KCNY

Fund Description
The KraneShares E Fund China Commercial Paper ETF (NYSE: KCNY) seeks to track the CSI Diversified High Grade Commercial Paper Index. The Fund seeks to deliver a diversified basket of investment-grade1 commercial paper denominated in on-shore renminbi issued by sovereign, quasi-sovereign and corporate issuers in the People s Republic of China and traded in the inter-bank bond market. Commercial paper in the Fund is investment-grade and has a remaining term to final maturity of no more than one year and no less than one month.
Fund Profile
Fund Name KraneShares E Fund China Commercial Paper ETF
Fund Exchange Ticker KCNY
Fund Sponsor Krane Shares
Fund ISIN US5007677025
Net Expense Ratio 0.57 %
Fund Inception Date 3 December 2014
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Treasury & Government
Asset Class Bonds
Index Linked Passive
Index Name CSI Diversified High Grade Commercial Paper Index
Index Provider China Securities Index
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Emerging Market Funds
Bond Type Treasury & Government
Credit Quality Investment Grade Only
Average Maturity <1 year
Bond Currency Denomination CNY
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 11.95 Million (USD)
1 Month Total Return 2.44 %
Year To Date Return 1.83 %
1 Year Total Return -1.02 %
3 Year Annualized Total Return 2.70 %
NAV 34.15
Share Outstanding 350,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
SHAANXI COM CONST BOND 0.0868000000
GD POWER DEVELOPMENT CO BOND 0.0744000000
TSSTEE 4.87 04/04/19 BOND 0.0620000000
CENTRAL HUIJIN INV BOND 0.0496000000
ALUMINUM CORP OF CHINA BOND 0.0496000000
HENAN PINGGAO ELECTRIC BOND 0.0496000000
GUANGZHOU YUE XIU HOLDING BOND 0.0495000000
SHANDONG HONGQIAO BOND 0.0495000000
PING AN INTL FIN LEASING BOND 0.0495000000
CHINA DATANG CORP RENEWA BOND 0.0495000000