Overview

Performance

Growth of USD 10,000

Holdings

Listings

Fund Documents

Overview

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 $2 trillion1 in 2022 (compared to $1 trillion2 in the United States).
  • China's internet population reached 1.05 billion people in 2022, a penetration of only 74%3. The U.S. internet population reached 311 million people, a penetration rate of 93% in 20223.
  • Total Chinese retail sales reached $6.4 trillion in 20223.
  • Online shopping accounted for 25% of retail purchases in China in 20223.

1. The State Council, the People’s Republic of China. Note: Figures converted from Chinese Renminbi to USD as of 3/31/2022. Retrieved on 12/31/2023.
2. Data from U.S. Department of Commerce as of 12/31/2022. Retrieved on 12/31/2023.
3. Data from Statista and The World Bank as of 12/31/2022. Retrieved on 12/31/2023.

Daily Performance

Data for USD share class as of 20/Jun/2024
Daily Net Asset Value (NAV)
NAV $19.77
NAV Daily Change 0.71%

Performance History

Cumulative %
Data for USD share class as of: 31/May/2024
Fund NAV Index
1 Month 2.33% 2.27%
3 Month 12.57% 12.01%
6 Month 4.54% 3.96%
YTD 7.44% 7.01%
Since Inception -20.84% -19.11%
Avg Annualized %
Data for USD share class as of month end: 31/May/2024
Fund NAV Index
1 Year 17.24% 16.94%
3 Year -23.06% -23.39%
5 Year -4.70% -4.41%
Since Inception -4.14% -3.76%
Avg Annualized %
Data for USD share class as of quarter end: 31/Mar/2024
Fund NAV Index
1 Year -14.45% -14.44%
3 Year -27.38% -27.34%
5 Year -9.32% -8.99%
Since Inception -5.94% -5.49%

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

Please note in respect of the key investor information document for KraneShares CSI China Internet UCITS ETF (ISIN: IE00BFXR7892) (the “KIID”), a previous iteration of this document contained incorrect performance data for the 2019 calendar year which has since been corrected in the current version. The performance figures included in the KIID in error previously for the class and index were 29.16% and 30.17% respectively which should have been 28.14% and 29.21% and which are included in the current KIID.

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.

Growth of USD 10,000

Data as of 20/Jun/2024

The Growth of USD 10,000 chart reflects an initial investment of USD 10,000 in the Fund's USD share class on the day prior to the selected time period and assumes reinvestment of dividends and capital gains. For the growth of USD 10,000 chart since inception, the initial investment of USD 10,000 is instead made on the inception date of the Fund. Fund expenses, including management fees and other expenses were deducted. The growth of a USD 10,000 investment in the fund is hypothetical and for illustration purposes only. Fund performance data used in this chart is based on Fund NAV and represents past performance. Past performance does not guarantee future results.

Top 10 Holdings

Data as of 21/Jun/2024 Full Holdings .CSV
Rank Name % of Net Assets Ticker Identifier Shares Held Market Value($)
1 TENCENT HOLDINGS LTD 10.28% 700 KYG875721634 942,200 46,038,111
2 ALIBABA GROUP HOLDING LTD 8.83% 9988 KYG017191142 4,286,224 39,536,759
3 PDD HOLDINGS INC 8.26% PDD US7223041028 256,874 36,953,894
4 MEITUAN-CLASS B 7.35% 3690 KYG596691041 2,210,600 32,908,645
5 JD.COM INC-CLASS A 5.76% 9618 KYG8208B1014 1,838,626 25,792,962
6 KE HOLDINGS INC-ADR 4.06% BEKE US4824971042 1,172,478 18,161,684
7 TRIP.COM GROUP LTD 3.98% 9961 KYG9066F1019 361,211 17,825,469
8 TENCENT MUSI-ADR 3.98% TME US88034P1093 1,271,733 17,816,979
9 FULL TRUCK A-ADR 3.98% YMM US35969L1089 2,023,240 17,804,512
10 NETEASE INC 3.97% 9999 KYG6427A1022 989,140 17,766,402

Holdings are subject to change.

Secondary Listing Holdings Overview

Data as of 21/Jun/2024
Name Ticker Listed Location % of Net Assets Combined % of Net Assets
ALIBABA GRP-ADR BABA United States 0.00% 8.83%
ALIBABA GROUP HOLDING LTD 9988 Hong Kong 8.83%
JD.COM INC-ADR JD United States 0.00% 5.76%
JD.COM INC-CLASS A 9618 Hong Kong 5.76%
TRIP.COM GROUP LTD-ADR TCOM United States 0.00% 3.98%
TRIP.COM GROUP LTD 9961 Hong Kong 3.98%
NETEASE INC-ADR NTES United States 0.00% 3.97%
NETEASE INC 9999 Hong Kong 3.97%
BAIDU INC - SPON ADR BIDU United States 0.00% 3.78%
BAIDU INC-CLASS A 9888 Hong Kong 3.78%
BILIBILI INC-ADR BILI United States 0.00% 3.13%
BILIBILI INC-CLASS Z 9626 Hong Kong 3.13%

Listings

Data as of 20/Jun/2024
Exchange Ticker Currency Listing Date SEDOL ISIN
London Stock Exchange KWEB LN USD 20/Nov/2018 BGLRQN6 IE00BFXR7892
Euronext Amsterdam KWEB NA USD 20/May/2019 BFYWCC2 IE00BFXR7892
London Stock Exchange KWBP LN GBP 01/Oct/2020 BLC9NZ7 IE00BMW13836
London Stock Exchange KWBE LN EUR 01/Oct/2020 BGLRQP8 IE00BFXR7900
Borsa Italiana KWBE IM EUR 08/Jan/2021 BNRQLF3 IE00BFXR7900
Deutsche Börse Xetra KWBE EUR 10/Oct/2023 IE00BFXR7892

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.