KraneShares Bosera MSCI China A 50 Connect Index ETF

Frequently Asked Questions About KBA

What does KBA invest in?

KBA is passively managed to provide US-listed physical A-share exposure that excludes small-caps. By definition, A-share ETFs hold stocks listed in Shanghai or Shenzhen. The parent index is a broad portfolio of large- and mid-cap, RMB-denominated A-shares that are weighted by market capitalization. Two of the largest stocks from each GICS sector are included in the index and the remaining stocks are selected by market capitalization until total security count reaches 50. Holdings are weighted based on their market-cap weights in the parent index, with sector weights adjusted to mirror that of the parent index. The index is rebalanced on a quarterly basis. Prior to December 26, 2017, KBA tracked an A-shares index without the MSCI EM inclusion constraint (MSCI China A International Index). On January 5, 2022, the fund started tracking a new index, which adds GICS sector diversification to its previously tracked MSCI China A Index.

What is the expense ratio of KBA?

KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KBA?

KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) manages $151.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is KBA actively managed or an index fund?

KBA is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (KBA's is 0.79%) because there's no security selection cost.

When was KBA launched?

KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) launched in March 2014 and is managed by KraneShares.

How has KBA performed?

KBA's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.