Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Our suite of China-focused ETFs provides investors with solutions to capture China’s importance as an essential element of a well-designed investment portfolio. We strive to deliver innovative first-to-market strategies developed based on our strong partnerships and deep investing knowledge. We help investors stay current on global market trends and aim to provide meaningful diversification. Krane Funds Advisors, LLC, is a signatory of the United Nations-supported Principles for Responsible Investing (UN PRI). The firm is majority-owned by China International Capital Corporation (CICC).
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Information about KraneShares ETFs, China's markets and culture, and general investing resources.
Our market update is a collaboration between the KraneShares internal research department, our local Chinese partners, and select China thought leaders from around the world. Our goal is to deliver a differentiated perspective on Chinese capital markets, business, government, and culture.
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The KraneShares MSCI One Belt One Road ETF (ticker: OBOR) seeks to provide investment results that track the price and yield performance of the MSCI Global China Infrastructure Exposure Index. The Index aims to identify potential beneficiaries of the One Belt One Road initiative based on how their geography, revenue, and sector attributes align with the broad theme. OBOR seeks to capture the economic growth and monetize the potential upside for the companies involved in China’s One Belt One Road initiative.
1.) “The Belt and Road Initiative: Country Profiles”, HKTDC.com as of 9/30/2020.
2.) Data from the World Bank as of 12/31/2019, retrieved 9/30/2020.
3.) “One Belt, One Road”: China's New Global Strategy, Journal of Contemporary East Asia Studies, 3/28/2017, retrieved 9/30/2020.
Ticker | OBOR |
Primary Exchange | NYSE |
CUSIP | 500767868 |
ISIN | US5007678684 |
Net Assets | $6,423,561 |
Total Annual Fund Operating Expense | 0.78% |
Inception Date | 9/07/2017 |
Distribution Frequency | Annual |
NAV | |
Net Asset Value | $25.69 |
Daily Change | 1.05% |
Price | |
Market Price | $25.53 |
Daily Change | 0.37% |
30 Day Median Bid/Ask Spread |
0.16% |
The ETF’s 30 Day Median Bid-Ask Spread is calculated by identifying the ETF’s national best bid and national best offer ("NBBO") as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
NAV | Market Price | Premium/Discount |
$25.69 | $25.53 | $-0.16 |
2021 Full Year | Q1 2022 | Q2 2022 | Q3 2022 | |
Days traded at premium | 182 | 52 | 30 | 5 |
Days traded at NAV | 0 | 0 | 0 | 0 |
Days traded at discount | 70 | 70 | 32 | 24 |
The Premium/Discount History chart demonstrates the difference between the daily market price of shares of the Fund and the Fund’s net asset value (NAV). The vertical axis of the chart shows the premium or discount of the daily market price as a percentage of the NAV. The horizontal axis shows each trading day in the time period, and each data point in the chart represents the Premium/Discount on that day. The data presented in the chart and table above represent past performance and cannot be used to predict future results.
Cumulative %Data as of: 07/31/2022 |
Fund NAV | Closing Price | Index |
1 Month | -0.83% | -0.71% | -1.05% |
3 Month | -2.93% | -2.45% | -2.85% |
6 Month | -16.42% | -16.93% | -16.04% |
Since Inception | 13.91% | 13.85% | 20.73% |
Avg Annualized %Data as of month end: 07/31/2022 |
Fund NAV | Closing Price | Index |
1 Year | -14.63% | -15.30% | -14.03% |
3 Year | 5.32% | 5.83% | 6.69% |
Since Inception | 2.69% | 2.68% | 3.92% |
Avg Annualized %
Data as of quarter end: 06/30/2022
|
Fund NAV | Closing Price | Index |
1 Year | -13.41% | -13.70% | -12.42% |
3 Year | 5.39% | 5.51% | 6.86% |
Since Inception | 2.92% | 2.88% | 4.22% |
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.
The Growth of $10,000 chart reflects an initial investment of $10,000 on the day prior to the selected time period and assumes reinvestment of dividends and capital gains. For the growth of $10,000 chart since inception, the initial investment of $10,000 is instead made on the inception date of the Fund. Fund expenses, including management fees and other expenses were deducted. The growth of a $10,000 investment in the fund is hypothetical and for illustration purposes only.
2021 Distributions | |||
Ex-Date | Record Date | Payable Date | Amount |
12/29/2021 | 12/30/2021 | 12/31/2021 | 0.992834 |
2020 Distributions | |||
Ex-Date | Record Date | Payable Date | Amount |
12/29/2020 | 12/30/2020 | 12/31/2020 | 0.549324 |
2019 Distributions | |||
Ex-Date | Record Date | Payable Date | Amount |
12/27/2019 | 12/30/2019 | 12/31/2019 | 1.047253 |
2018 Distributions | |||
Ex-Date | Record Date | Payable Date | Amount |
12/26/2018 | 12/27/2018 | 12/28/2018 | 0.611491 |
12/24/2018 | 12/24/2018 | 12/28/2018 | 0.003421 |
2017 Distributions | |||
Ex-Date | Record Date | Payable Date | Amount |
12/20/17 | 12/19/17 | 12/22/17 | 0.026748 |
Rank | Name | % of Net Assets | Ticker | Identifier | Shares Held | Market Value($) |
1 | Cash | 10.22% | – | – | 654,859 | 654,859 |
2 | OCBC BANK | 6.18% | OCBC | SG1S04926220 | 44,612 | 395,619 |
3 | CONTEMPORARY A-A | 5.58% | 300750 | CNE100003662 | 4,800 | 357,502 |
4 | KUWAIT FINANCE HOUSE | 4.68% | KFH | KW0EQ0100085 | 106,882 | 299,750 |
5 | PTT PCL/FOREIGN | 4.25% | PTT/F | TH0646010Z18 | 259,100 | 272,446 |
6 | IMPALA PLATINUM | 4.19% | IMP | ZAE000083648 | 22,472 | 268,439 |
7 | ICL GROUP LTD | 2.98% | ICL | IL0002810146 | 18,863 | 191,187 |
8 | ELBIT SYSTEMS LTD | 2.68% | ESLT | IL0010811243 | 709 | 171,608 |
9 | CHINA YANGTZE-A | 2.67% | 600900 | CNE000001G87 | 47,500 | 170,758 |
10 | ZIM INTEGRATED S | 1.82% | ZIM | IL0065100930 | 2,248 | 116,581 |
Holdings are subject to change.
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