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KFYP

KraneShares Zacks New China ETF*

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Investment Strategy:

KFYP tracks the Zacks New China Index which takes a smart-beta** approach to provide exposure to companies listed in Mainland China, Hong Kong and the United States whose primary business or businesses are important in the current Five-Year Plan of the central Chinese government. The sectors expected to benefit from the plan are evaluated and the stocks within each sector are subsequently ranked based on various investment factors, including price, cash flow, free cash flow, momentum and volatility. Based on the foregoing, the top 40 stocks are included in the fund's holdings.

KFYP provides:

  • An innovative strategy that offers an "all China" exposure to the "new China" economy.
  • Exposure to sectors highlighted in China's Five Year Plan (FYP) such as technology, consumer staples, consumer discretionary, and health care.
  • Less emphasis on manufacturing, financials, industrials and heavy materials that defined China’s past economic plans.
  • Exposure to large cap, mid cap, and small cap Chinese companies trading in Mainland China, Hong Kong and the United States.
  • Smart beta** investment strategy focused on sectors/industries highlighted in the FYP.

*Formerly the KraneShares CSI New China ETF
**Smart beta is an investment style where a manager passively follows an index designed to take advantage of perceived systematic biases or inefficiencies in the market.

Daily Performance

Data as of 09/22/2017
Premium Discount Chart
NAV
Net Asset Value$40.31 
Daily Change -0.43%
Price
Closing Price $40.58 
Daily Change-0.44%

Performance History

Distributions
Cumulative %
Data as of: 08/31/2017
Fund NAVClosing PriceIndex
1 Month0.51%-0.43%0.50%
3 Month10.50%12.02%5.32%
6 Month21.23%22.12%12.79%
Since Inception78.19%79.71%78.17%
Avg Annualized %
Data as of month end: 08/31/2017
Fund NAVClosing PriceIndex
1 Year29.48% 32.16%21.58%
3 Year8.76%9.15%7.43%
Since Inception15.10% 15.34%14.87%
Avg Annualized %
Data as of quarter end: 06/30/2017
Fund NAVClosing PriceIndex
1 Year38.13%51.25%30.05%
3 Year9.22%9.74%7.86%
Since Inception14.67% 15.00%14.45%

The Hybrid KFYP Index (noted as "Index" above in the chart) consists of the CSI China Overseas Five Year Plan Index from the inception of the Fund through June 1, 2016, and the Zacks New China Index after June 1, 2016.

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.

Sector Breakdown

Data as of: 2017/9/21

Market Cap Breakdown

Data as of: 2017/9/21
Data provided by ETF Research Center

Top 10 Holdings

Data as of 09/22/2017
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
SINOTRUK HONG KONG LTD
4.34%3808 HK188,000262,413
2
HAITIAN INTERNATIONAL HLD
4.11%1882 HK86,000248,340
3
TIANNENG POWER INTL LTD
3.87%819 HK230,000234,151
4
GUANGZHOU BAIYUNSHAN PHAR
3.78%874 HK88,000228,760
5
SHANGHAI ELECTRIC POWER C
3.57%124,000215,703
6
FLEXTRONICS INTL LTD
3.48%FLEX12,629210,399
7
FUJIAN LONGKING CO LTD-A
3.38%82,000204,325
8
HUANENG POWER INTL INC-H
3.32%902 HK316,000200,711
9
HUANENG POWER INTL-SPONS
3.31%HNP7,946200,160
10
ASM PACIFIC TECHNOLOGY
3.3%522 HK13,800199,338

Holdings are subject to change.