KraneShares, China-Focused Asset Manager, Debuts Emerging Market ETF Excluding China
NEW YORK, NY April 12, 2019 — Krane Funds Advisors, LLC, (“KraneShares”) announced the launch of the KraneShares MSCI Emerging Markets ex China Index ETF, which listed today on the New York Stock Exchange (NYSE: KEMX). KraneShares is a U.S. asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative China investment strategies.
KEMX is benchmarked to the MSCI Emerging Markets ex China Index, which tracks large cap and mid cap companies within emerging market countries, excluding China. This is KraneShares thirteenth U.S.-listed fund and third emerging market ETF. Rooted in the KraneShares thesis “China is an asset class”, investors will be able to pair KEMX with other KraneShares China-focused core and thematic funds to make a strategic investment without duplicating exposure to China.
“Within emerging markets, KraneShares believes China is in a league of its own; an asset class unto itself distinguished by its market size and unparalleled growth,” said Jonathan Krane, Chief Executive Officer of KraneShares. “We believe that incorporating a strategic China investment strategy that distinguishes China from the rest of EM may help to optimize EM performance as a whole. KEMX is a great tool to enable a completion strategy around China.”
For more information visit kraneshares.com/kemx
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Our suite of China-focused ETFs provides investors with solutions to capture China’s importance as an essential element of a well-designed investment portfolio. We strive to provide innovative, first to market strategies that have been developed based on our strong partnerships and our deep knowledge of investing. We help investors stay current on global market trends and aim to provide meaningful diversification. Krane Funds Advisors, LLC is majority owned by China International Capital Corporation (CICC).