KTEC

KraneShares Hang Seng TECH Index ETF

$17.06

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The KraneShares Hang Seng TECH Index ETF (KTEC) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Hang Seng TECH Index.

Overview

ETF tracking KraneShares Hang Seng TECH Index ETF

Category Technology

Issuer Other

Inception Date 2021-06-09

Market Cap $52.9M

Average Volume N/A

Dividend Yield 0.21%

52-Week Range $12.65 - $19.51

VWAP $17.15

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a representative sampling strategy to track the index, which is designed to track the 30 largest technology companies listed in Hong Kong. The fund invests at least 80% of its total assets in the component securities of the index.

✨ Key Features

Provides exposure to the largest technology companies in Hong Kong
Tracks the Hang Seng TECH Index, which is designed to represent the 30 largest technology companies listed in Hong Kong
Uses a representative sampling strategy to replicate the index performance
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the technology sector
Exposure to the Hong Kong and Chinese markets, which may have higher volatility and political/regulatory risks
Potential liquidity risks due to the fund's relatively small asset size
Currency risk as the fund's holdings are denominated in Hong Kong dollars

👤 Best For

This ETF may be suitable for investors seeking exposure to the technology sector in Hong Kong and China, as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to account for the potential volatility of the underlying market.