KBUY

KraneShares CICC China Consumer Leaders Index ETF

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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 12/03/2021
TickerKBUY
Primary ExchangeNYSE
CUSIP500767595
ISINUS5007675953
Net Assets$55,180,810
Total Annual Fund Operating Expense 0.68%
Inception Date12/9/2020
Distribution FrequencyAnnual

Daily Performance

Data as of 12/03/2021
Premium Discount Chart
NAV
Net Asset Value$23.99 
Daily Change 1.23%
Price
Market Price $0.00 
Daily Change0.00%
30 Day Median Bid/Ask Spread
Value0%

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: 11/30/2021
Fund NAV Closing Price Index
1 Month-2.65% -2.33% -2.43%
3 Month5.05% 5.43% 5.64%
6 Month-18.17% -18.42% -16.98%
Since Inception-5.96% -5.96% -3.78%
Cumulative %
Data as of quarter end: 09/30/2021
Fund NAV Closing Price Index
Since Inception-5.04% -5.32% -3.24%
Growth of $10,000
Data as of 12/03/2021

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 12/03/2021
Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 KWEICHOW MOUTAI CO LTD-A 16.03% 600519 CNE0000018R8 28,600 8,842,927
2 WULIANGYE YIBIN CO LTD-A 8.72% 000858 CNE000000VQ8 133,700 4,810,265
3 MIDEA GROUP CO LTD-A 6.72% 000333 CNE100001QQ5 352,065 3,707,516
4 LI NING CO LTD 5.40% 2331 KYG5496K1242 265,500 2,979,414
5 LUZHOU LAOJIAO CO LTD-A 5.26% 000568 CNE000000GF2 73,400 2,903,774
6 JIANGSU YANGHE BREWERY -A 5.19% 002304 CNE100000HB8 103,217 2,863,210
7 INNER MONG YIL-A 4.88% 600887 CNE000000JP5 430,200 2,691,490
8 CHINA TOURISM-A 4.19% 601888 CNE100000G29 72,300 2,313,373
9 GREE ELECTRIC-A 4.19% 000651 CNE0000001D4 421,500 2,311,889
10 ANTA SPORTS PRODUCTS LTD 4.11% 2020 KYG040111059 139,000 2,268,864

Holdings are subject to change.