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KWEB

KraneShares CSI China Internet ETF

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Investment Strategy:

KWEB seeks to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors.

KWEB Provides:

  • Access to Chinese internet companies that provide similar services as Google, Facebook, Twitter, eBay, Amazon, etc.
  • Exposure to companies benefitting from increasing domestic consumption by China's growing middle class
  • Exposure to Chinese internet companies listed in both the United States and Hong Kong

China Internet Sector Highlights:

  • China ecommerce sales reached $590 billion in 2015 compared to $342 billion in the U.S.
  • China's internet population reached 668 million people in 2015, a penetration of only 50%. The U.S. internet population reached 280 million people in 2015, a penetration rate of 87%.
  • Total Chinese retail sales reached $4.6 trillion in 2015, an increase of 10.6%
  • Chinese retail websites sold $590 billion worth of goods in 2015, an increase of 33.3%
  • Online shopping accounts for 12.9% of retail purchases in China during the year

China internet data from China Internet Network Information Center (CNNIC) as of 12/31/2015. U.S ecommerce data from U.S Department of commerce as of 12/31/2015. World internet user data from internetlivestats.com as of 12/31/2015

Daily Performance

Data as of 08/24/2016
Premium Discount Chart
NAV
Net Asset Value$38.31 
Daily Change -1.67%
Price
Closing Price $38.32 
Daily Change-1.69%

Performance History

Data as of: 07/31/2016
Total Annual Fund Operating Expense: 0.72%
Distributions
Cumulative Annualized Annualized Calendar QTR
06/30/2016
1 Mo 3 Mo 6 Mo Since Inception
7/31/2013
1 Yr Since Inception
7/31/2013
1 Yr Since Inception
7/31/2013
Fund Nav 4.20% -3.63% 3.89% 41.85% -2.07% 12.36% -17.49% 11.16%
Closing Price 4.16% -3.44% 4.31% 42.09% -1.90% 12.42% -17.13% 11.23%
Index 4.29% -3.74% 3.74% 42.11% -1.46% 12.43% -16.41% 11.19%

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: 2016/8/24

Market Cap Breakdown

Data as of: 2016/8/24
Data provided by ETF Research Center

Valuation Metrics

Data as of 2016/8/24
 20152016
Price-to-earnings135.08 28.48
Price-to-cash flow2 10.61
Price-to-sales3 0.73 0.56
Price-to-book value4 1.22 1.18
Yield (%) 0.50% 0.70%
Data provided by ETF Research Center

Per Share Results

Data as of 2016/8/24   
Sales Per Share68.44
Earnings Per Share1.35
Dividends Per Share0.25
Book Value Per Share32.55
Sales Per Share Growth31.06%
EPS Growth523.18%
  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 08/24/2016
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
ALIBABA GROUP HOLDING-SP
11.77%BABA285,85626,836,161
2
TENCENT HOLDINGS LTD
10.96%700 HK963,90024,985,833
3
JD.COM INC-ADR
8.52%JD759,73519,418,827
4
BAIDU INC - SPON ADR
8.4%BIDU111,59019,136,569
5
NETEASE.COM INC ADR
6.7%NTES72,36315,276,553
6
SINA CORP
4.96%SINA159,45811,308,761
7
CTRIP.COM INTERNATIONAL-A
4.47%CTRP222,20610,181,479
8
VIPSHOP HOLDINGS LTD ADR
4.36%VIPS674,0799,935,924
9
TAL EDUCATION GROUP- ADR
4.24%XRS157,1249,653,699
10
58.COM INC-ADR
3.53%WUBA173,9168,040,137

Holdings are subject to change.