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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.

Listings

Data as of 15/Aug/2022
Exchange Ticker Currency Listing Date SEDOL ISIN
London Stock Exchange KA50 LN USD 27/Jun/2019 BJ9JTF8 IE00BJLFK515

Each share class is offered in the base currency noted above. To the extent the fund holds exposure to any positions in a currency different to the base currency, that position is unhedged.

Daily Performance

Data for USD share class as of 15/Aug/2022
NAV
Net Asset Value$31.26 
Daily Change -0.72%

Performance History

Cumulative %
Data for USD share class as of: 31/Jul/2022
Fund NAV Index
1 Month -8.15% -8.03%
3 Month 2.99% 3.27%
6 Month -11.74% -11.52%
Since Inception 25.36% 30.27%
Avg Annualized %
Data for USD share class as of month end: 31/Jul/2022
Fund NAV
1 Year -14.91% -14.33%
3 Year 7.38% 8.64%
Since Inception 7.57% 8.91%
Avg Annualized %
Data for USD share class as of quarter end: 30/Jun/2022
Fund NAV Index
1 Year -13.62% -12.97%
3 Year 10.60% 11.96%
Since Inception 10.87% 12.24%

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 16/Aug/2022
Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 CONTEMPORARY A-A 9.90% 300750 CNE100003662 9,500 731,580
2 KWEICHOW MOUTAI CO LTD-A 8.39% 600519 CNE0000018R8 2,200 620,309
3 LONGI GREEN EN-A 6.45% 601012 CNE100001FR6 53,707 476,836
4 BYD CO LTD -A 4.38% 002594 CNE100001526 6,898 323,428
5 WANHUA CHEMIC-A 3.92% 600309 CNE0000016J9 22,800 289,582
6 LUXSHARE PRECI-A 3.61% 002475 CNE100000TP3 49,540 266,788
7 CHINA MERCHANTS BANK-A 3.22% 600036 CNE000001B33 47,693 237,769
8 YUNNAN ENERGY-A 2.85% 002812 CNE100002BR3 6,420 210,481
9 CHINA TOURISM-A 2.76% 601888 CNE100000G29 7,290 203,829
10 ZIJIN MINING-A 2.72% 601899 CNE100000B24 151,200 200,730

Holdings are subject to change.