Key stats
About KraneShares 100% KWEB Defined Outcome January 2027 ETF
Home page
Inception date
Feb 8, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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.
KPRO utilizes a defined outcome strategy on the KraneShares CSI China Internet ETF (KWEB). It aims to provide long exposure to China internet stocks, up to a cap, while fully hedging downside risk over a two-year period. The fund primarily invests in KWEB and options, including FLEX options, that reference the underlying ETF. In exchange for preventing the realization of 100% of KWEB's losses, investors forego upside participation above a certain threshold. The upside cap and downside buffer reset every other year, in January. The specific defined outcome pursued may only be possible if an investor were to hold the shares for the entire outcome period. However, there is no guarantee the defined outcome of the strategy pursued will be realized by investors. The issuer publishes effective interim levels daily on its website. The targeted buffers and caps do not include the fund's expense ratio. For comparative purposes, KPRO investors need to double the stated expense ratio of the fund. Following January 24, 2025, KPRO has reset its outcome period and extended it to 2027.
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
ETF
Bonds, Cash & Other100.00%
ETF109.24%
Cash0.11%
Rights & Warrants−9.36%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
KPRO assets under management is 2.83 M USD. It's risen 0.62% over the last month.
KPRO fund flows account for −433.01 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, KPRO pays dividends to its holders with the dividend yield of 3.52%. The last dividend (Dec 31, 2024) amounted to 1.00 USD. The dividends are paid annually.
KPRO shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Feb 8, 2024, and its management style is Active.
KPRO expense ratio is 0.98% meaning you'd have to pay 0.98% of your investment to help manage the fund.
KPRO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
KPRO invests in funds.
KPRO price has risen by 0.86% over the last month, and its yearly performance shows a 8.16% increase. See more dynamics on KPRO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.54% over the last month, showed a 0.96% increase in three-month performance and has increased by 5.59% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.54% over the last month, showed a 0.96% increase in three-month performance and has increased by 5.59% in a year.
KPRO trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.