From Google: 2024-09-16 06:54:01

KraneShares introduces new ETF for China A-Shares market, aiming to optimize alpha. The ETF offers exposure to 30 A-Shares with high correlation to China’s economy. It seeks to provide investors with returns uncorrelated to broad Chinese equity markets. The fund is listed on the NYSE Arca under ticker symbol KFAF.

KraneShares has strategically selected 30 A-Shares for the fund, representing sectors like consumer, technology, and industrials. These sectors have shown strong growth in China’s market. The ETF aims to optimize alpha by focusing on the best performing A-Shares. This strategy is designed to generate excess returns for investors looking for exposure to China’s growing economy.

Investors can access the ETF with a management fee of 0.72%, significantly lower than other actively managed funds. The fund’s structure allows for tax efficiency, minimizing potential tax burdens for investors. With this low-cost solution, investors can gain exposure to high-growth sectors in China without sacrificing returns or incurring high management fees.



Read more at Google: KraneShares brings alpha optimisation to China A-Shares market ETF – ETF Express