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 04/13/2021
TickerKBUY
Primary ExchangeNYSE
CUSIP500767595
ISINUS5007675953
Net Assets$54,024,865
Total Annual Fund Operating Expense0.69%
Inception Date12/9/2020
Distribution FrequencyAnnual

Daily Performance

Data as of 04/13/2021
Premium Discount Chart
NAV
Net Asset Value$25.73 
Daily Change0.03%
Price
Market Price$25.77 
Daily Change0.00%
30 Day Median Bid/Ask Spread
Value0.5%

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: 03/31/2021
Fund NAVClosing PriceIndex
1 Month-4.83%-4.25%-4.33%
3 Month-4.30%-3.22%-3.16%
6 Month
Since Inception3.28%4.44%4.12%
Cumulative %
Data as of quarter end: 03/31/2021
Fund NAVClosing PriceIndex
Since Inception3.28% 4.44%4.12%
Growth of $10,000
Data as of 04/13/2021

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 04/13/2021
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerIdentifierShares HeldMarket Value($)
1KWEICHOW MOUTAI CO LTD-A12.06%600519CNE0000018R821,1006,515,022
2WULIANGYE YIBIN CO LTD-A7.69%000858CNE000000VQ8103,4004,153,156
3MIDEA GROUP CO LTD-A6.00%000333CNE100001QQ5269,7653,243,189
4FOSHAN HAITIAN-A5.97%603288CNE100001SL2123,7003,224,155
5LUZHOU LAOJIAO CO LTD-A5.34%000568CNE000000GF280,8002,887,412
6GREE ELECTRIC-A5.14%000651CNE0000001D4307,2002,777,090
7YUM CHINA HOLDINGS INC4.66%YUMCUS98850P109341,8312,519,481
8MUYUAN FOODSTUFF CO LTD-A4.58%002714CNE100001RQ3157,8522,475,093
9INNER MONG YIL-A4.58%600887CNE000000JP5407,0002,474,826
10ANTA SPORTS PRODUCTS LTD4.37%2020KYG040111059135,0002,359,997

Holdings are subject to change.