Fund Documents


Investment Strategy:

The KraneShares Rockefeller℠ Ocean Engagement ETF (KSEA) provides exposure to the rise of the "blue economy" by allocating to public companies whose business activities materially impact oceans and ocean resources. The blue economy is defined as economic activities that are based in and actively beneficial for the ocean. KSEA’s subadvisor Rockefeller Asset Management will proactively engage with companies held within KSEA on ocean related matters in pursuit of healthier oceans and outperformance versus its benchmark the MSCI All Country World Index. Holdings include companies from diverse sectors such as aquaculture, commercial fishing, waste management, renewable energy, and logistics, among others.

KSEA Features:

  • Sub-advised by Rockefeller Asset Management, a division of Rockefeller Capital Management, which brings capabilities in engagement, sustainability, and thematic investing to institutions, high net-worth individuals, and families.
  • Rockefeller Asset Management has 30 years of experience investing in global markets and long-standing partnerships with leading non-profit organizations for ocean conservation, including the Ocean Foundation and World Resources Institute.
  • Direct exposure to companies and industries exposed to the blue economy, with a focus on "ocean improvers" that may offer the biggest potential engagement opportunities.
  • Holdings are grouped into three categories critical to ocean health and the blue economy: Ocean Leaders, Ocean Solutions, and Ocean Improvers.

Global Ocean and Blue Economy Features:

  • Economic value derived from the ocean’s goods and services is estimated to be $282 billion in the U.S. alone, with 3 million people working in ocean sectors including tourism and recreation, shipping and transport and related goods and services.1
  • If the ocean were a country, it would represent the world's seventh largest economy. The expansion of the "blue economy" is expected to continue at twice the rate of the mainstream economy by 2030.2
  • The ocean’s deep seas have already absorbed 90% of the excess heat from global warming and is the sink for 25% of human-caused CO2 emissions.3 As the ocean absorbs the heat and ocean temperatures rise, the water expands. This contributes to rising sea levels already threatening coastal communities.4

1. National Oceanic and Atmospheric Administration (NOAA), "Why should we care about the ocean?" Retrieved 8/31/2023.
2. OECD, “Why should investors care about ocean health?,” 1/27/2020.
3. Ocean Panel Secretariat, "Why is the Ocean Important?" Retrieved 8/31/2023.
4. NASA Sea Level Change Portal, "Understanding Sea Level" Retrieved 8/31/2023.

Premium Discount Chart

Daily Performance

Data as of 09/29/2023
Daily Net Asset Value (NAV) and Market Price
NAV $24.29
NAV Daily Change 0.37%
Market Price $24.30
Market Price Daily Change 0.04%
30 Day Median Bid/Ask Spread

Performance History

Cumulative %
Data as of: 08/31/2023
Fund NAV Closing Price Index
1 Month
3 Month
6 Month
Since Inception
Cumulative %
Data as of quarter end: 06/30/2023
Fund NAV Closing Price Index
Since Inception

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.

Ex-Date Record Date Payable Date Amount

Top 10 Holdings

Data as of 09/29/2023 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 Cash 5.50% 133,694 133,694
2 WASTE MANAGEMENT INC 5.05% WM US94106L1098 804 122,562
3 BERRY GLOBAL GROUP INC 4.63% BERY US08579W1036 1,816 112,429
4 ALBERTSONS COS-A 3.42% ACI US0130911037 3,652 83,083
5 ADVANCED DRAINAG 3.40% WMS US00790R1041 726 82,641
6 LOBLAW COMPANIES LTD 3.30% L CA5394811015 938 80,063
7 SUBSEA 7 SA 3.12% SUBC LU0075646355 5,478 75,883
8 YUM CHINA HOLDINGS INC 3.05% YUMC US98850P1093 1,328 73,996
9 TRIMBLE INC 2.98% TRMB US8962391004 1,346 72,496
10 CROWN HOLDINGS INC 2.98% CCK US2283681060 818 72,377

Holdings are subject to change.