KSTR

KraneShares SSE STAR Market 50 Index ETF

$18.43
+0.00%
Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The KraneShares SSE STAR Market 50 Index ETF (KSTR) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the SSE Science and Technology Innovation Board 50 Index.

Overview

ETF tracking KraneShares SSE STAR Market 50 Index ETF

Category Innovation
Issuer Other
Inception Date 2021-01-27
Market Cap $42.4M
Average Volume N/A
Dividend Yield N/A
52-Week Range $11.97 - $20.34
VWAP $18.44

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The KraneShares SSE STAR Market 50 Index ETF (KSTR) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the SSE Science and Technology Innovation Board 50 Index.

🎯 Investment Strategy

The ETF uses a representative sampling strategy to track the underlying index, which is composed of the 50 largest and most liquid stocks listed on the Shanghai Stock Exchange's STAR Market. The fund invests in a portfolio of securities that seeks to replicate the index's composition and risk/return characteristics.

✨ Key Features

  • Provides exposure to the STAR Market, China's Nasdaq-style board for innovative technology companies
  • Focuses on the 50 largest and most liquid stocks on the STAR Market
  • Uses a representative sampling approach to track the underlying index
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific market segment in China
  • Emerging markets risk due to the volatility and potential for political, economic, and regulatory changes in China
  • Foreign securities risk, including currency fluctuations and political uncertainty
  • Liquidity risk as the STAR Market is a relatively new and developing exchange

👤 Best For

The KraneShares SSE STAR Market 50 Index ETF may be suitable for investors seeking exposure to innovative Chinese technology companies and who have a higher risk tolerance. Due to the fund's narrow focus and limited performance history, it is generally recommended as a small allocation within a diversified portfolio.