Key stats
About KraneShares Hang Seng TECH Index ETF
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Inception date
Jun 9, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
US5007675797
KTEC is passively managed to provide exposure to the 30 largest Chinese technology companies listed in Hong Kong. The fund selects companies headquartered and operating primarily in Greater China (Hong Kong, Macau, and Mainland China). Companies should be in the industrials, consumer discretionary, health care, financials, or information technology sectors. These companies should also display strong research and development investment and high revenue growth under the following themes: internet, fintech, cloud computing, e-commerce, and digital technology. KTEC primarily invests in H-shares, but also includes the other major share classes like A, B, and N-shares, red chips, P and S-chips. The index is market-cap-weighted with an 8% cap limit per individual security. Holdings are rebalanced quarterly and reconstituted at least semi-annually.
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
Technology Services
Retail Trade
Electronic Technology
Consumer Durables
Stocks99.48%
Technology Services29.20%
Retail Trade17.87%
Electronic Technology15.52%
Consumer Durables12.20%
Commercial Services6.60%
Producer Manufacturing6.51%
Consumer Services5.95%
Transportation5.63%
Bonds, Cash & Other0.52%
Cash0.52%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KTEC invests in stocks. The fund's major sectors are Technology Services, with 29.20% stocks, and Retail Trade, with 17.87% of the basket. The assets are mostly located in the Asia region.
KTEC top holdings are Tencent Holdings Ltd and Alibaba Group Holding Limited, occupying 9.29% and 9.24% of the portfolio correspondingly.
KTEC last dividends amounted to 0.04 USD. The year before, the issuer paid 0.09 USD in dividends, which shows a 158.32% decrease.
KTEC assets under management is 48.84 M USD. It's risen 6.99% over the last month.
KTEC fund flows account for 38.64 M 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, KTEC pays dividends to its holders with the dividend yield of 0.21%. The last dividend (Dec 18, 2024) amounted to 0.04 USD. The dividends are paid annually.
KTEC shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Jun 9, 2021, and its management style is Passive.
KTEC expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
KTEC follows the Hang Seng Tech Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KTEC invests in stocks.
KTEC price has risen by 3.76% over the last month, and its yearly performance shows a 53.90% increase. See more dynamics on KTEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.06% over the last month, showed a 7.72% increase in three-month performance and has increased by 53.60% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.06% over the last month, showed a 7.72% increase in three-month performance and has increased by 53.60% in a year.
KTEC trades at a premium (0.41%) meaning the ETF is trading at a higher price than the calculated NAV.