KraneShares 90% KWEB Defined Outcome January 2027 ETF

Frequently Asked Questions About KBUF

What does KBUF invest in?

Under typical market conditions, the fund commits a significant portion—at least 80%—of its overall assets (including any capital secured through borrowing for investment) to investments in the KraneShares CSI China Internet ETF, which is referred to as the “Underlying ETF.” Its strategy also involves various options, notably FLexible EXchange Options (“FLEX options”), all of which are linked to the performance of this Underlying ETF. It's important to understand that this fund operates as a non-diversified investment.

What is the expense ratio of KBUF?

KraneShares 90% KWEB Defined Outcome January 2027 ETF (KBUF) charges an expense ratio of 1.01%. This is the annual fee deducted from fund assets to cover management and operations.

How big is KBUF?

KraneShares 90% KWEB Defined Outcome January 2027 ETF (KBUF) manages $6.7M 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 KBUF actively managed or an index fund?

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

When was KBUF launched?

KraneShares 90% KWEB Defined Outcome January 2027 ETF (KBUF) launched in February 2024 and is managed by KraneShares.

How has KBUF performed?

KBUF'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.