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Krane Shares China Credit Index ETF
ETF
KCNY
Payout Change
Suspended
Price as of:
$35.3
-0.09
-0.25%
primary theme
N/A
KCNY (ETF)
Krane Shares China Credit Index ETF
Payout Change
Suspended
Price as of:
$35.3
-0.09
-0.25%
primary theme
N/A
KCNY (ETF)
Krane Shares China Credit Index ETF
Payout Change
Suspended
Price as of:
$35.3
-0.09
-0.25%
primary theme
N/A
Name
As of 06/03/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-3.3%
1 yr return
-1.8%
3 Yr Avg Return
3.5%
5 Yr Avg Return
3.4%
Net Assets
$14.7 M
Holdings in Top 10
41.4%
52 WEEK LOW AND HIGH
$35.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.69%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 06/03/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
KCNY - Profile
Distributions
- YTD Total Return -3.3%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.80%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameKrane Shares China Credit Index ETF
-
Fund Family NameKraneShares
-
Inception DateDec 02, 2014
-
Shares Outstanding450045
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Maund
Fund Description
KCNY - Performance
Return Ranking - Trailing
| Period | KCNY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -3.3% | -23.5% | 4.6% | 49.29% |
| 1 Yr | -1.8% | -24.3% | 3.5% | 49.42% |
| 3 Yr | 3.5%* | -18.9% | 13.6% | 2.17% |
| 5 Yr | 3.4%* | -21.4% | 6.5% | 3.36% |
| 10 Yr | N/A* | -15.8% | 5.6% | N/A |
* Annualized
Return Ranking - Calendar
| Period | KCNY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -6.8% | -58.7% | 15.1% | 4.44% |
| 2022 | 2.0% | -12.8% | 25.4% | 2.42% |
| 2021 | 3.0% | -12.0% | 25.9% | 4.95% |
| 2020 | 0.3% | -19.2% | 4.2% | 93.06% |
| 2019 | 0.0% | -7.2% | 9.9% | 3.38% |
Total Return Ranking - Trailing
| Period | KCNY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -3.3% | -23.5% | 4.6% | 49.58% |
| 1 Yr | -1.8% | -24.3% | 3.5% | 49.42% |
| 3 Yr | 3.5%* | -18.9% | 13.6% | 2.17% |
| 5 Yr | 3.4%* | -21.4% | 6.5% | 3.36% |
| 10 Yr | N/A* | -15.8% | 9.6% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | KCNY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -6.8% | -58.7% | 15.1% | 4.44% |
| 2022 | 2.0% | -12.8% | 25.4% | 2.42% |
| 2021 | 3.0% | -7.1% | 25.9% | 4.95% |
| 2020 | 0.3% | -19.2% | 10.9% | 93.06% |
| 2019 | 0.0% | -7.2% | 9.9% | 3.72% |
KCNY - Holdings
Concentration Analysis
| KCNY | Category Low | Category High | KCNY % Rank | |
|---|---|---|---|---|
| Net Assets | 14.7 M | 49.1 K | 15.5 B | 92.11% |
| Number of Holdings | 36 | 4 | 2121 | 95.99% |
| Net Assets in Top 10 | 6.01 M | -134 M | 1.25 B | 82.81% |
| Weighting of Top 10 | 41.40% | 2.2% | 95.0% | 14.83% |
Top 10 Holdings
- China Southern Power Grid Co., Ltd 4.87% 13.18%
- China National Petroleum Corporation 3.58% 12.91%
- China Everbright Bank Co., Ltd. 3.45% 12.90%
- China (People's Republic Of) 2.47% 5.22%
- China (People's Republic Of) 2.47% 5.22%
- China (People's Republic Of) 2.47% 5.22%
- China (People's Republic Of) 2.47% 5.22%
- China (People's Republic Of) 2.47% 5.22%
- China (People's Republic Of) 2.47% 5.22%
- China (People's Republic Of) 2.47% 5.22%
Asset Allocation
| Weighting | Return Low | Return High | KCNY % Rank | |
|---|---|---|---|---|
| Bonds | 78.10% | -0.02% | 116.66% | 87.97% |
| Cash | 21.90% | -16.66% | 101.67% | 10.03% |
| Stocks | 0.00% | -0.47% | 2.07% | 41.26% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 18.62% |
| Other | 0.00% | -3.28% | 3.53% | 21.78% |
| Convertible Bonds | 0.00% | 0.00% | 26.58% | 67.62% |
KCNY - Expenses
Operational Fees
| KCNY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.69% | 0.01% | 2.87% | 93.41% |
| Management Fee | 0.68% | 0.00% | 1.10% | 46.35% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 7.32% |
| Administrative Fee | N/A | 0.02% | 0.65% | N/A |
Sales Fees
| KCNY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.75% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| KCNY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| KCNY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 0.00% | 0.00% | 302.00% | 0.65% |
KCNY - Distributions
Dividend Yield Analysis
| KCNY | Category Low | Category High | KCNY % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 30.37% | 92.98% |
Dividend Distribution Analysis
