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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.

Fund Details

Data as of 09/24/2018
TickerKFYP
Primary ExchangeNYSE
CUSIP500767207
ISINUS5007672075
Net Assets$3,104,734
Total Annual Fund Operating Expense 0.73%
Inception Date7/22/2013
Distribution FrequencySemiannually

Daily Performance

Data as of 09/24/2018
Premium Discount Chart
NAV
Net Asset Value$31.05 
Daily Change -0.84%
Price
Closing Price $30.40 
Daily Change-1.68%

Performance History

Distributions
Cumulative %
Data as of: 08/31/2018
Fund NAVClosing PriceIndex
1 Month-6.76%-6.23%-6.88%
3 Month-14.73%-12.28%-14.61%
6 Month-10.16%-8.39%-11.01%
Since Inception71.44%69.78%65.58%
Avg Annualized %
Data as of month end: 08/31/2018
Fund NAVClosing PriceIndex
1 Year-3.79% -5.52%-3.47%
3 Year14.53%12.59%13.13%
5 Year9.62%9.45%8.82%
Since Inception11.13% 10.92%10.37%
Avg Annualized %
Data as of quarter end: 06/30/2018
Fund NAVClosing PriceIndex
1 Year9.78%9.08%10.20%
3 Year9.57%10.06%8.30%
Since Inception13.67% 13.78%12.88%

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: 2018/9/21

Market Cap Breakdown

Data as of: 2018/9/21
Data provided by ETF Research Center

Top 10 Holdings

Data as of 09/24/2018
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
CHINA INTERNATIONAL TRAVE
4.87%601888 CH15,300151,031
2
FOSHAN HAITIAN FLAVOURING
4.72%603288 C113,120146,375
3
BROADCOM INC
4.5%AVGO560139,692
4
BAIDU INC - SPON ADR
4.42%BIDU605137,111
5
58.COM INC-ADR
3.91%WUBA1,650121,259
6
CHINA YANGTZE POWER CO LT
3.73%600900 C148,787115,779
7
HUAYU AUTOMOTIVE SYSTEMS
3.62%600741 C135,300112,471
8
PEOPLE'S INSURANCE CO GRO
3.6%1339 HK256,000111,743
9
TENCENT HOLDINGS LTD
3.44%700 HK2,542106,662
10
CHINA RESOURCES PHARMACEU
3.29%3320 HK65,500102,121

Holdings are subject to change.