KGRO ISSUER
Krane Funds Advisors, LLC (Krane) is the issuer behind the KraneShares MSCI China ESG Leaders Index ETF (KGRO). Established with a commitment to provide investors with access to innovative and socially responsible investment opportunities, Krane has a strong focus on the Chinese market. KGRO reflects Krane's dedication to environmental, social, and governance (ESG) principles by tracking the MSCI China ESG Leaders Index, which comprises Chinese companies demonstrating strong ESG practices. By promoting responsible investing in China, Krane exemplifies its dedication to aligning investment goals with sustainable and ethical considerations, contributing to a more responsible and sustainable global economy.
KGRO DIVIDEND
The KGRO Dividend reflects the dividend distribution of the KraneShares Global Carbon Strategy ETF (KGRO). While KGRO primarily focuses on investments related to carbon emissions, it also considers dividends from the underlying companies. Dividend distributions in KGRO typically follow the policies and performance of the companies within its portfolio. Investors interested in sustainable investing with the potential for dividend income may consider KGRO as it aligns with environmental goals while offering a chance for dividend returns.
KGRO TRACKING
KGRO, the KraneShares Green New China ETF, is dedicated to tracking the performance of environmentally responsible and sustainable Chinese companies. This ETF achieves its investment objective by primarily investing in a selection of Underlying ETFs. KGRO's portfolio is strategically allocated across the following KraneShares Underlying ETFs: KraneShares MSCI China Clean Technology Index ETF (KGRN) - 20% allocation: KGRN aims to mirror the performance of Chinese companies dedicated to environmental sustainability, including those involved in alternative energy, sustainable water, green building, pollution prevention, and energy efficiency. KraneShares CICC China 5G & Semiconductor Index ETF (KFVG) - 15% allocation: KFVG focuses on Chinese technology leaders, particularly in 5G and Technology-Related Industries, encompassing semiconductors, electronic equipment, internet services, and more. KraneShares SSE STAR Market 50 Index ETF (KSTR) - 10% allocation: KSTR tracks the SSE Star Market 50 Component Index, which comprises the largest companies listed on the SSE STAR Market, a specialized exchange for high-tech and emerging industries in China. KGRO is an ideal choice for investors seeking exposure to China's burgeoning green and tech sectors, offering a diversified approach to capitalize on growth opportunities while aligning with sustainable and forward-thinking investment principles.
KGRO CORRELATION
The correlation aspect of the KraneShares MSCI China Clean Technology Index ETF (KGRO) is closely tied to the performance of Chinese companies focusing on environmental sustainability and efficient resource usage. As KGRO seeks to replicate the MSCI China IMI Environment 10/40 Index, it is expected to exhibit a strong correlation with Chinese firms that contribute to a more environmentally sustainable economy. Investors looking to align their portfolios with eco-friendly initiatives often utilize KGRO's correlation data to make informed investment decisions.
KGRO SECTOR
The KraneShares MSCI China ESG Leaders ETF (KGRO) primarily invests in Chinese companies that demonstrate strong environmental, social, and governance (ESG) practices. KGRO's portfolio consists of companies engaged in various sectors, including technology, healthcare, clean technology, 5G and semiconductor, and high-tech industries listed on the SSE STAR Market. This sector diversification allows investors to access a wide range of sustainable and innovative businesses within the Chinese market while emphasizing responsible and ethical investment principles. However, KGRO may also allocate a portion of its assets to private companies, aiming to capture emerging opportunities in the evolving Chinese innovation landscape.
KGRO EXPOSURE
The exposure characteristic of the KraneShares China Innovation ETF (KGRO) ETF focuses on a unique strategy using Flexible Exchange® Options (FLEX Options) that reference the SPDR® S&P 500® ETF Trust as the underlying ETF. FLEX Options offer customizable terms, providing a distinct investment approach. While FLEX Options are guaranteed for settlement by the Options Clearing Corporation, they may have different liquidity characteristics compared to traditional options. The ETF aims to achieve specific outcomes based on the performance of the SPDR® S&P 500® ETF Trust, using a combination of call and put FLEX Options, and its returns may vary based on market conditions and the performance of the underlying ETF.For detailed information about the ETF's exposure and to explore its unique investment strategy, you can utilize our tool ETF Insider. With its web app, you can access comprehensive data for various US ETFs, visualize exposure, analyze overlaps, correlations, and much more, helping you make informed investment decisions.