agents
1.79B +3.72%
Technology
Enterprise Software
177B -19.41%
Consumer Cyclical
Gyms, Fitness and Spa Centers
9.22B +12.35%
Technology
Other Internet Services
3.42B -1.92%
Consumer Cyclical
Children & Infants Clothing Retailers
1.16B -41.19%
Consumer Cyclical
Internet & Mail Order Department Stores
1.85B -22.45%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
4.57B +69.71%
Technology
Other Internet Services
1.83B -23.31%
Consumer Cyclical
Other Apparel & Accessories
22.34B +59.50%
Technology
Other Software
1.02B -41.85%
Consumer Cyclical
Quick Service Restaurants
14.07B -0.76%
Consumer Cyclical
Sports & Outdoor Footwear
34.13B -30.74%
Technology
Enterprise Software
19.9B -45.48%
Real Estate
Other Real Estate Services
17.8B +1.47%
Consumer Cyclical
Travel Agents
168B +4.60%
Consumer Cyclical
Other Auto Vehicles, Parts & Service Retailers
7.88B +27.13%
Services académiques et éducatifs
Miscellaneous Educational Service Providers
1.86B -14.19%
Technology
Miscellaneous Fintech Infrastructure
3.16B +26.59%

News of the components

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Sector allocation

Ratings chart - Surperformance

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