KSTR

KraneShares ICBCCS SSE STAR Market 50 Index UCITS ETF

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Investment Strategy:

KSTR seeks to track the performance of the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index is comprised of the 50 largest companies listed on the SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.

STAR Market Highlights:

  • Facilitates the fast-tracking of private science and technology companies to an initial public offering (IPO).
  • Since its establishment in July 2019, the STAR Market has become one of the largest IPO markets globally1 and a premier listing venue for prominent Chinese unicorns (privately held startup companies valued at over $1 billion).
  • Recent increases in fund-raising activity on Chinese exchanges can largely be attributed to the STAR Market, which accounted for 47% of capital raised across China’s Mainland A-Share market in 20202.
  • Potential inclusion in the SSE Composite Index and Shanghai-Hong Kong Stock Connect could result in greater flows for STAR Market securities.

KSTR Features:

  • Exposure to companies poised to be China’s future leaders across industries that could represent the growth engine of China for decades to come.
  • Innovation-driven science and technology companies in China that offer a potential source of uncorrelated, long-term growth.
  • Includes companies from industries such as new-generation information technology, biomedicine, new energy, and environmental protection.

1. YiCai Global, “China’s Year-Old Star Market Outshines the Venerable Nasdaq”, 2020/Jul/23.
2. The Asset, “A bumper IPO year despite Covid-19”, 2020/Dec/14.

Listings

Data as of 17/Sep/2021
Exchange Ticker Currency Listing Date SEDOL ISIN
London Stock Exchange KSTR LN USD 26/May/2021 BMBNL20 IE00BKPJY434
Borsa Italiana KSTR IM EUR 21/Jul/2021 IE00BKPJY541

Daily Performance

Data as of 17/Sep/2021
NAV
Net Asset Value$24.38 
Daily Change -0.46%

Performance History

Cumulative %
Data as of: 31/Aug/2021
Fund NAV Index
1 Month-8.78% -9.52%
3 Month4.08% -1.48%
6 Month 8.96%
Since Inception5.08% 4.51%
Cumulative %
Data as of quarter end: 30/Jun/2021
Fund NAV Index
Since Inception15.28% 15.10%

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 17/Sep/2021
Full Holdings .CSV
RankCompany Name% of Net AssetsTickerShares HeldMarket Value($)
1
BEIJING KINGSO-A
21.96%688111 CH7,064267,601
2
ADVANCED MICRO-A
18.4%688012 CH9,469224,302
3
SHENZHEN TRANS-A
16.23%688036 CH9,202197,773
4
JIANGSU CNANO -A
15.61%688116 CH7,139190,292
5
NINGBO RONBAY -A
14.46%688005 CH10,331176,209
6
MONTAGE TECHNO-A
12.42%688008 CH17,411151,432
7
AMLOGIC SHANGHAI INC-A
10.52%688099 CH7,911128,229
8
BEIJING ROBORO-A
9.93%688169 CH1,062121,021
9
RAYTRON TECHNO-A
9.33%688002 CH8,563113,747
10
GUANGDONG JIA -A
9.16%688388 CH6,220111,659

Holdings are subject to change.