In this fund overview, we look at KraneShares CSI China Internet UCITS ETF.
“China is home to the world’s largest consumer market in physical goods, E-Commerce market, and internet population. These trends are here to stay and are continuing to grow. Investors can access leading companies benefitting from this growth at current multi-year record low valuations through KWEB.”
The fund focuses on internet-related sectors by incorporating: Innovation, Technology, E-Commerce, Gaming, Social Media, and Entertainment.
This includes companies such as: Tencent, Meituan, Alibaba, JD.com, Pinduoduo, and Baidu – all of which are headquartered in China.
The fund has a total expense ratio of 75 basis points.
It is available in US Dollars, Pounds Sterling & Euros, and is domiciled in Ireland.
The fund’s underlying index is the China Securities Index Co’s Overseas China Internet Index.
Constituents are weighted by free-float market cap and are rebalanced semi-annually.
The fund is designed for investors seeking exposure to the leading internet and e-commerce companies of China.
For more information about the fund visit KraneShares.eu and of course, to stay up-to-date with news and events in our sector, visit ETFStream.com.