Contact Us  +(1) 855 8KRANE8  info@kraneshares.com

KFYP

KraneShares Zacks New China ETF*

Download Fact Sheet

Investment Strategy:

KFYP tracks the Zacks New China Index which takes a smart-beta** approach to provide exposure to companies listed in Mainland China, Hong Kong and the United States whose primary business or businesses are important in the current Five-Year Plan of the central Chinese government. The sectors expected to benefit from the plan are evaluated and the stocks within each sector are subsequently ranked based on various investment factors, including price, cash flow, free cash flow, momentum and volatility. Based on the foregoing, the top 40 stocks are included in the fund's holdings.

KFYP provides:

  • An innovative strategy that offers an "all China" exposure to the "new China" economy.
  • Exposure to sectors highlighted in China's Five Year Plan (FYP) such as technology, consumer staples, consumer discretionary, and health care.
  • Less emphasis on manufacturing, financials, industrials and heavy materials that defined China’s past economic plans.
  • Exposure to large cap, mid cap, and small cap Chinese companies trading in Mainland China, Hong Kong and the United States.
  • Smart beta** investment strategy focused on sectors/industries highlighted in the FYP.

*Formerly the KraneShares CSI New China ETF
**Smart beta is an investment style where a manager passively follows an index designed to take advantage of perceived systematic biases or inefficiencies in the market.

Daily Performance

Data as of 07/22/2016
Premium Discount Chart
NAV
Net Asset Value$57.73 
Daily Change -0.64%
Price
Closing Price $56.86 
Daily Change-0.11%

Performance History

Data as of: 06/30/2016
Total Annual Fund Operating Expense: 0.71%
Distributions
Cumulative Annualized Annualized Calendar QTR
06/30/2016
1 Mo 3 Mo 6 Mo Since Inception
7/22/2013
1 Yr Since Inception
7/22/2013
1 Yr Since Inception
7/22/2013
Fund Nav 0.32% -0.36% -4.20% 24.31% -13.15% 7.68% -13.15% 7.68%
Closing Price -2.39% -4.09% -9.80% 14.69% -19.18% 4.77% -19.18% 4.77%
Index -1.92% -1.72% -6.23% 28.78% -13.49% 8.80% -13.49% 8.80%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The 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 their original cost and current performance may be lower or higher than the performance quoted.

ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead, investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price (closing price) not NAV. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined).

An active secondary market for the Fund’s shares may not exist. Although the Fund’s shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained. There is no guarantee that distributions will be paid.

Sector Breakdown

Data as of: 2016/7/21

Market Cap Breakdown

Data as of: 2016/7/21
Data provided by ETF Research Center

Valuation Metrics

Data as of 2016/7/21
 20152016
Price-to-earnings116.45 11.67
Price-to-cash flow2 5.16
Price-to-sales3 0.43 0.39
Price-to-book value4 0.46 0.44
Yield (%) 1.70% 2.00%
Data provided by ETF Research Center

Per Share Results

Data as of 2016/7/21   
Sales Per Share145.44
Earnings Per Share4.87
Dividends Per Share1.12
Book Value Per Share128.03
Sales Per Share Growth9.51%
EPS Growth540.94%
  1. Price-to-earnings: A valuation method used to compare a company's current share price to its per-share earnings
  2. Price-to-cash flow: The ratio of a stock’s price to its cash flow per share
  3. Price-to-sales: A valuation ratio that compares a company's stock price to its revenues.
  4. Price-to-book value: A valuation ratio that compares a company's stock price to its revenues
  5. Earnings Per Share - EPS: The portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability

Top 10 Holdings

Data as of 07/22/2016
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
NETEASE.COM INC ADR
4.33%NTES637124,865
2
AAC TECHNOLOGIES HOLDINGS
4.22%2018 HK13,500121,909
3
TENCENT HOLDINGS LTD
4.09%700 HK4,942117,987
4
INNER MONGOLIA YILI INDUS
3.81%41,800109,972
5
SINOPHARM GROUP CO-H
3.78%1099 HK22,880109,131
6
JIANGSU HENGRUI MEDICINE
3.75%17,125108,132
7
PING AN INSURANCE GROUP C
3.59%21,400103,620
8
CHINA PACIFIC INSURANCE G
3.59%25,500103,595
9
SAIC MOTOR CORP LTD-A
3.58%32,000103,186
10
WANT WANT CHINA HOLDINGS
3.32%151 HK146,45295,907

Holdings are subject to change.