Overview

Performance

Distributions

Holdings

Fund Documents

Overview

Investment Strategy:

The KraneShares Man Buyout Beta Index ETF (Ticker: BUYO) seeks to track the performance of the Man Buyout Beta Index, which is designed to provide exposure to a subset of public equities that feature the key characteristics of companies held in PE/buyout funds. The Index employs a systematic approach to select a portfolio of small to mid-cap stocks from the Russell 2500 Index, targeting industries favored by PE firms as well as companies that are similar in size and display similar company-specific characteristics as those in traditional PE funds.

KraneShares Man Buyout Beta Index ETF Features:

  • Seeks to identify methodologies that buyout funds use to target takeover candidates and systematically apply them to public equities to achieve similar results, such as delivering potentially higher long-term returns and diversification1.
  • Targets small to mid-cap public companies included in the Russell 2500 Index that exhibit the following characteristics:
    • Belong to sectors favored by PE buyout funds, including Information Technology, Consumer Discretionary, Industrials, and Health Care.
    • Match the profile of the types of companies in which PE buyout funds tend to invest by screening for fundamental metrics, including: valuation, growth, profitability, cash management, debt capacity, business uncertainty and risk, industry dynamics and informed investor views.
  • Utilizes Man Group’s data-driven, liquid PE investment approach, which has been used since 2018, to construct a portfolio that is designed to be highly correlated and have a return profile similar to that of traditional buyout funds longer term.
  • Intraday liquidity, lower management fee relative to traditional PE funds, and full daily holdings transparency.

About Man Group:

  • Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via Systematic, Discretionary, and Solutions offerings.
  • Man Group’s investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives.
  • Man Group has a large institutional client base, including sovereign wealth funds, endowments, and pension funds, managing around USD 178.2 billion2.
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Daily Performance

Data as of 11/07/2024
Daily Net Asset Value (NAV) and Market Price
NAV $26.62
NAV Daily Change 0.08%
Market Price $26.62
Market Price Daily Change 0.04%
30 Day Median Bid/Ask Spread
0.23%

Performance History

Cumulative %
Data as of: 10/31/2024
Fund NAV Closing Price Underlying Index
1 Month
3 Month
6 Month
YTD
Since Inception 0.08% 0.28% 0.15%
Cumulative %
Data as of quarter end: 09/30/2024
Fund NAV Closing Price Underlying Index
Since Inception

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.

Ex-Date Record Date Payable Date Amount

Future calendar dates are subject to change. There is no guarantee that dividends will be paid. Past distributions are not indicative of future trends. This material is provided for educational purposes only and does not constitute investment advice.

Distributions are issued to brokers on the payable date, and are subject to broker payment schedules.

Top 10 Holdings

Data as of 11/08/2024 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 Q2 HOLDINGS INC 1.40% QTWO US74736L1098 1,632 167,672
2 NUTANIX INC - A 1.36% NTNX US67059N1081 2,315 162,745
3 ELASTIC NV 1.36% ESTC NL0013056914 1,869 162,510
4 NEWS CORP - CLASS A 1.34% NWSA US65249B1098 5,451 160,914
5 ENCOMPASS HEALTH CORP 1.26% EHC US29261A1007 1,460 150,672
6 TELADOC HEALTH INC 1.15% TDOC US87918A1051 14,945 137,942
7 QIAGEN N.V. 1.11% QGEN NL0015001WM6 3,031 132,637
8 PEGASYSTEMS INC 1.10% PEGA US7055731035 1,513 131,147
9 PACKAGING CORP OF AMERICA 1.09% PKG US6951561090 540 129,919
10 LIGHT & WONDER INC 1.07% LNW US80874P1093 1,240 127,584

Holdings are subject to change.