OBOR

KraneShares MSCI One Belt One Road ETF

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Investment Strategy:

The KraneShares MSCI One Belt One Road ETF (ticker: OBOR) seeks to provide investment results that track the price and yield performance of the MSCI Global China Infrastructure Exposure Index. The Index aims to identify potential beneficiaries of the One Belt One Road initiative based on how their geography, revenue, and sector attributes align with the broad theme. OBOR seeks to capture the economic growth and monetize the potential upside for the companies involved in China’s One Belt One Road initiative.

OBOR Initiative Facts:

  • The One Belt One Road (OBOR) initiative, established by President Xi Jinping of China, is an extensive long-term infrastructure initiative modernizing the original Silk Road trading routes by land and by sea.
  • China has signed cooperation agreements with over 140 countries and international organizations1, which, including China, represent roughly 80% of the global population and 40% of global GDP2.
  • The OBOR initiative could see upwards of $6 trillion in investment in the coming years and is poised to reshape global trade3.

OBOR ETF Highlights:

  • Includes countries who may benefit from the OBOR initiative, such as China, Russia, Singapore , Malaysia, Israel, and others.
  • Includes sectors of primary focus to the OBOR initiative, such as industrials, utilities, materials, financials, and energy.
  • Benchmarked to MSCI, a global leader in international indexing.

1.) “The Belt and Road Initiative: Country Profiles”, HKTDC.com as of 9/30/2020.
2.) Data from the World Bank as of 12/31/2019, retrieved 9/30/2020.
3.) “One Belt, One Road”: China's New Global Strategy, Journal of Contemporary East Asia Studies, 3/28/2017, retrieved 9/30/2020.

Fund Details

Data as of 12/03/2021
TickerOBOR
Primary ExchangeNYSE
CUSIP500767868
ISINUS5007678684
Net Assets$9,339,318
Total Annual Fund Operating Expense 0.79%
Inception Date9/07/2017
Distribution FrequencyAnnual

Daily Performance

Data as of 12/03/2021
Premium Discount Chart
NAV
Net Asset Value$31.13 
Daily Change 0.07%
Price
Market Price $0.00 
Daily Change0.00%
30 Day Median Bid/Ask Spread
Value0%

The ETF’s 30 Day Median Bid-Ask Spread is calculated by identifying the ETF’s national best bid and national best offer ("NBBO") as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.

Performance History

Distributions
Cumulative %
Data as of: 11/30/2021
Fund NAV Closing Price Index
1 Month-3.60% -3.45% -3.47%
3 Month-1.70% -2.05% -1.40%
6 Month0.39% -0.39% 0.11%
Since Inception34.09% 33.93% 41.60%
Avg Annualized %
Data as of month end: 11/30/2021
Fund NAV Closing PriceIndex
1 Year24.88% 24.39% 25.70%
3 Year14.41% 14.25% 16.03%
Since Inception7.18% 7.15% 8.57%
Avg Annualized %
Data as of quarter end: 09/30/2021
Fund NAV Closing Price Index
1 Year44.80% 45.42% 45.57%
3 Year12.19% 12.41% 13.73%
Since Inception7.62% 7.68% 9.05%
Growth of $10,000
Data as of 12/03/2021

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.

The Growth of $10,000 chart reflects an initial investment of $10,000 on the day prior to the selected time period and assumes reinvestment of dividends and capital gains. For the growth of $10,000 chart since inception, the initial investment of $10,000 is instead made on the inception date of the Fund. Fund expenses, including management fees and other expenses were deducted. The growth of a $10,000 investment in the fund is hypothetical and for illustration purposes only.

Top 10 Holdings

Data as of 12/03/2021
Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 CONTEMPORARY A-A 8.42% 300750 CNE100003662 7,300 786,374
2 OCBC BANK 5.94% OCBC SG1S04926220 67,412 554,643
3 MMC NORILSK NICKEL PJSC 4.22% GMKN RU0007288411 1,329 394,007
4 KUWAIT FINANCE HOUSE 4.01% KFH KW0EQ0100085 139,946 374,793
5 PTT PCL/FOREIGN 3.49% PTT/F TH0646010Z18 300,200 325,606
6 IMPALA PLATINUM 3.30% IMP ZAE000083648 22,700 307,685
7 ROSNEFT OIL CO PJSC 2.92% ROSN RU000A0J2Q06 34,915 272,905
8 CHINA YANGTZE-A 2.87% 600900 CNE000001G87 87,600 268,260
9 ICL GROUP LTD 2.00% ICL IL0002810146 21,438 186,588
10 ANGLO AMERICAN P 1.77% AMS ZAE000013181 1,507 164,879

Holdings are subject to change.