Key stats
About KraneShares Trust KraneShares CSI China Internet ETF
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Inception date
Jul 31, 2013
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
KWEB, tracking only overseas-listed Chinese shares of Internet-sector companies, doesn't look much like the broader Chinese IT industry. For one thing, KWEB excludes hardware companies from its selection universe. It only includes Internet software and services, home entertainment software, educational software for home use, retail or commercial services primarily through the Internet, and mobile Internet software and services. KWEB ends up with less Software and IT Exposure than broader funds in the segment and may tilt significantly towards small-caps. Index constituents are ranked by free-float market capitalization in USD and weighted using a 10% capping methodology at each semi-annual rebalance. While not perfectly capturing China's Internet economy, KWEB is a good pure play on Chinese Internet software and service providers.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Retail Trade
Stocks99.24%
Technology Services42.27%
Retail Trade28.13%
Finance7.99%
Consumer Services7.76%
Commercial Services7.08%
Transportation6.02%
Bonds, Cash & Other0.76%
Miscellaneous0.65%
Cash0.11%
Stock breakdown by region
Asia93.35%
Europe6.65%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history