KraneShares Expands Its Internet Suite with the Launch of Emerging Markets Consumer Technology ETF (NYSE: KEMQ)
NEW YORK, Oct., 20 2017 /PRNewswire/ -- Krane Funds Advisors, LLC, ("KraneShares") a U.S. asset management firm known for its China focused KraneShares exchange traded funds (ETFs) and innovative China investment strategies, announced the launch of the KraneShares Emerging Markets Consumer Technology ETF (Ticker: KEMQ) listed on the New York Stock Exchange. KEMQ holds emerging market companies focused on internet software/services, payment processing, and E-Commerce.
"Through our experience investing in China, we saw that the China internet and E-Commerce sector has consistently outperformed the broader China markets1," said Jonathan Krane, Chief Executive Officer of KraneShares. "We believe this trend also holds true across other emerging markets." KraneShares has established a market leadership position by assets under management in the China Internet sector through the KraneShares CSI China Internet ETF (Ticker : KWEB), which launched in July 2013.
According to a seminal study from the The Organization for Economic Co-operation and Development (OECD), emerging market middle class consumption could reach 52% of total global consumption by the year 2030. With internet adoption growing by an average 25% a year across the emerging markets2, and EM smartphone ownership per capita nearing 50%3, KraneShares believes the majority of this consumption could take place online.
KEMQ holds companies like Brazilian electronic payment processor Cielo4, Argentinian E-Commerce platform MercadoLibre5, South Korea's social media giant Naver6, Russian web portal Mail.ru7, and China internet leaders like Alibaba8 and Tencent9.
"Emerging market internet companies are increasingly driving global innovation in areas like, artificial intelligence, self-driving cars, internet-of-things, drone delivery, and cloud computing," said Brendan Ahern, Chief Investment Officer of KraneShares. "For investors looking to diversify their technology allocation, we believe that KEMQ holds many attractive emerging market internet and E-Commerce companies."
KraneShares will broadcast a live webinar on Wednesday November 1st at 11:00am EST. The webinar will cover Singles Day- China's largest online shopping holiday, and the KraneShares Emerging Markets Consumer Technology ETF (Ticker: KEMQ). Click here to register for the webinar.
About Krane Funds Advisors, LLC
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. Our suite of China focused ETFs provides investors with solutions to capture China's importance as an essential element of a well-designed investment portfolio. We strive to provide innovative, first to market strategies that have been developed based on our strong partnerships and our deep knowledge of investing. We help investors stay up to date on global market trends and aim to provide meaningful diversification. Krane Funds Advisors, LLC is majority owned by China International Capital Corporation (CICC).
For more information please visit: www.kraneshares.com
Diversification does not ensure a profit or guarantee against a loss.
Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' full and summary prospectus, which may be obtained by visiting www.kraneshares.com. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. The Funds are subject to political, social or economic instability within China which may cause decline in value. Fluctuations in currency of foreign countries may have an adverse effect to domestic currency values. Emerging markets involve heightened risk related to the same factors as well as increase volatility and lower trading volume.
Narrowly focused investments typically exhibit higher volatility. The ability of the KraneShares Emerging Markets Consumer Technology Index ETF to achieve its investment objective is dependent, in part, on the continuous availability of A Shares and the ability to obtain, if necessary, additional A Shares quota. The fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund's gains or losses. The Fund may engage in securities lending. The Fund is non-diversified.
Although the information provided in this document has been obtained from sources which Krane Funds Advisors, LLC believes to be reliable, it does not guarantee accuracy of such information and such information may be incomplete or condensed.
The KraneShares ETFs are distributed by SEI Investments Distribution Company (SIDCO), which is not affiliated with Krane Funds Advisors, LLC, the Investment Adviser for the Fund.
- Data from Bloomberg as of 9/30/2017
- Data from internet live stats as of 9/30/2017
- JACOB POUSHTER "Smartphone Ownership and Internet Usage Continues to Climb in Emerging Economies" Pew Research Center. 02/22/2016
- Cielo was 3.30% of KEMQ net assets as of 10/19/2017
- MercadoLibre was 1.92% of KEMQ net assets as of 10/19/2017
- Naver was 3.94% of KEMQ net assets as of 10/19/2017
- Mail.ru was 2.57% of KEMQ net assets as of 10/19/2017
- Alibaba was 3.30% of KEMQ and 9.94% of KWEB net assets as of 10/19/2017
- Tencent was 3.60% of KEMQ and 10.71% of KWEB net assets as of 10/19/2017
SOURCE Krane Funds Advisors, LLC
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