The Global X Conscious Companies ETF (KRMA) is managed by Global X Management Company LLC. KRMA is designed to invest at least 80% of its total assets in securities that make up the Concinnity Conscious Companies Index, which emphasizes companies operating sustainably and responsibly within a multi-stakeholder operating system (MsOS) framework, as defined by Concinnity Advisors LP, the Index Provider. The ETF aims to provide exposure to U.S.-listed companies that prioritize positive outcomes across five key stakeholder groups: Customers, Employees, Suppliers, Stock and Debt Holders, and Communities. KRMA's investment strategy involves a comprehensive selection process that involves evaluating companies based on their ability to achieve positive outcomes and integrating multiple research sources to form a composite score. The Underlying Index is equal-weighted, generally includes large- or mid-cap companies, and offers broad sector exposure. As of January 31, 2023, the Underlying Index consisted of 177 constituents, with the top three sectors being information technology, health care, and financials. Global X Management Company LLC utilizes a passive indexing approach to align the Fund's performance closely with the Underlying Index, with a target correlation exceeding 95%. The Fund may use a replication strategy, but it may also employ a representative sampling strategy under certain circumstances to manage costs or liquidity issues. Please note that the Fund's investment objective and the Underlying Index may be subject to change without shareholder approval.
While the primary focus of the KRMA ETF may be on sustainable and responsible investing rather than dividends, it still reflects the dividend distribution of the underlying Concinnity Conscious Companies Index. Dividend distributions for this ETF, like the underlying index, are influenced by the individual dividend policies and performances of the constituent companies. KRMA's investment objective is to provide exposure to companies in the U.S. that operate in a sustainable and responsible manner, and while dividends may not be its primary focus, investors may still receive periodic dividend income based on the performance of these socially conscious companies.
Tracking the Concinnity Conscious Companies Index is the primary objective of the KRMA ETF. This exchange-traded fund aims to invest at least 80% of its total assets in the securities of the Concinnity Conscious Companies Index, which is designed to provide exposure to U.S. companies that operate sustainably and responsibly according to a multi-stakeholder operating system (MsOS) developed by Concinnity Advisors LP, the Index Provider. The index evaluates companies based on their ability to achieve positive outcomes across five key stakeholder groups: Customers, Employees, Suppliers, Stock and Debt Holders, and Communities. KRMA employs a passive indexing approach, seeking to replicate the index's performance and maintain a high correlation of over 95% with the underlying index, with a focus on sustainability and responsible corporate governance.
The correlation aspect of the KraneShares ICA Asia Consumer Technology ETF (KRMA) is known for its strong connection to the performance of Asian consumer technology companies. Given that KRMA tracks the ICA Asia Consumer Technology Index, its correlation with the Asian consumer technology sector is expected to be high. Investors often use KRMA to gain exposure to this specific industry, as it provides valuable insights into the performance of key players in the Asian consumer technology market. The ETF Insider web app is a powerful tool for studying KRMA's correlations with other assets and sectors, offering deep and insightful data through its user-friendly visualization tools, helping investors make informed decisions and identify potential overlaps in their portfolios.
The KraneShares Bosera MSCI China A Share ETF (KRMA) primarily focuses on the Chinese A-share market. Chinese A-shares are stocks of companies incorporated in mainland China and traded on the Shanghai and Shenzhen stock exchanges. This ETF provides investors with exposure to the Chinese domestic equity market, offering opportunities in sectors such as technology, consumer discretionary, and financials. Investing in Chinese A-shares can be appealing to those looking to capitalize on the growth potential of China's domestic economy, but it comes with its own set of risks, including regulatory and geopolitical uncertainties.
The exposure characteristic of the Global X Conscious Companies ETF (KRMA) revolves around its focus on companies listed in the U.S. that operate their businesses in a sustainable and responsible manner. KRMA tracks the Concinnity Conscious Companies Index, which employs a multi-stakeholder operating system (MsOS) to measure companies'' ability to achieve positive outcomes across five key stakeholder groups: Customers, Employees, Suppliers, Stock and Debt Holders, and Communities. With a market capitalization greater than $2 billion, the index selects companies that consistently meet MsOS criteria, resulting in an equal-weighted index that generally spans various sectors, including information technology, health care, and financials. For detailed insights into KRMA''s holdings and sector allocations, ETF Insider''s web app offers comprehensive data and visualization tools to uncover correlations, overlaps, and more, making it an essential resource for investors seeking exposure to socially responsible companies.
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