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Krane Funds Advisors launches China Five-Year Plan ETF


Krane Funds Advisors, a provider of China-focused exchange-traded funds, has launched the KraneShares CSI China Five-Year Plan ETF on the New York Stock Exchange, a new ETF that provides exposure to the focus industries highlighted in China’s 12th Five Year Plan.

KraneShares CSI China Five-Year Plan ETF offers a unique strategy for gaining exposure to China. Every five years China announces its fiscal and domestic spending plan for targeted growth industries. The fund’s underlying index, the CSI Overseas China Five-Year Plan Index, focuses on companies in the targeted sectors of China’s 12th Five-Year Plan, including technology, domestic consumption, clean energy, industrial and healthcare. In contrast, other China benchmarks tend to be dominated by financial, energy, and telecom sectors and by large, state-owned enterprises.
“Many US investors have little or no exposure to China, the second largest economy in the world. When they do invest in China directly or through broad emerging market exposure, many investment strategies provide a narrower representation of the Chinese economy due to their heavy weights in financials and energy. The KraneShares CSI China Five-Year Plan ETF provides investors with an opportunity to align themselves directly with China’s current domestic investment initiatives. We endeavour to deliver compelling Chinese investment opportunities to the US marketplace,” says Brendan Ahern, managing director of KraneShares. “We are proud to partner with China Securities Index Co. of Shanghai, as the index provider for this ETF."
“We believe the China markets offer an excellent opportunity for US investors’ portfolios,” says Dr Zhigang Ma, general manager of China Securities Index Co. “The Five-Year Plan is China’s most important document and governs the direction of 1.3 billion people. We are delighted to partner with KraneShares and NYSE on delivering the KraneShares CSI China Five-Year Plan ETF to US investors.” 

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