Krane Shares China Credit Index ETF

Frequently Asked Questions About KBND

What does KBND invest in?

The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in instruments in its underlying index or in instruments that have economic characteristics similar to those in the underlying index. The underlying index seeks to measure the performance of Chinese onshore renminbi ("RMB")-denominated fixed income securities ("RMB Bonds") issued into the China Interbank Bond Market. It is non-diversified.

What is the expense ratio of KBND?

Krane Shares China Credit Index ETF (KBND) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KBND?

Krane Shares China Credit Index ETF (KBND) manages $3.1M 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 KBND actively managed or an index fund?

KBND's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was KBND launched?

Krane Shares China Credit Index ETF (KBND) launched in December 2014 and is managed by the fund issuer.

How has KBND performed?

KBND'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.