Krane Funds Advisors is accepting indications of interest for the KraneShares Bosera MSCI China A Share ETF.
KBA’s prospectus is effective and the ETF will soon launch on the New York Stock Exchange.
KraneShares is the first US owned company partnered with a China based fund manager, Bosera Asset Management, to receive investment quota from China’s State Administration of Foreign Exchange (SAFE), for an RQFII ETF in the US.
KraneShares Bosera MSCI China A Share ETF will provide investors unprecedented direct access to China A share securities listed on the Shanghai and Shenzhen Stock Exchanges. This new ETF is a collaboration between Bosera, one of China’s largest asset managers (USD32bn in client assets), KraneShares and MSCI, the gold standard of index providers globally. MSCI has approximately USD7.5 trillion benchmarked to its indices and 95 per cent of US pension fund assets invested in international equity are benchmarked to MSCI.
“KraneShares Bosera MSCI China A Share ETF will be one of the first funds to provide investors with direct access to China’s A share equity market. Stocks listed on the Shanghai and Shenzhen Stock Exchanges have never before been available directly through an ETF structure in North America. We believe many of these companies are truly the engines of China’s remarkable economic growth,” says Brendan Ahern, managing director of KraneShares. “We have aligned ourselves with exceptional partners to bring this ETF to investors. Bosera Asset Management is one of China’s leading asset management firms and is our co-advisor. MSCI is the premier provider of global index products. We believe the MSCI China A Index, which includes over 460 stocks across large and mid-cap market capitalisations, best represents the breadth and scale of the Mainland Chinese markets. It is our view that this basket of stocks presents a balanced, accurate reflection of China’s diversified and dynamic economy.”
KraneShares will be conducting an institutional roadshow to present the key characteristics of the KraneShares Bosera MSCI China A Share ETF and to discuss the important implications of inclusion of MSCI China A in an Emerging Markets or Global Index portfolio.
