NEW YORK, Oct., 20 2017
/PRNewswire/ -- Krane Funds Advisors, LLC, ("KraneShares") a
U.S. asset management firm known for its China focused KraneShares exchange traded
funds (ETFs) and innovative China
investment strategies, announced the launch of the KraneShares
Emerging Markets Consumer Technology ETF (Ticker: KEMQ) listed on
the New York Stock Exchange. KEMQ holds emerging market companies
focused on internet software/services, payment processing, and
E-Commerce.
"Through our experience investing in China, we saw that the China internet and E-Commerce sector has
consistently outperformed the broader China markets1," said Jonathan Krane, Chief Executive Officer of
KraneShares. "We believe this trend also holds true across other
emerging markets." KraneShares has established a market leadership
position by assets under management in the China Internet sector
through the KraneShares CSI China Internet ETF (Ticker : KWEB),
which launched in July 2013.
According to a seminal study from the The Organization for
Economic Co-operation and Development (OECD), emerging market
middle class consumption could reach 52% of total global
consumption by the year 2030. With internet adoption growing by an
average 25% a year across the emerging markets2, and EM
smartphone ownership per capita nearing 50%3,
KraneShares believes the majority of this consumption could take
place online.
KEMQ holds companies like Brazilian electronic payment processor
Cielo4, Argentinian E-Commerce platform
MercadoLibre5, South
Korea's social media giant Naver6, Russian web
portal Mail.ru7, and China internet leaders like
Alibaba8 and Tencent9.
"Emerging market internet companies are increasingly driving
global innovation in areas like, artificial intelligence,
self-driving cars, internet-of-things, drone delivery, and cloud
computing," said Brendan Ahern,
Chief Investment Officer of KraneShares. "For investors looking to
diversify their technology allocation, we believe that KEMQ holds
many attractive emerging market internet and E-Commerce
companies."
KraneShares will broadcast a live webinar on Wednesday November 1st at 11:00am EST. The webinar will cover Singles Day-
China's largest online shopping
holiday, and the KraneShares Emerging Markets Consumer Technology
ETF (Ticker: KEMQ). Click here to register for the
webinar.
About Krane Funds Advisors, LLC
Krane Funds Advisors, LLC is the investment manager for
KraneShares ETFs. Our suite of China focused ETFs provides investors with
solutions to capture China's
importance as an essential element of a well-designed investment
portfolio. We strive to provide innovative, first to market
strategies that have been developed based on our strong
partnerships and our deep knowledge of investing. We help investors
stay up to date on global market trends and aim to provide
meaningful diversification. Krane Funds Advisors, LLC is majority
owned by China International Capital Corporation (CICC).
For more information please visit: www.kraneshares.com
Diversification does not ensure a profit or guarantee against a
loss.
Carefully consider the Funds' investment objectives, risk
factors, charges and expenses before investing. This and additional
information can be found in the Funds' full and summary prospectus,
which may be obtained by visiting www.kraneshares.com. Read the
prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
There can be no assurance that a Fund will achieve its stated
objectives. The Funds are subject to political, social or economic
instability within China which may
cause decline in value. Fluctuations in currency of foreign
countries may have an adverse effect to domestic currency values.
Emerging markets involve heightened risk related to the same
factors as well as increase volatility and lower trading
volume.
Narrowly focused investments typically exhibit higher
volatility. The ability of the KraneShares Emerging Markets
Consumer Technology Index ETF to achieve its investment objective
is dependent, in part, on the continuous availability of A Shares
and the ability to obtain, if necessary, additional A Shares quota.
The fund may invest in derivatives, which are often more volatile
than other investments and may magnify the Fund's gains or losses.
The Fund may engage in securities lending. The Fund is
non-diversified.
Although the information provided in this document has been
obtained from sources which Krane Funds Advisors, LLC believes to
be reliable, it does not guarantee accuracy of such information and
such information may be incomplete or condensed.
The KraneShares ETFs are distributed by SEI Investments
Distribution Company (SIDCO), which is not affiliated with Krane
Funds Advisors, LLC, the Investment Adviser for the Fund.
- Data from Bloomberg as of 9/30/2017
- Data from internet live stats as of 9/30/2017
- JACOB POUSHTER "Smartphone Ownership and Internet Usage
Continues to Climb in Emerging Economies" Pew Research Center.
02/22/2016
- Cielo was 3.30% of KEMQ net assets as of 10/19/2017
- MercadoLibre was 1.92% of KEMQ net assets as of 10/19/2017
- Naver was 3.94% of KEMQ net assets as of 10/19/2017
- Mail.ru was 2.57% of KEMQ net assets as of 10/19/2017
- Alibaba was 3.30% of KEMQ and 9.94% of KWEB net assets as of
10/19/2017
- Tencent was 3.60% of KEMQ and
10.71% of KWEB net assets as of 10/19/2017
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SOURCE Krane Funds Advisors, LLC