OBOR KraneShares MSCI One Belt One Road Index ETF ETF.com segment: Equity: Global Infrastructure Competing ETFs: NFRA, TOLZ, IGF, GII, PAVE Related ETF Channels: Vanilla, Theme Investing, Global, Equity, Sectors, Infrastructure Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. OBOR FUND DESCRIPTION OBOR tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China's "One Belt, One Road" initiative. OBOR FACTSET ANALYTICS INSIGHT OBOR targets companies likely to benefit from China s One Belt, One Road initiative, which is a framework adopted by the Chinese government to emphasize cooperation and connection between China and other Eurasian countries. More specifically, the fund s underlying index targets companies that stand to profit from China s infrastructure spending. The portfolio allocates 45% of its weight to Chinese companies and 55% to non-chinese companies. Within each category, individual constituents are market-cap weighted, with individual countries (other than China) capped at 10%. OBOR MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of January 16, 2019 the KraneShares MSCI One Belt One Road Index ETF MSCI ESG Fund Quality Score is 3.40 out of 10. The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. OBOR ranks in the 41st percentile within its peer group and in the 3th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. OBOR SUMMARY DATA Issuer Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) OBOR PORTFOLIO DATA Weighted Average Market Cap Price / Earnings Ratio Price / Book Ratio Distribution Yield Next Ex-Dividend Date Number of Holdings OBOR INDEX DATA KraneShares 09/07/17 Open-Ended Fund 0.80% $20.06M $134.40K 0.16% $15.35B 10.07 1.21 2.77% 94 Index Tracked MSCI Global China Infrastructure Exposure Index Index Weighting Methodology Index Selection Methodology Tiered Market Cap FTSE Global Core Infrastructure Index
1 Year Daily Price ($) 30.00 28.00 26.00 24.00 22.00 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec `19 400k PERFORMANCE [as of 01/16/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS OBOR 1.40% 2.00% 2.21% -15.12% OBOR (NAV) 1.78% 2.65% 2.07% -13.79% MSCI Global China Infrastructure Exposure Index FTSE Global Core Infrastructure Index 0.11% 1.47% 4.36% 4.18% 12.86% 7.97% All returns over 1 year are annualized. All returns are total returns unless otherwise stated. OBOR TOP 10 COUNTRIES China 23.03% Thailand 5.68% Hong Kong 20.94% Indonesia 4.39% Singapore 10.14% India 4.12% Malaysia 6.55% South Africa 3.83% Russian Federation 6.45% Philippines 3.75% OBOR TOP 10 SECTORS Basic Materials 29.21% Consumer Non-Cyclicals 2.25% Industrials 27.05% Technology 0.97% Utilities 17.06% Consumer Cyclicals 0.65% Energy 11.35% Financials 10.18% OBOR TOP 10 HOLDINGS Oversea-Chinese Banking 6.19% China State Construction 2.93% Rosneft Oil Co. 5.65% China Yangtze Power Co. 2.80% PETRONAS Chemicals Gro 3.95% Hindalco Industries Limite 2.71% PTT Global Chemical Plc 3.59% JG Summit Holdings Inc. 2.70% ICL-Israel Chemicals Ltd. 3.18% KGHM Polska Miedz S.A. 2.67% Total Top 10 Weighting 36.37%
OBOR PORTFOLIO MANAGEMENT OBOR TAX EXPOSURES OBOR FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.80% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% 0.01% Qualified dividends No Legal Structure OTC Derivative Use Securities Lending Active Securities Lending Split (Fund/Issuer) ETN Counterparty Open-Ended Fund No No No Policy ETN Counterparty Risk Fund Closure Risk High Portfolio Disclosure Daily
Daily Spread 0.8% OBOR FACTSET ANALYTICS BLOCK LIQUIDITY As of 01/17/19 0.6% 0.4% 0.2% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of OBOR. OBOR is rated a 1 out of 5. Premium/Discount 4.0% 2.0% OBOR TRADABILITY Avg. Daily Share 6,049 0.0% Average Daily $ $134.40K -2.0% Median Daily Share 2,537-4.0% 250k 200k 150k 100k 50k Median Daily ($) Average Spread (%) Average Spread ($) $56.74K 0.16% $0.03 Feb Apr Jun Aug Oct Nov `19 Median Premium / Discount (12 Mo) 0.09% Max. Premium / Discount (12 Mo) 2.54% / -1.89% Impediment to Creations None Market Hours Overlap 2.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 0.05 Creation Unit Cost (%) 0.35% Underlying / Unit 0.82% Open Interest on ETF Options Net Asset Value (Yesterday) $22.23 ETF.com Implied Liquidity 1 OBOR SECTOR/INDUSTRY BREAKDOWN OBOR TOP 10 HOLDINGS OBOR PERFORMANCE STATISTICS Basic Materials OBOR 29.21% Oversea-Chinese Banking Corporation Limited Rosneft Oil Co. 6.19% 5.65% Goodness of Fit (R2) Beta Up Beta 0.09 0.41 0.34 Industrials 27.05% Utilities 17.06% Energy 11.35% Financials 10.18% Consumer Non- Cyclicals 2.25% PETRONAS Chemicals Group Bhd. PTT Global Chemical Plc ICL-Israel Chemicals Ltd. 3.95% 3.59% 3.18% Down Beta Downside Standard Deviation OBOR MSCI ESG RATINGS 0.49 0.93% FTSE Global Core Infrastructure Index
Technology 0.97% Consumer Cyclicals 0.65% China State Construction Engineering Corp. Ltd. Class A 2.93% MSCI ESG Quality Score Peer Group Percentile Rank 3.40 / 10 40.69 China Yangtze Power Co., Ltd. Class A Hindalco Industries Limited JG Summit Holdings Inc. 2.80% 2.71% 2.70% Global Percentile Rank SRI Screening Criteria Exposure Exposure to Sustainable Impact Solutions 2.66 3.98% 2.23% KGHM Polska Miedz S.A. Total Top 10 Weighting 2.67% 36.37% Weighted Average Carbon Intensity (t CO2e/$M Sales) 1,596.33 OBOR COUNTRIES OBOR China 23.03% Hong Kong 20.94% Singapore 10.14% Malaysia 6.55% OBOR BENCHMARK COMPARISON HOLDINGS OBOR Number of Holdings Constituents Shared Holdings Shared Holdings Weight 94 0.00% Russian Federation 6.45% Thailand 5.68% Indonesia 4.39% OBOR BENCHMARK COMPARISON SUMMARY OBOR India 4.12% South Africa 3.83% Philippines 3.75% Number of Holdings Weighted Average Market Cap 94 $15.35B OBOR REGIONS OBOR Price / Earnings Ratio 10.07 Asia-Pacific 78.59% Middle East & Africa 10.93% Europe 10.47% Price / Book Ratio Dividend Yield 1.21 3.00% Concentration Medium High OBOR ECONOMIC DEVELOPMENT OBOR Emerging Countries 65.45% Developed Countries 34.55%
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