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KEMP

KraneShares FTSE Emerging Markets Plus ETF

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Investment Strategy:

The KraneShares FTSE Emerging Markets Plus ETF (BATS:KEMP) is a gross domestic product ("GDP") weighted fund which includes China A shares and China N shares. Country allocations are based on five year purchase power parity GDP forecasts by the International Monetary Fund. China A shares are China equities listed on the Shanghai or Shenzhen stock exchanges. China N shares are China equities listed on the New York or NASDAQ stock exchanges.

Why Weight by GDP?

  • A country’s weight within a market capitalization weighted index may diverge significantly from that country’s share of global GDP.
  • Developed Markets often trade at a multiple to their respective GDPs while emerging markets often trade at a fraction.
  • Weighting by GDP, as opposed to market capitalization, increases exposure to larger economies.

China Share Classes Matter

  • Older emerging market funds historically limited their China investment universe to Hong Kong listed Chinese companies only.
  • KEMP’s China investment universe includes onshore China (A-shares), U.S.-listed Chinese companies (N-shares), and Chinese companies listed in Hong Kong (H-shares).
  • The Onshore Chinese markets consist of the Shanghai and Shenzhen stock exchanges, which are the fifth and eighth largest exchanges in the world respectively, with a combined market cap of $6.2 trillion.1
  • China N-shares include some of the largest internet and ecommerce companies in China. These companies choose to list in the United States to attract a greater international investor base.

1.) Data from the World Federation of Exchanges as of 2/29/2016.

Daily Performance

Data as of 12/02/2016
Premium Discount Chart
NAV
Net Asset Value$21.19 
Daily Change -0.25%
Price
Closing Price $21.38 
Daily Change-0.05%

Performance History

Data as of: 11/30/2016
Total Annual Fund Operating Expense (Gross): 1.11% Total Annual Fund Operating Expense (Net): 0.91%*
Distributions
Cumulative Annualized Annualized Calendar QTR
09/30/2016
1 Mo 3 Mo 6 Mo Since Inception
02/12/2015
1 Yr Since Inception
02/12/2015
1 Yr Since Inception
02/12/2015
Fund Nav -4.91% -3.22% 5.27% -9.51% 3.12% -5.40% 10.07% -3.82%
Closing Price -4.40% -2.80% 5.37% -8.72% 2.66% -4.95% 10.30% -3.14%
Index -4.30% -3.25% 6.56% -5.07% 4.58% -2.80% 13.68% -1.09%

*KraneShares has contractually agreed to reduce its management fee in an amount equal to any Acquired Fund Fees and Expenses incurred by the Fund from its investments in the KraneShares Bosera MSCI China A Share ETF. This expense limitation may be reduced at any time. In the absence of current fee waivers, performance would be reduced.

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized Return is the average return gained or lost by an investment each year over a given time period.

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.

ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead, investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price (closing price) not NAV. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined).

An active secondary market for the Fund’s shares may not exist. Although the Fund’s shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained. There is no guarantee that distributions will be paid.

Sector Breakdown

Data as of: 2016/12/1

Market Cap Breakdown

Data as of: 2016/12/1
Data provided by ETF Research Center

Top 10 Holdings

Data as of 12/02/2016
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
KRANESH BOSERA MSCI CHINA
17.22%KBA12,342364,953
2
HDFC BANK LTD-ADR
4.46%HDB1,50094,590
3
TENCENT HOLDINGS LTD
2.97%700 HK2,55862,994
4
INFOSYS TECHNOLOGIES ADR
2.73%INFY4,04557,884
5
ICICI BANK LTD-SPON ADR
2.36%IBN6,51750,051
6
CASH
2.27%48,09348,093
7
CHINA CONSTRUCTION BANK-H
2.02%939 HK57,29642,846
8
ALIBABA GROUP HOLDING-SP
1.61%BABA37834,201
9
CHINA MOBILE LTD
1.52%941 HK2,97232,303
10
LUKOIL OAO
1.38%LKOH RM56929,256

Holdings are subject to change.