Megaphone icon ETF Database is now VettaFi. Read More >
ETFdb Logo
ETFdb Logo
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • Entrepreneur ETF
    • Equity ETF
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Future ETFs
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Modern Alpha
    • Multi-Asset
    • Multi-Factor
    • Nasdaq Investment Intelligence
    • Portfolio Strategies
    • Retirement Income
    • Smart Beta
    • Thematic Investing
    • Volatility Resource
  • Database
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
    • ETFs Future-Forward 2021: An iShares Investing Symposium
    • Three Themes for 2021: An iShares & MSCI Investing Symposium
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Videos & Podcasts
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. China Insights Channel
  2. KraneShares Launches ETF Focused on China Growth Sectors
China Insights Channel
Share

KraneShares Launches ETF Focused on China Growth Sectors

Karrie GordonOct 07, 2021
2021-10-07

Krane Fund Advisors announced today in a press release the launch today of the KraneShares China Innovation ETF, which invests in high growth sectors of China as well as private companies.

KGRO is an actively managed fund that targets what the firm calls “New China” sectors that are anticipated to experience high-growth; these include Chinese healthcare, internet, clean technology, 5G, and semiconductors, as well as the Shanghai Stock Exchange Science and Technology Innovation Board (STAR Market).

The STAR Market is a Chinese equivalent to the Nasdaq in the US in that it is comprised primarily of tech companies that are coming to IPO or are not quite large enough or established enough yet to list on the main Chinese exchanges, which have much more stringent listing requirements.

The fund invests in the KraneShares CSI China Internet ETF (KWEB B+), the KraneShares MSCI All China Health Care ETF (KURE), the KraneShares MSCI China Clean Technology ETF (KGRN), the KraneShares CICC China 5G & Semiconductor ETF (KFVG), and the KraneShares SSE STAR Market 50 Index ETF (KSTR), and it also invests up to 15% of its assets in private companies that align with the investment theme.

“As we expand our suite of ETFs to cover multiple growth areas in China many investors have asked us for a comprehensive allocation to each of these opportunities,” said Jonathan Krane, CEO of KraneShares. “KGRO provides investors with a model portfolio of our ETFs representing what we believe to be the top growth opportunities in China, in a single ETF.”

KGRO’s Allocations Are in China’s Growth

The fund will seek to allocate 30% into KWEB, an ETF that tracks the CSI Overseas China Internet Index, which measures the investable universe of equities of China-based, publicly traded companies that are listed outside of mainland China and primarily involved in the internet and related sectors.

The fund will seek to allocate 25% into KURE, an ETF that tracks the MSCI China All Shares Health Care 10/40 Index, an index that measures the performance of Chinese companies in the healthcare sector.

The fund will seek to allocate 20% into KGRN, an ETF that tracks the MSCI China IMI Environment 10/40 Index, an index that contains companies involved in alternative energy, sustainable water, green building, pollution prevention, or energy efficiency in China.

The fund will seek to allocate 15% into KFVG, an ETF that tracks the CICC China Technology Leaders Index, an index that contains the 30 largest Chinese companies by free-float market cap whose business is in 5G and technology-related sectors, such as semiconductors.

The fund will seek to allocate 10% into KSTR, an ETF that tracks the SSE Star Market 50 Component Index, an index that includes the 50 largest companies by free float market cap that are listed on the SSE STAR Market.

For more news, information, and strategy, visit the China Insights Channel.


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
  • Mission Statement
  • Press
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © ETF Flows LLC
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

Equity ETF Channel

Retirement Portfolio Redux: Is the 60%-40% Portfolio Dead?

Debbie CarlsonOct 22, 2020
2020-10-22

With the 10-year U.S. Treasury yield hovering below 1% and Federal Reserve Chairman Jerome Powell...

Equity ETF Channel

Portfolio Diversification Isn't Dead, It Was Just Sleeping

Debbie CarlsonOct 15, 2020
2020-10-15

Investors could be forgiven to think there was no reason to invest outside of the U.S. for the...

}
X