KLIP Kraneshares China Internet & Covered Call Strategy ETF

*Unless otherwise stated, data provided by FactSet.

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.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
KLIP -- -- -- -- -- -- --
KLIP (NAV) -- -- -- -- -- -- --
CSI Overseas China Internet Index 15.97% 63.05% 13.80% -9.02% -10.95% -9.39% 8.50%
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

KLIP Summary Data

CICC
KraneShares
01/12/23
Open-Ended Fund
0.95%
$2.47M
$123.93K
0.54%
N/A

KLIP Portfolio Data

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KLIP Index Data

Fixed
Fixed
N/A

KLIP Portfolio Management

0.95%
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KLIP Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

KLIP Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
Daily

KLIP Factset Analytics Block Liquidity

As of 01/23/23
5
4
3
2
1

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 Tradability

5,028
$123.93K
3,724
$92.11K
0.54%
$0.13
0.16%
0.27% / 0.02%
N/A
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25,000
0.15
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0
$24.81
N/A

KLIP Sector/Industry Breakdown


KLIP
Segment Benchmark
101.67%
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-1.67%
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KLIP Top 10 Holdings

5.89%
-4.46%
100.00%

KLIP Performance Statistics

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N/A

KLIP Benchmark Comparison Holdings

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KLIP Benchmark Comparison Summary


KLIP
Segment Benchmark
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KLIP Benchmark Comparison Market Cap Size


KLIP
Segment Benchmark
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