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 0.62 %
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 15 March 2019
Asset Under Management 18.90 Million (USD)
1 Month Total Return 1.39 %
Year To Date Return 3.84 %
1 Year Total Return -1.45 %
3 Year Annualized Total Return 2.54 %
NAV 34.36
Share Outstanding 550,000
Top 10 Holdings (15 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CHINESE YUAN RENMINBI CASH 0.1601000000
SHAANXI COM CONST BOND 0.0554000000
GD POWER DEVELOPMENT CO BOND 0.0473000000
TSSTEE 4.87 04/04/19 BOND 0.0395000000
CCCC FIRST HARBOR BOND 0.0395000000
XIAMEN INTL TRADE GROUP BOND 0.0394000000
JIANGSU SHAGANG GROUP BOND 0.0394000000
SHOUGANG GROUP CO LTD BOND 0.0394000000
BEIJING STATE-OWNED ASSET BOND 0.0394000000
TIANJIN CITY CONSTRUCTION BOND 0.0394000000