KLIP Kraneshares China Internet & Covered Call Strategy ETF
What is KLIP?
KLIP is a fund-of-fund that tracks an index of China-based internet stocks and sells one-month, at-the-money call options on the full amount of the portfolio.
KLIP Factset Analytics Insight
KLIP is a fund-of-fund that aims to provide some growth and a little yield from an index of China-based internet and internet-related stocks sectors. The fund utilizes a covered call strategy, it holds ETF shares of the reference index and writes one-month, at-the-money FLEX call options on the full portfolio value. The call options sold by the fund are European-style, meaning the options can only be exercised at the expiration date each month. The fund’s strategy should reduce volatility and help generate some income, compared to the reference index, but it may also cause a drag on the overall upside potential. Should the index rally, the fund is expected to underperform.
KLIP Portfolio Data
KLIP Index Data
KLIP Portfolio Management
KLIP Tax Exposures
KLIP Fund Structure
KLIP Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KLIP. KLIP is rated a N/A out of 5.
KLIP Sector/Industry Breakdown
KLIP Top 10 Holdings
KLIP Performance Statistics
KLIP Benchmark Comparison Summary
KLIP Benchmark Comparison Market Cap Size