KLIP
KraneShares KWEB Covered Call Strategy ETF
📎 Investment Objective
The KraneShares KWEB Covered Call Strategy ETF (KLIP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the KraneShares KWEB Covered Call Index.
Overview
ETF tracking KraneShares KWEB Covered Call Strategy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The KraneShares KWEB Covered Call Strategy ETF (KLIP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the KraneShares KWEB Covered Call Index.
🎯 Investment Strategy
The ETF employs a covered call strategy, selling call options on the underlying holdings in the KraneShares CSI China Internet Index to generate additional income. The fund aims to provide exposure to Chinese internet and e-commerce companies while generating income from the covered call strategy.
✨ Key Features
- Provides exposure to Chinese internet and e-commerce companies through the KraneShares CSI China Internet Index
- Employs a covered call strategy to generate additional income
- Aims to provide downside protection through the covered call strategy
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Exposure to Chinese markets and companies, which may have higher volatility and risks compared to U.S. markets
- Concentration risk as the fund is focused on the internet and e-commerce sectors
- Potential underperformance compared to the underlying index due to the covered call strategy
- Liquidity risk as the fund is relatively new and has low assets under management
👤 Best For
This ETF may be suitable for investors seeking exposure to the Chinese internet and e-commerce sectors with the potential for additional income generation through a covered call strategy. Investors should have a higher risk tolerance and a longer-term investment horizon to account for the volatility and risks associated with the fund's strategy and underlying holdings.