FRANKFURT, Germany, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Krane Funds Advisors, LLC ("KraneShares"), a global asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative China investment strategies, today announced the cross-listing of six euro-denominated KraneShares ETFs on the Deutsche Börse Xetra, including:
- KraneShares CSI China Internet UCITS ETF (Ticker: KWBE) (https://kraneshares.eu/kwebln/)
KWEB tracks the CSI Overseas China Internet Index. The Index consists of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors.
- KraneShares MSCI China A 50 Connect UCITS ETF (Ticker: KBA) (https://kraneshares.eu/ka50ln/)
KA50 tracks the MSCI China A 50 Connect Index. The Index comprises 50 large-cap Shanghai and Shenzhen listed stocks (A-shares) available through Stock Connect. - KraneShares MSCI All China Health Care Index UCITS ETF (Ticker: KRUE) (https://kraneshares.eu/kureln/)
KURE tracks the MSCI China All Shares Health Care 10/40 Index. The Index is designed to track the equity market performance of Chinese companies engaged in the healthcare sector. - KraneShares ICBCCS SSE STAR Market 50 Index UCITS ETF (Ticker: KSRE) (https://kraneshares.eu/kstrln/)
KSTR tracks the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index consists of the 50 largest companies listed on the SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.
- KraneShares MSCI China ESG Leaders UCITS ETF (Ticker: KESG) (https://kraneshares.eu/kesgln/)
KESG tracks the MSCI China ESG Leaders 10/40 Index. The Index aims to provide exposure to Chinese companies with high Environmental, Social, and Governance (ESG) ratings relative to their sector peers. KESG has an Article 8 EU Sustainable Finance Disclosure Regulation (SFDR) Classification, meaning the fund promotes environmental or social characteristics and holds companies that follow good governance practices. - KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF (Ticker: KARS)
(https://kraneshares.eu/karsln/)KARS tracks the performance of the Bloomberg Electric Vehicles ESG Screened Index. The Index consists of companies engaged in the production of electric vehicles and/or their components or engaged in other initiatives that may change the future of mobility. KARS has an Article 8 SFDR classification.
"By listing these six UCITS ETFs on the Frankfurt Stock Exchange, we're pleased to offer German investors the opportunity to access companies that we consider to be China's industry frontrunners and instrumental in propelling China's growth trajectory for the decades ahead," said Dr. Xiaolin Chen, Head of International at KraneShares.
"Germany represents a key strategic growth market for KraneShares," said Jonathan Krane, CEO of KraneShares. "We believe investors in the region have a strong affinity for investing in China, and our UCITS ETF range, which includes themes like China internet, electric vehicles, clean technology, China A-Shares, fixed income, and more, represent a differentiated approach for gaining exposure to the world's second-largest economy."
For more information about KraneShares' UCITS ETFs, visit kraneshares.eu or email europe@kraneshares.com.
About KraneShares
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. The firm focuses on providing investors with strategies to capture China's importance as an essential element of a well-designed investment portfolio. KraneShares ETFs represent innovative, first-to-market strategies developed based on the firm and its partners' deep investing knowledge. These strategies allow investors to stay current on global market trends and provide meaningful diversification. Krane Funds Advisors, LLC, is a signatory of the United Nations-supported Principles for Responsible Investing (UN PRI).
In 2018, KraneShares established operations in the United Kingdom (UK) and Europe to better deliver its renowned China-focused ETFs to investors in the region. In addition to launching UK/Europe-specific versions of its most popular US-listed funds, KraneShares also develops strategies tailored to meet the specific needs of its UK/European clients.
Contacts:
Joseph Dube - KraneShares, Head of Marketing
Joseph.Dube@kraneshares.com
Disclaimers:
This is a marketing communication. Please refer to the prospectus of the UCITS, the KIID, and the PRIIP before making any final investment decision.
Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. The Funds are subject to political, social or economic instability within China which may cause decline in value. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values. Emerging markets involve heightened risk related to the same factors as well as increase volatility and lower trading volume.
Narrowly focused investments typically exhibit higher volatility. Internet companies are subject to rapid changes in technology, worldwide competition, rapid obsolescence of products and services, loss of patent protections, evolving industry standards and frequent new product productions. Such changes may have an adverse impact on performance.
This material is for information only and does not constitute an offer or recommendation to buy or sell any investment, or subscribe to any investment management or advisory service. It is not, under any circumstances, intended for distribution to the general public. You are accessing information which constitutes a financial promotion under section 21 of the Financial Services and Markets Act 2000 ("FSMA"). In relation to the United Kingdom, this information is only directed at, and may only be distributed to, persons who are "Investment Professionals" (being persons having professional experience in matters relating to investments) within the meaning of article 19(5) of the FSMA (Financial Promotion) Order 2005 (the "Financial Promotion Order"), persons to whom any of paragraphs (2)(a) to (d) of article 49 (high net worth companies, unincorporated associations etc.) of the financial promotion order apply, or persons to whom distribution may otherwise lawfully be made.
Any investment, and investment activity or controlled activity, to which this information relates is available only to such persons and will be engaged in only with such persons. Persons that do not have professional experience should not rely or act upon this information unless they are persons to whom any of paragraphs (2)(a) to (d) of article 49 apply to whom distribution of this information may otherwise lawfully be made.
The views and opinions expressed in this material are those of the authors Krane Fund Advisors. These opinions have been given in good faith but are subject to change without notice. It is the responsibility of the investor to evaluate the accuracy, completeness and usefulness of any opinions, advice, services, or other information provided.
This material may not be suitable for all investors. Any performance quoted represents past performance and is no guarantee of future results. Past performance is not indicative or a guarantee of future performance. Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information, including historical and the most recent month-end performance, can be found in the Fund Literatureor at the website of our management company www.waystone.com. KIID and PRIIP documents are available in the language of any Member State where such fund is distributed.
Krane Funds Advisors, LLC is appointed to act as investment manager in accordance with the requirements of the Central Bank. Waystone Management Company (IE) Limited is appointed to provide management services to the ICAV in accordance with the requirements of the Central Bank. The Management Company may decide to terminate the arrangements made for the marketing of the Fund in accordance with Article 93a of Directive 2009/65/EC.
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