KraneShares Bosera MSCI China A Share ETF ETF.com segment: Equity: China - Total Market Competing ETFs: CNYA, MCHI, GXC, ASHR, PEK Related ETF Channels: Emerging Markets, Asia-Pacific, China, MSCI China A Inclusion Index, Equity, Size and Style, Broad-based, Total Market, Vanilla Find more ETFs with our ETF Screener and Database *Unless otherwise stated, data provided by FactSet. D 73 FUND DESCRIPTION tracks a subset of market-cap-weighted large- and midcap Chinese equities listed in Shanghai and Shenzhen. FACTSET ANALYTICS INSIGHT offers a twist on US-listed physical A-share exposure. By definition, A-share ETFs hold stocks listed in Shanghai or Shenzhen and exclude those listed in Hong Kong or New York. also excludes small-caps. Stocks are weighted by the portion of market cap that s publically available to foreign investors. s twist: It only holds firms added to the broader MSCI Emerging Markets index, a partial and progressive transition per MSCI. As such, s portfolio may vary from that of other capweighted A-share funds, which are typically heavy on banks and insurance firms and light on tech. Prior to Dec 26, 2017, tracked an A-shares index without MSCI EM inclusion constraint (MSCI China A International Index). SUMMARY DATA Issuer Inception Date Legal Structure Expense Ratio Assets Under Management Average Daily $ Average Spread (%) PORTFOLIO DATA Weighted Average Market Cap KraneShares 03/05/14 Open-Ended Fund 0.60% $541.70M $8.85M 0.06% $51.93B MSCI ESG ANALYTICS INSIGHT The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of March 28, 2019 the KraneShares Bosera MSCI China A Share ETF MSCI ESG Fund Quality Score is 2.78 out of 10. The fund s Peer Rank reflects the ranking of a fund s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ranks in the 8th percentile within its peer group and in the 0th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage. Price / Earnings Ratio 12.04 Price / Book Ratio 1.53 Distribution Yield 3.01% Next Ex-Dividend Date 06/25/14 Number of Holdings 240 INDEX DATA Index Tracked MSCI China A Inclusion Index Index Weighting Methodology Index Selection Methodology Market Cap Market Cap MSCI All China IMI Index
1 Year Daily Price ($) 37.50 35.00 32.50 30.00 27.50 25.00 Apr May Jun Jul Aug Sep Oct Nov Dec `19 Feb Mar 4M PERFORMANCE [as of 03/28/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS 1.12% 25.74% 26.00% -5.58% 4.61% 8.21% -- (NAV) 0.66% 24.69% 24.69% -6.47% 4.26% 8.33% -- MSCI China A Inclusion Index 0.66% 25.01% 24.75% -8.39% 3.48% 9.49% -- MSCI All China IMI Index 2.21% 23.22% 22.77% -10.45% 4.07% 7.99% 7.56% All returns over 1 year are annualized. All returns are total returns unless otherwise stated. TOP 10 COUNTRIES China Hong Kong United Kingdom United States Singapore 68.12% 31.88% -- -- -- TOP 10 SECTORS Financials 39.44% Basic Materials 5.34% Consumer Non-Cyclicals 12.57% Healthcare 4.63% Industrials 10.58% Utilities 3.31% Consumer Cyclicals 10.56% Energy 2.96% Technology 8.18% Telecommunications Serv 1.05% TOP 10 HOLDINGS Kweichow Moutai Co., Ltd 5.29% Hangzhou Hikvision Digit 1.66% Ping An Insurance (Group 4.17% Industrial and Commercia 1.56% China Merchants Bank Co 3.47% Shanghai Pudong Develo 1.55% Wuliangye Yibin Co., Ltd. 1.86% Jiangsu Hengrui Medicine 1.52% Industrial Bank Co., Ltd. C 1.85% Agricultural Bank of China 1.46% Total Top 10 Weighting 24.39%
