Menu
中文

KBUY

KraneShares CICC China Consumer Leaders Index ETF

Download KBUY Presentation

Download Fact Sheet

Investment Strategy:

KBUY seeks to measure the performance of the CICC China Consumer Leaders Index. The index consists of the investable universe of publicly traded China-based companies whose primary business or businesses are in the consumption-related industries such as home appliance, food & beverage, apparel & clothing, hotels, restaurants, and duty-free goods.

China Consumer Sector Highlights:

  • Total retail sales in China reached $5.8 trillion in 20191, surpassing the US total of $5.5 trillion2.
  • Rising incomes in China are driving a consumption upgrade, consisting of a stronger preference for higher quality products, brand loyalty, and increased discretionary spending
  • Some of China’s top brands have established a wide moat in China, where advantages such as built-in efficiencies, brand recognition, and unique patents help them maintain a competitive edge within their respective industries.

KBUY Features:

  • Access to some of China’s leading consumer facing brands that may benefit from new domestic spending patterns.
  • Strong growth potential from increased consumption among China’s expanding urban middle class.
  • Exposure to Chinese companies listed in Mainland China, Hong Kong, and the United States.
  • Tracks an index developed by China International Capital Corporation (CICC) Research. CICC is a leading, publicly traded, Chinese financial services company with expertise in research, asset management, investment banking, private equity and wealth management. In 2019, the CICC Research Team ranked #1 in Institutional Investor’s All-China Research Category (Analyst Leaders) for the eighth year in a row3. Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Krane Funds Advisors, LLC is majority owned by CICC.

1. National Bureau of Statistics in China, “Total Retail Sales of Consumer Goods Went up by 8.0 percent in 2019” 1/19/2020. Note: Figures converted from Chinese Renminbi to USD as of 4/14/2020.
2. U.S. Department of Commerce, “Quarterly Retail E-commerce Sales 4th Quarter 2019” 2/19/2020.
3. Institutional Investor, “The All-China Research Team”, 2019.

Fund Details

Data as of 10/03/2022
Ticker KBUY
Primary Exchange NYSE
CUSIP 500767595
ISIN US5007675953
Net Assets $7,370,925
Total Annual Fund Operating Expense 0.68%
Inception Date 12/9/2020
Distribution Frequency Annual

Fund Documents

Daily Performance

Data as of 10/03/2022
Premium Discount Chart
NAV
Net Asset Value$18.43 
Daily Change 0.31%
Price
Market Price $18.36 
Daily Change 0.79%
30 Day Median Bid/Ask Spread
  		0.53%

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.

Performance History

Distributions
Cumulative %
Data as of: 09/30/2022 		Fund NAV Closing Price Index
1 Month -7.87% -7.79% -7.36%
3 Month -16.58% -17.93% -16.13%
6 Month -7.18% -6.76% -5.43%
Since Inception -26.16% -26.77% -22.72%
Avg Annualized %
Data as of quarter end: 09/30/2022 		Fund NAV Closing Price Index
1 Year -22.24% -22.65% -20.13%
Since Inception -15.40% -15.78% -13.24%
Growth of $10,000
Data as of 10/03/2022

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.

Top 10 Holdings

Data as of 10/04/2022
Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 KWEICHOW MOUTAI CO LTD-A 10.40% 600519 CNE0000018R8 2,900 770,418
2 WULIANGYE YIBIN CO LTD-A 9.17% 000858 CNE000000VQ8 28,300 679,470
3 MIDEA GROUP CO LTD-A 7.87% 000333 CNE100001QQ5 83,365 583,210
4 INNER MONG YIL-A 7.09% 600887 CNE000000JP5 112,200 524,989
5 LUZHOU LAOJIAO CO LTD-A 6.09% 000568 CNE000000GF2 13,800 451,604
6 YUM CHINA HOLDINGS INC 4.57% 9987 US98850P1093 7,050 338,582
7 FOSHAN HAITIAN-A 4.54% 603288 CNE100001SL2 28,656 336,711
8 SHANXI XINGHUA-A 4.52% 600809 CNE000000DH5 7,800 335,186
9 GREE ELECTRIC-A 4.51% 000651 CNE0000001D4 72,700 334,494
10 HAIER SMART HOME CO LTD-A 4.50% 600690 CNE000000CG9 94,800 333,151

Holdings are subject to change.

Related Content:

Topics

©2022 Krane Funds Advisors, LLC
280 Park Avenue, 32nd Floor, New York, NY 10017

Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds’ full and summary prospectus, which may be obtained by visiting: KWEB, KBA, KURE, KFYP, KRBN, KEUA, KCCA, KGRN, KALL, KBND, KHYB, OBOR, KARS, KEMQ, KMED, KEMX, KESG, KSTR, KFVG, KBUY, KTEC, KGRO, KGHG, KSET, KDIV, IVOL, KMLM, KLCD, KSCD, BNDD, KVLE. Read the prospectus carefully before investing. Please note these links also contain the Funds' top ten holdings, performance, and other important information.

Risk Disclosures:

Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. Certain content represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results; material is as of the dates noted and is subject to change without notice.

The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. A derivative (i.e., futures/forward contracts, swaps, and options) is a contract that derives its value from the performance of an underlying asset. The primary risk of derivatives is that changes in the asset’s market value and the derivative may not be proportionate, and some derivatives can have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Fund is subject to liquidity risk, meaning that certain investments may become difficult to purchase or sell at a reasonable time and price. If a transaction for these securities is large, it may not be possible to initiate, which may cause the Fund to suffer losses. Counterparty risk is the risk of loss in the event that the counterparty to an agreement fails to make required payments or otherwise comply with the terms of the derivative.

The ability of the Fund to achieve its respective investment objectives is dependent, in part, on the continuous availability of A Shares and the ability to obtain, if necessary, additional A Shares quota. If the Fund is unable to obtain sufficient exposure to limited availability of A Share quota, the Fund could seek exposure to the component securities of the Underlying Index by investment in other types of securities. The Fund is subject to political, social or economic instability within China which may cause decline in value. Emerging markets involve heightened risk related to the same factors as well as increase volatility and lower trading volume. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values. Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market, or group of concentrations to the extent that the Underlying Index has such concentrations. The securities or futures in that concentration could react similarly to market developments. Thus, the Fund is subject to loss due to adverse occurrences that affect that concentration.

In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. KBUY is non-diversified.

ETF shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed from the Fund. However, shares may be redeemed at NAV directly by certain authorized broker-dealers (Authorized Participants) in very large creation/redemption units. The returns shown do not represent the returns you would receive if you traded shares at other times. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. Beginning 12/23/2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer ("NBBO") as of the time the ETF calculates the current NAV per share. Prior to that date, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time.

The KraneShares ETFs, KFA Funds ETFs, and KraneShares Mutual Funds are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Funds, or any sub-advisers for the Funds.

Privacy Policy

Whistleblower Policy

You are now leaving KraneShares.com

Hyperlinks on this website are provided as a convenience and we disclaim any responsibility for information, services or products found on the websites linked hereto.

Click here to continue

Invest in KBUY Through Your Broker

You are now leaving KraneShares.com. Hyperlinks on these websites are provided as a convenience and we disclaim any responsibility for information, services or products found on the websites linked hereto.