KBND KraneShares Bloomberg China Bond Inclusion Index ETF
What is KBND?
KBND passively invests in Chinese RMB-denominated fixed income securities, and fixed allocations to various sectors.
KBND Factset Analytics Insight
KBND tracks an index of Chinese RMB-denominated fixed income securities traded in China's interbank market. The fund selects eligible securities by using a market-value filter, and weights them so that, at each monthly rebalance, components are grouped by issuer and allocated a predetermined portion of the fund. RMB bonds from the People’s Republic of China would represent around 25% of the fund, another 25% for RMB bonds issued by China’s policy banks, and 50% for RMB bonds from corporations or other government-related entities, all capped at 4.5% per individual issuer. Bonds from corporations or other government-related entities must be rated BBB-/Baa3 or higher to be included in the fund. KBND does not target a specific maturity for its constituents. Prior to June 4, 2021, this fund was named KraneShares E Fund China Commercial Paper ETF, with ticker KCNY, and tracked the CSI Diversified High Grade Commercial Paper Index.
KBND Portfolio Data
KBND Index Data
KBND Portfolio Management
KBND Tax Exposures
KBND Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KBND. KBND is rated a N/A out of 5.
KBND Sector/Industry Breakdown