Key stats
About KraneShares 90% KWEB Defined Outcome January 2027 ETF
Home page
Inception date
Feb 8, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Krane Funds Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US5007674139
KBUF utilizes a defined outcome strategy on the KraneShares CSI China Internet ETF (KWEB). It aims to provide long exposure to China internet stocks, up to a cap, while hedging some of the downside risks over a two-year period. The fund primarily invests in KWEB and options, including FLEX options on the underlying ETF. In exchange for preventing the realization of the first 90% of KWEB's losses, investors forego upside participation above a certain threshold. The upside cap and downside buffer reset every other year, in January. The specific defined outcome pursued may only be possible if an investor were to hold the shares for the entire outcome period. There is no guarantee the defined outcome of the strategy pursued will be realized by investors. The issuer publishes effective interim levels daily on its website. The targeted buffers and caps do not include the fund's expense ratio. For comparative purposes, KBUF investors need to double the stated expense ratio of the fund. Following January 24, 2025, KBUF has reset its outcome period and extended it to 2027.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF112.19%
Cash0.87%
Rights & Warrants−13.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KBUF assets under management is 4.31 M USD. It's risen 4.84% over the last month.
KBUF fund flows account for 736.04 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, KBUF pays dividends to its holders with the dividend yield of 2.83%. The last dividend (Dec 31, 2024) amounted to 0.98 USD. The dividends are paid annually.
KBUF shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Feb 8, 2024, and its management style is Active.
KBUF expense ratio is 1.01% meaning you'd have to pay 1.01% of your investment to help manage the fund.
KBUF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KBUF invests in funds.
KBUF price has risen by 3.99% over the last month, and its yearly performance shows a 18.05% increase. See more dynamics on KBUF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.66% over the last month, showed a 11.85% increase in three-month performance and has increased by 23.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.66% over the last month, showed a 11.85% increase in three-month performance and has increased by 23.41% in a year.
KBUF trades at a premium (0.56%) meaning the ETF is trading at a higher price than the calculated NAV.