BUYO

KraneShares Man Buyout Beta Index ETF

$26.72
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The KraneShares Man Buyout Beta Index ETF (BUYO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Man Buyout Beta Index.

Overview

ETF tracking KraneShares Man Buyout Beta Index ETF

Category Other
Issuer Other
Inception Date 2024-10-08
Market Cap $13.4M
Average Volume N/A
Dividend Yield 0.04%
52-Week Range $19.73 - $27.43
VWAP $26.77

Performance

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Investment Summary

📎 Investment Objective

The KraneShares Man Buyout Beta Index ETF (BUYO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Man Buyout Beta Index.

🎯 Investment Strategy

The ETF uses a passive management (or index-tracking) strategy and will invest at least 80% of its total assets in the securities that comprise the underlying index. The index is designed to provide exposure to companies that have been the target of leveraged buyout transactions.

✨ Key Features

  • Provides exposure to companies that have been acquired in leveraged buyout transactions
  • Passively tracks the Man Buyout Beta Index
  • Low expense ratio of 0.00%
  • Limited performance history as the fund is relatively new

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific segment of the market
  • Liquidity risk as the securities of acquired companies may be less liquid
  • Valuation risk as the prices of acquired companies may be impacted by the buyout process
  • Lack of long-term performance history to evaluate the fund's track record

👤 Best For

This ETF may be suitable for investors seeking exposure to the leveraged buyout market as part of a diversified portfolio. However, due to the limited performance history and specialized nature of the fund, it may be more appropriate for experienced investors with a higher risk tolerance.