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 14 June 2019
Asset Under Management 19.87 Million (USD)
1 Month Total Return 0.57 %
Year To Date Return 0.75 %
1 Year Total Return -4.43 %
3 Year Annualized Total Return 1.72 %
NAV 33.12
Share Outstanding 600,000
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CHINESE YUAN RENMINBI BOND 0.1161000000
SHAANXI COM CONST BOND 0.0508000000
SHAANXI COAL AND CHEMICAL BOND 0.0435000000
CCCC FIRST HARBOR BOND 0.0363000000
HUANENG LANCANG HYDRO BOND 0.0363000000
SINOPHARM GROUP CO-H 1099 EQUI 0.0363000000
SHOUGANG GROUP CO LTD BOND 0.0363000000
JIANGSU SHAGANG GROUP BOND 0.0362000000
TIANJIN CITY CONSTRUCTION BOND 0.0362000000
BEIJING STATE-OWNED ASSET BOND 0.0362000000