KGRN

KraneShares MSCI China Clean Technology Index ETF

$29.64
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The KraneShares MSCI China Clean Technology Index ETF (KGRN) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the MSCI China IMI Environment 10/40 Index.

Overview

ETF tracking KraneShares MSCI China Clean Technology Index ETF

Category Technology
Issuer Other
Inception Date 2017-10-13
Market Cap $62.3M
Average Volume N/A
Dividend Yield 1.12%
52-Week Range $20.93 - $32.52
VWAP $29.81

Performance

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Investment Summary

📎 Investment Objective

The KraneShares MSCI China Clean Technology Index ETF (KGRN) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the MSCI China IMI Environment 10/40 Index.

🎯 Investment Strategy

The ETF invests in companies that derive at least 50% of their revenues from clean technology-related business activities, such as renewable energy, energy efficiency, and clean technology. The fund aims to provide exposure to the growing clean technology sector in China.

✨ Key Features

  • Focuses on Chinese companies involved in clean technology and environmental solutions
  • Tracks the MSCI China IMI Environment 10/40 Index, which is designed to represent the performance of companies engaged in clean technology-related business activities
  • Provides exposure to the growing clean energy and sustainability trends in China
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the Chinese clean technology sector
  • Emerging market risk as China is considered an emerging market
  • Currency risk as the fund invests in Chinese companies and the value of the yuan may fluctuate
  • Liquidity risk as the fund may invest in smaller or less-traded companies

👤 Best For

This ETF may be suitable for investors seeking exposure to the clean technology and sustainability sector in China, with a long-term investment horizon and a higher risk tolerance. It may be appropriate as a satellite holding in a diversified portfolio.