PORTFOLIO MANAGEMENT TAX EXPOSURES FUND STRUCTURE Expense Ratio Median Tracking Difference (12 Mo) Max. Upside Deviation (12 Mo) Max. Downside Deviation (12 Mo) 0.60% 3.91% 7.36% 1.36% Max LT/ST Capital Gains Rate Capital Gains Distributions (3 Year) Tax on Distributions Distributes K1 20.00% / 39.60% 0.39% 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 N/A ETN Counterparty Risk N/A Fund Closure Risk Low Portfolio Disclosure Daily
Daily Spread 0.3% FACTSET ANALYTICS BLOCK LIQUIDITY As of 03/29/19 0.2% 0.1% 0% 5 4 3 2 1 This measurement shows how easy it is to trade a $1 million USD block of. is rated a 0 out of 5. Premium/Discount 5.0% 2.5% TRADABILITY Avg. Daily Share 289,998 0.0% Average Daily $ $8.85M -2.5% Median Daily Share 228,444-5.0% 2 500k 2 000k 1 500k 1 000k 500k Median Daily ($) Average Spread (%) Average Spread ($) $6.73M 0.06% $0.02 Apr Jun Aug Oct Dec `19 Mar Median Premium / Discount (12 Mo) 0.12% Max. Premium / Discount (12 Mo) 3.46% / -4.13% Impediment to Creations Potential Market Hours Overlap 0.00% Creation Unit Size (Shares) 50,000 Creation Unit/Day (45 Day Average) 4.57 Creation Unit Cost (%) 0.38% Underlying / Unit 0.02% Open Interest on ETF Options 10,542 Net Asset Value (Yesterday) $30.65 ETF.com Implied Liquidity 0
SECTOR/INDUSTRY BREAKDOWN TOP 10 HOLDINGS PERFORMANCE STATISTICS Financials 39.44% 28.54% Consumer Non- Cyclicals 12.57% 6.69% Industrials 10.58% 10.26% Consumer Cyclicals 10.56% 9.83% Technology 8.18% 21.95% Basic Materials 5.34% 6.76% Healthcare 4.63% 4.31% Utilities 3.31% 2.86% Energy 2.96% 3.69% Telecommunications Services 1.05% 2.44% Kweichow Moutai Co., Ping An Insurance (Group) Company of China, China Merchants Bank Co., Wuliangye Yibin Co., Industrial Bank Co., Hangzhou Hikvision Digital Technology Co., Ltd Class A Industrial and Commercial Bank of China Limited Class A Shanghai Pudong Development Bank Co., Jiangsu Hengrui Medicine Co., Ltd. Class A Agricultural Bank of China Limited Class A 5.29% 4.17% 3.47% 1.86% 1.85% 1.66% 1.56% 1.55% 1.52% 1.46% Goodness of Fit (R2) Beta Up Beta Down Beta Downside Standard Deviation MSCI ESG RATINGS MSCI ESG Quality Score Peer Group Percentile Rank Global Percentile Rank SRI Screening Criteria Exposure Exposure to Sustainable Impact Solutions Weighted Average Carbon Intensity (t CO2e/$M Sales) 0.90 1.07 1.16 1.04 0.49% MSCI All China IMI Index 2.78 / 10 7.59 0.46 10.31% 4.58% 496.38 Total Top 10 Weighting 24.39% BENCHMARK COMPARISON HOLDINGS COUNTRIES Number of Holdings 240 Constituents 2275 China 68.12% 55.09% Hong Kong 31.88% 44.09% United Kingdom -- 0.04% Shared Holdings Shared Holdings Weight 236 41.96% United States -- 0.69% Singapore -- 0.09% BENCHMARK COMPARISON SUMMARY REGIONS Asia-Pacific 100.00% 99.28% North America -- 0.69% Europe -- 0.04% Number of Holdings Weighted Average Market Cap Price / Earnings Ratio 240 2275 $51.93B $97.06B 12.04 14.01 ECONOMIC DEVELOPMENT Emerging Countries 68.12% 55.09% Developed Countries 31.88% 44.91% Price / Book Ratio Dividend Yield 1.53 1.69 2.51% 2.03% Concentration Low Low
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