KWEB

KraneShares CSI China Internet UCITS ETF

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Investment Strategy:

KWEB seeks to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors.

KWEB Provides:

  • Access to Chinese internet companies that provide similar services as Google, Facebook, Twitter, eBay, Amazon, etc.
  • Exposure to companies benefitting from increasing domestic consumption by China's growing middle class
  • Exposure to Chinese internet companies listed in both the United States and Hong Kong

China Internet Sector Highlights:

  • Chinese retail web sales totaled US$1.5 trillion1 in 2019 (compared to US$601.7 billion2 in the United States), representing an increase of 16.5% year-over-year1.
  • China's internet population reached 854 million people, a penetration of only 61.2%3. The U.S. internet population reached 294 million people, a penetration rate of 89.5%4.
  • Total Chinese retail sales reached US$5.8 trillion in 20191
  • Online shopping accounted for 25.8% of retail purchases in China in 20191

1. National Bureau of Statistics in China, “Total Retail Sales of Consumer Goods Went up by 8.0 percent in 2019”, 19/Jan/2020. Note: Figures converted from Chinese Renminbi to USD as of 14/Apr/2020.
2. U.S. Department of Commerce, “Quarterly Retail E-commerce Sales 4th Quarter 2019” 19/Feb/2020.
3. CNNIC, The 44th Statistical Report on the Development of China’s Internet, 31/Aug/2019.
4. Data from Pew Research Center, World Bank, and US Census Bureau as of 30/Jun/2019.

Daily Performance

Data as of 03/03/2021
NAV
Net Asset Value$56.42 
Daily Change -0.96%

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

Cumulative %
Data as of: 02/28/2021
Fund NAV Index
1 Month2.68% 2.75%
3 Month18.84% 19.42%
6 Month24.58% 27.76%
Since Inception121.00% 126.31%
Avg Annualized %
Data as of month end: 02/28/2021
Fund NAV
1 Year83.37% 84.98%
Since Inception41.64% 43.15%
Avg Annualized %
Data as of quarter end: 12/31/2020
Fund NAV Index
1 Year59.49% 60.92%
Since Inception36.41% 37.77%

**Italian Borsa listing for KWEB's EUR share class only

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 03/03/2021
Full Holdings .CSV
Rank Company Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 TENCENT HOLDINGS LTD 10.56% 700 KYG875721634 425,800 39,689,731
2 ALIBABA GRP-ADR 8.85% BABA US01609W1027 140,788 33,263,981
3 MEITUAN-CLASS B 7.63% 3690 KYG596691041 596,900 28,673,363
4 PINDUODUO INC-ADR 6.67% PDD US7223041028 148,548 25,067,475
5 BAIDU INC - SPON ADR 6.18% BIDU US0567521085 83,673 23,244,359
6 BILIBILI INC-ADR 4.25% BILI US0900401060 115,191 15,986,207
7 KE HOLDINGS INC 4.12% BEKE US4824971042 258,390 15,487,897
8 TRIP.COM GROUP LTD-ADR 3.92% TCOM US89677Q1076 370,343 14,739,651
9 JD.COM INC-ADR 3.92% JD US47215P1066 157,271 14,723,711
10 TAL EDUCATION GROUP- ADR 3.87% TAL US8740801043 190,541 14,557,332

Holdings are subject to change.