An Introduction to the KraneShares E Fund China Commercial Paper ETF (NYSE:KCNY)
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Diversify your cash with KCNY
The KraneShares E Fund China Commercial Paper ETF (NYSE: KCNY) is an exchange traded fund investing in China commercial paper – a money market security. We believe China commercial paper delivers superior yield & similar stability vs. US money market funds and US bank deposit programs. See slides 4 and 7 of the pitch book for more information.
China commercial paper may be appropriate for customers who have a(n)…
- allocation to investment products that only invest in money market securities
- investment goal with a short time horizon
- low tolerance for volatility
- daily liquidity requirement
- desire to diversify their cash-equivalent holdings
