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About KraneShares MSCI One Belt One Road Index ETF
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Inception date
Sep 7, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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.
ISIN
US5007678684
OBOR targets companies likely to benefit from China`s One Belt, One Road initiative, which is a framework adopted by the Chinese government to emphasize cooperation and connection between China and other Eurasian countries. More specifically, the fund`s underlying index targets companies that stand to profit from China`s infrastructure spending. The portfolio allocates 45% of its weight to Chinese companies and 55% to non-Chinese companies. Within each category, individual constituents are market-cap weighted, with individual countries (other than China) capped at 10%.
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
Non-Energy Minerals
Finance
Utilities
Process Industries
Stocks99.88%
Non-Energy Minerals22.10%
Finance22.04%
Utilities15.78%
Process Industries10.75%
Transportation7.88%
Producer Manufacturing7.48%
Energy Minerals6.63%
Industrial Services4.34%
Electronic Technology1.80%
Distribution Services0.59%
Consumer Non-Durables0.49%
Bonds, Cash & Other0.12%
Cash0.12%
Stock breakdown by region
Asia71.22%
Middle East13.16%
Africa11.38%
Europe4.23%
North America0.00%
Latin America0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
OBOR invests in stocks. The fund's major sectors are Non-Energy Minerals, with 22.10% stocks, and Finance, with 22.04% of the basket. The assets are mostly located in the Asia region.
OBOR top holdings are Kuwait Finance House K.S.C. and Oversea-Chinese Banking Corporation Limited, occupying 9.66% and 6.60% of the portfolio correspondingly.
OBOR last dividends amounted to 0.82 USD. The year before, the issuer paid 0.69 USD in dividends, which shows a 15.82% increase.
OBOR assets under management is 3.75 M USD. It's risen 2.19% over the last month.
OBOR fund flows account for 1.23 K 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, OBOR pays dividends to its holders with the dividend yield of 3.28%. The last dividend (Dec 18, 2024) amounted to 0.82 USD. The dividends are paid annually.
OBOR shares are issued by China International Capital Corp. Ltd. under the brand KraneShares. The ETF was launched on Sep 7, 2017, and its management style is Passive.
OBOR expense ratio is 0.79% meaning you'd have to pay 0.79% of your investment to help manage the fund.
OBOR follows the MSCI Global China Infrastructure Exposure. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
OBOR invests in stocks.
OBOR price has risen by 1.62% over the last month, and its yearly performance shows a 13.90% increase. See more dynamics on OBOR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.34% over the last month, showed a 9.14% increase in three-month performance and has increased by 19.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.34% over the last month, showed a 9.14% increase in three-month performance and has increased by 19.45% in a year.
OBOR trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.