The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
The KraneShares China Alpha Index ETF (KCAI) is designed to generate returns that surpass the CSI 300 Index. It achieves this by employing an advanced quantitative methodology, augmented by artificial intelligence, for its rigorous security selection and portfolio weighting process. The fund's investment universe originates from the CSI 300 China A-Shares, specifically excluding any companies currently under U.S. sanctions. Potential holdings are meticulously screened using a diverse set of criteria, including historical pricing data, fundamental financial indicators, prevailing market trends, complex mathematical parameters, market capitalization, and sector classification, among other relevant data points. A sophisticated algorithm then optimizes the portfolio's constituents and their respective weightings to enhance the probability of achieving total returns superior to the benchmark. KCAI primarily invests in a maximum of 50 China A-Shares, with each individual holding capped at 5% of the total assets, facilitated through the Stock Connect Programs. To further diversify or manage risk, up to 20% of the fund's assets may be allocated to other equity investments not present in the underlying index, various derivatives, shares of other investment companies or ETFs, or cash and cash equivalents. The ETF also retains the flexibility to engage in securities lending. Its underlying index is subject to monthly reconstitution and rebalancing, ensuring regular adjustments to the portfolio.
What is KraneShares China Alpha Index stock price today?▼
The current price of KCAI is $15.04 USD — it has increased by +0.27% in the past 24 hours. Watch KraneShares China Alpha Index stock price performance more closely on the chart.
What is KraneShares China Alpha Index stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on ARCX exchange KraneShares China Alpha Index stocks are traded under the ticker KCAI.
Is KraneShares China Alpha Index stock price growing?▼
KCAI stock has risen by +0% compared to the previous week, the month change is a -53.54% fall, over the last year KraneShares China Alpha Index has showed a -61.17% decrease.
Does KraneShares China Alpha Index pay dividends?▼
Yes, KCAI dividends are paid semi-annual. The last dividend per share was 17.13 . As of today, Dividend Yield (FWD)% is 71.79%.
In which sector is KraneShares China Alpha Index located?▼
KraneShares China Alpha Index operates in the Finance & Payments sector.
When did KraneShares China Alpha Index complete a stock split?▼
KraneShares China Alpha Index has not had any recent stock splits.
Where is KraneShares China Alpha Index headquartered?▼
KraneShares China Alpha Index is headquartered in New York, United States.