Loading ETF profile…
The KraneShares China Alpha Index ETF (KCAI) is designed to generate returns that surpass the CSI 300 Index. It achieves this by employing an advanced quantitative methodology, augmented by artificial intelligence, for its rigorous security selection and portfolio weighting process. The fund's investment universe originates from the CSI 300 China A-Shares, specifically excluding any companies currently under U.S. sanctions. Potential holdings are meticulously screened using a diverse set of criteria, including historical pricing data, fundamental financial indicators, prevailing market trends, complex mathematical parameters, market capitalization, and sector classification, among other relevant data points. A sophisticated algorithm then optimizes the portfolio's constituents and their respective weightings to enhance the probability of achieving total returns superior to the benchmark. KCAI primarily invests in a maximum of 50 China A-Shares, with each individual holding capped at 5% of the total assets, facilitated through the Stock Connect Programs. To further diversify or manage risk, up to 20% of the fund's assets may be allocated to other equity investments not present in the underlying index, various derivatives, shares of other investment companies or ETFs, or cash and cash equivalents. The ETF also retains the flexibility to engage in securities lending. Its underlying index is subject to monthly reconstitution and rebalancing, ensuring regular adjustments to the portfolio.
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| 600160.SS | ZHEJIANG JUHUA CO-A | 4.85% | $152.66K |
| 601881.SS | CHINA GALAXY SECURITIES CO-A | 3.47% | $109.12K |
| 002648.SZ | SATELLITE CHEMICAL CO LTD-A | 3.44% | $108.20K |
| 002463.SZ | WUS PRINTED CIRCUIT KUNSHA-A | 3.42% | $107.67K |
| 600919.SS | BANK OF JIANGSU CO LTD-A | 3.22% | $101.43K |
| 601169.SS | BANK OF BEIJING CO LTD -A | 3.21% | $101.09K |
| 300308.SZ | ZHONGJI INNOLIGHT CO LTD-A | 3.21% | $101.03K |
| 601398.SS | IND & COMM BK OF CHINA-A | 3.18% | $100.12K |
| 300394.SZ | SUZHOU TFC OPTICAL COMMUNI-A | 3.17% | $99.75K |
| 601229.SS | BANK OF SHANGHAI CO LTD-A | 3.16% | $99.33K |
| 600015.SS | HUAXIA BANK CO LTD-A | 3.16% | $99.32K |
| 601328.SS | BANK OF COMMUNICATIONS CO-A | 3.14% | $98.88K |
| 601939.SS | CHINA CONSTRUCTION BANK-A | 3.13% | $98.43K |
| 600018.SS | SHANGHAI INTERNATIONAL POR-A | 3.11% | $97.84K |
| 601766.SS | CRRC CORP LTD-A | 3.10% | $97.60K |
| 601988.SS | BANK OF CHINA LTD-A | 3.09% | $97.25K |
| 600150.SS | CHINA CSSC HOLDINGS LTD-A | 3.07% | $96.68K |
| 601288.SS | AGRICULTURAL BANK OF CHINA-A | 3.06% | $96.46K |
| 601077.SS | CHONGQING RURAL COMMERCIAL-A | 3.05% | $96.09K |
| 601009.SS | BANK OF NANJING CO LTD -A | 3.03% | $95.51K |
| 601006.SS | DAQIN RAILWAY CO LTD -A | 2.95% | $92.83K |
| 600406.SS | NARI TECHNOLOGY CO LTD-A | 2.94% | $92.51K |
| 601919.SS | COSCO SHIPPING HOLDINGS CO-A | 2.93% | $92.10K |
| 600660.SS | FUYAO GLASS INDUSTRY GROUP-A | 2.84% | $89.53K |
| 600066.SS | YUTONG BUS CO LTD-A | 2.68% | $84.30K |