| KCNY | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| KCNY | Category Low | Category High | KCNY % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.80% | -2.28% | 9.04% | 97.96% |
Capital Gain Distribution Analysis
| KCNY | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Aug 31, 2020 | $0.066 | OrdinaryDividend |
| Jul 31, 2020 | $0.065 | OrdinaryDividend |
| Jun 30, 2020 | $0.065 | OrdinaryDividend |
| May 29, 2020 | $0.064 | OrdinaryDividend |
| Apr 30, 2020 | $0.065 | OrdinaryDividend |
| Mar 31, 2020 | $0.064 | OrdinaryDividend |
| Feb 28, 2020 | $0.065 | OrdinaryDividend |
| Jan 31, 2020 | $0.066 | OrdinaryDividend |
| Dec 31, 2019 | $0.065 | OrdinaryDividend |
| Nov 29, 2019 | $0.065 | OrdinaryDividend |
| Oct 31, 2019 | $0.065 | OrdinaryDividend |
| Sep 30, 2019 | $0.081 | OrdinaryDividend |
| Aug 30, 2019 | $0.096 | OrdinaryDividend |
| Jul 31, 2019 | $0.100 | OrdinaryDividend |
| Jun 28, 2019 | $0.100 | OrdinaryDividend |
| May 31, 2019 | $0.100 | OrdinaryDividend |
| Apr 30, 2019 | $0.103 | OrdinaryDividend |
| Mar 29, 2019 | $0.120 | OrdinaryDividend |
| Feb 28, 2019 | $0.120 | OrdinaryDividend |
| Jan 31, 2019 | $0.120 | OrdinaryDividend |
| Dec 28, 2018 | $0.698 | OrdinaryDividend |
| Nov 30, 2018 | $0.119 | OrdinaryDividend |
| Oct 31, 2018 | $0.118 | OrdinaryDividend |
| Sep 28, 2018 | $0.121 | OrdinaryDividend |
| Aug 31, 2018 | $0.121 | OrdinaryDividend |
| Jul 31, 2018 | $0.122 | OrdinaryDividend |
| Jun 29, 2018 | $0.126 | OrdinaryDividend |
| May 31, 2018 | $0.129 | OrdinaryDividend |
| Apr 30, 2018 | $0.112 | OrdinaryDividend |
| Apr 08, 2016 | $0.012 | OrdinaryDividend |
| Jul 31, 2015 | $0.087 | OrdinaryDividend |
| Jun 30, 2015 | $0.096 | OrdinaryDividend |
| May 29, 2015 | $0.044 | OrdinaryDividend |
| Apr 30, 2015 | $0.016 | OrdinaryDividend |
| Feb 27, 2015 | $0.079 | OrdinaryDividend |
| Jan 30, 2015 | $0.065 | OrdinaryDividend |
| Dec 31, 2014 | $0.091 | OrdinaryDividend |
KCNY - Fund Manager Analysis
Managers
James Maund
Start Date
Tenure
Tenure Rank
Apr 30, 2021
1.08
1.1%
James Maund, Head of Capital Markets at Krane Funds Advisors LLC. He joined the Krane Funds Advisors in 2020 and has been in the investment management industry since 2005. Previously, he was a Vice President in the Institutional ETF Group and a member of the ETF Capital Markets Group at State Street Global Advisors (2010-2019); and an ETF trader at Goldman Sachs & Co (2005-2010). Mr. Maund graduated with a bachelor’s degree in economics from Wesleyan University.
Jonathan Shelon
Start Date
Tenure
Tenure Rank
Apr 30, 2021
1.08
1.1%
Jonathan Shelon, Managing Partner and Chief Operating Officer at Krane, also serves as a portfolio manager of each Fund and supports Mr. Schlarbaum and Krane’s investment team with respect to each Fund. Mr. Shelon has been a portfolio manager of each Fund since August 2018 (in the case of KraneShares CSI China Internet ETF, KraneShares Electric Vehicles and Future Mobility Index ETF, KraneShares Emerging Markets Consumer Technology Index ETF, KraneShares MSCI All China Healthcare Index ETF, KraneShares MSCI All China Index ETF, KraneShares MSCI China Environment Index ETF, KraneShares MSCI One Belt One Road Index ETF and KraneShares Zacks New China ETF) or since inception (in the case of KraneShares Emerging Markets Healthcare Index ETF, KraneShares MSCI All China Consumer Discretionary Index ETF, KraneShares MSCI All China Consumer Staples Index ETF and KraneShares MSCI China A Inclusion Hedged Index ETF,). Mr. Shelon joined Krane in 2015 as a Managing Partner. Mr. Shelon has spent the majority of his career managing investment portfolios and diverse teams at leading asset management organizations. Most recently, he was the Chief Investment Officer of a 40-person global Specialized Strategies Team at J.P. Morgan with $40 billion AUM. Prior to joining J.P. Morgan, Mr. Shelon spent ten years as a portfolio manager at Fidelity Investments since 2001 where he was responsible for the investment performance, process and evolution of their target-date strategies for retirement savings, college savings and income generation. Prior to joining, he was a quantitative consultant at Callan Associates, Inc.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 23.87 | 6.36 | 6.11 |
