KA50

KraneShares MSCI China A 50 Connect UCITS ETF

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Investment Strategy:

KA50 is benchmarked to the MSCI China A 50 Connect Index, consisting of 50 large-cap Shanghai and Shenzhen listed stocks (A-shares) available through Stock Connect. This Index offers the first officially recognized Futures contracts for Stock Connect-eligible A-shares, representing a powerful risk management tool for international investors. KA50 will focus on the largest, most liquid stocks, which receive most foreign interest and inflows and may benefit from increased global investment in China’s onshore market over the long term.

MSCI China A 50 Connect Index Features:

  • Designed to meet the requirements of the growing number of investors in China’s mainland A-share markets.
  • In addition to offering high correlation to broad China A-share benchmarks, the MSCI China A 50 Connect Index may offer greater liquidity and investability due to its balanced sector weighting methodology and focus on China’s largest, most liquid securities.
  • An expected reduction in tracking error and bid-ask spreads given that market makers can directly hedge exposure with Futures.

China A-Share Internationalization Highlights:

  • China A-Shares are vastly underrepresented in global indexes. While the United States has a weight of 58.67% in the MSCI All Country World Index, China only has a weight of 4.85%1
  • MSCI is realigning China’s overall weight in their Global Standard Indexes through an incremental inclusion process. Upon completion, China A-shares are predicted to account for about 20% of the MSCI Emerging Market (EM) Index1.
  • Greater accessibility and inclusion in global indexes has led to significant foreign inflows into the China A-share market over the past several years.

1.) Data from MSCI as of 30/Sept/2021.

Fund Details

Data as of 29/Nov/2021
TickerKA50
Primary SEDOLBJ9JTF8
Primary ISINIE00BJLFK515
Net Assets$7,086,701
Total Annual Fund Operating Expense 0.40%
Inception Date26/Jun/2019
Distribution FrequencyAccumulating

Listings

Data as of 29/Nov/2021
Exchange Ticker Currency Listing Date SEDOL ISIN
London Stock Exchange KA50 LN USD 27/Jun/2019 BJ9JTF8 IE00BJLFK515

Daily Performance

Data as of 29/Nov/2021
NAV
Net Asset Value$37.90 
Daily Change 0.48%

Performance History

Cumulative %
Data as of: 31/Oct/2021
Fund NAV Index
1 Month1.94% 2.04%
3 Month4.18% 4.44%
6 Month1.37% 2.19%
Since Inception53.48% 58.81%
Avg Annualized %
Data as of month end: 31/Oct/2021
Fund NAV
1 Year15.43% 16.84%
Since Inception20.05% 21.74%
Avg Annualized %
Data as of quarter end: 30/Sep/2021
Fund NAV Index
1 Year16.68% 18.26%
Since Inception19.84% 21.56%

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.

Top 10 Holdings

Data as of 29/Nov/2021
Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 CONTEMPORARY A-A 10.21% 300750 CNE100003662 6,800 723,237
2 KWEICHOW MOUTAI CO LTD-A 7.89% 600519 CNE0000018R8 1,800 559,015
3 LONGI GREEN EN-A 5.88% 601012 CNE100001FR6 30,248 416,409
4 CHINA MERCHANTS BANK-A 4.40% 600036 CNE000001B33 39,993 311,730
5 LUXSHARE PRECI-A 3.50% 002475 CNE100000TP3 39,540 248,068
6 BYD CO LTD -A 3.43% 002594 CNE100001526 5,098 242,840
7 WANHUA CHEMIC-A 3.33% 600309 CNE0000016J9 15,900 236,326
8 WILL SEMICONDU-A 2.98% 603501 CNE100002XM8 4,900 211,169
9 WULIANGYE YIBIN CO LTD-A 2.87% 000858 CNE000000VQ8 5,786 203,437
10 YUNNAN ENERGY-A 2.69% 002812 CNE100002BR3 4,520 190,924

Holdings are subject to change.