NEW YORK, September 15, 2022 /PRNewswire/ — Krane Funds Advisors, LLC (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs) and innovative investment strategies, announced the launch of the KraneShares S&P Pan Asia Dividend Aristocrats ETF (Ticker : KDIV) on the New York Stock Exchange today.
KDIV tracks the S&P Pan Asia Dividend Aristocrats Index, which provides exposure to companies China, Japan, Australia, and other Asian countries that have paid and increased their dividends for an extended period of time. Research from S&P Dow Jones Indices has shown that dividend-paying companies have outperformed their respective broad market indices on a risk-adjusted basis over the long term1. KDIV offers investors access to the S&P Dividend Aristocrats methodology applied to the Pan-Asia region, one of the fastest growing regions in the world. The International Monetary Fund forecasts gross domestic product (GDP) growth for the region of 4.9% in 2022 and 5.1% in 20232.
“KDIV is a contemporary extension of KraneShares’ China and global ETF suite that includes the $6.7 billion KraneShares CSI China Internet ETF (KWEB)3. KDIV is also the first US-listed ETF to apply the S&P Dividend Aristocrats methodology to the Pan-Asian region4,” said Jonathan Krane, Chief Executive Officer at KraneShares. “We are pleased to offer KDIV as a compelling addition to our global ETF suite.”
“KDIV gives investors access to S&P’s well-loved Dividend Aristocrats® Index series tracked by billions of dollars in ETF assets5. KDIV applies this methodology to the Panasia region, an area we are particularly focused on at KraneShares,” said Brendan Ahern, Chief Investment Officer of KraneShares. “As markets remain volatile in 2022, we believe dividend growth companies could continue to outperform the broader market. Incorporating dividend growth targets into an investment portfolio can result in lower volatility, increased dividend reinvestment growth, and reduced drawdown in declining markets.”
“We are pleased that KraneShares has selected our S&P Pan Asia Dividend Aristocrats Index as the underlying benchmark for its exchange-traded fund,” he said Pavel Vaynshtok, Head of Strategy Indices at S&P Dow Jones Indices (S&P DJI). “The Pan Asia Index represents an important member of the Dividend Aristocrats® Index Series, helping investors and fund managers track companies that have consistently increased annual dividend payments around the world.”
For more information on the KraneShares S&P Pan Asia Dividend Aristocrats ETF (Ticker: KDIV), please contact your financial advisor or visit kraneshares.com/kdiv.
About Krane Funds Advisors, LLC
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs. KraneShares is a premier platform for developing differentiated, high-conviction investment strategies for global investors. KraneShares strives to provide innovative first-to-market strategies based on strong partnerships and deep investment knowledge. Since 2013, KraneShares has grown into one of the largest China ETF providers. This focus continues with global product launches and a constant stream of China-focused research.
KraneShares continues to offer investors new avenues to access markets, as has been the case with China. In recent years, the company has launched the first ETFs that provide exposure to carbon markets through futures contracts. KraneShares is one of the largest global providers of carbon/climate ETFs today. KraneShares helps investors stay abreast of global market trends and provides funds that offer meaningful diversification.
Krane Funds Advisors, LLC is a signatory to the United Nations-supported Principles for Responsible Investment (UN PRI). The company is majority-owned by China International Capital Corporation (CICC). Quotes:
Carefully consider the fund’s investment objectives, risk factors, charges and expenses before investing. This and other information can be found in the Fund’s full and summary prospectus, which is available at www.kraneshares.com. Read the prospectus carefully before investing.
Investing involves risk, including a possible loss of capital. There can be no assurance that any Fund will achieve its stated objectives. Indexes are unmanaged and do not include the impact of fees. You cannot invest directly in an index.
This information should not be construed as research, investment advice or a recommendation regarding any product, strategy or, in particular, any security. This material is for illustrative, educational or informational purposes only and is subject to change. Certain content constitutes an assessment of the market environment at a particular point in time and is not intended as a forecast of future events or as a guarantee of future results; Status of the data given and can be changed without prior notice.
The Fund is subject to the legal, regulatory, political and economic instability associated with investing in Asia Pacific countries incl China and Japan which can lead to depreciation. Japan has also experienced natural disasters of varying severity that could adversely affect the Fund. Emerging markets involve increased risk related to the same factors, as well as increased volatility and reduced trading volume. Fluctuations in the currency of foreign countries may adversely affect the value of the local currency.
Narrowly focused investments typically exhibit higher volatility. The Fund’s assets are expected to be concentrated in a sector, industry, market or group of concentrations where the Underlying Index exhibits such concentrations. The securities or futures in this concentration could react similarly to market developments. As a result, the Fund is subject to losses due to adverse events affecting this concentration. The fund is not diversified.
The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. A derivative (ie futures/forward contracts, swaps and options) is a contract that derives its value from the performance of an underlying asset. The main risk of derivatives is that changes in the market value of the asset and the derivative may not be proportionate and some derivatives may have the potential for unlimited losses. Derivatives are also subject to liquidity and counterparty risk. The Fund is subject to liquidity risk, which means it may become difficult to buy or sell certain investments at a reasonable time and price. If a transaction for these securities is large, it may not be able to initiate, which could result in losses to the Fund. Counterparty risk is the risk of loss if the counterparty to an agreement fails to make the required payments or otherwise fails to comply with the terms of the derivative.
In addition to the normal investment risks, investments in smaller companies tend to have higher volatility. The fund is new and does not yet have a significant number of shares outstanding. Unless the fund grows in size, its shares are at greater risk than larger funds from wider bid-ask spreads, trading at a higher premium or discount to NAV, liquidation and/or halting trading.
ETF Shares are bought and sold on an exchange at market price (not NAV) and are not individually redeemed by the Fund. However, Shares may be redeemed at NAV directly from certain Authorized Broker Dealers (Authorized Participants) in very large issue/redemption units. The returns shown do not represent the returns you would receive trading stocks at other times. Shares may be traded on the secondary market at a premium or discount to their NAV. Broker commissions reduce returns. As of 12/23/2020, market price returns are based on an ETF stock’s official closing price or, if the official closing price is not available, the midpoint between the national best bid price and the national best price (“NBBO”) at the time the ETF closed current NAV per share. Prior to this date, market price returns were based on the midpoint between the bid and ask prices. NAVs are calculated using as-of-date prices 4:00 p.m. Eastern Time.
The KraneShares ETFs, KFA Funds ETFs and KraneShares Mutual Funds are distributed by SEI Investments Distribution Company (SIDCO), 1 Freedom Valley Drive, Oaks, PA [19456dienichtmitKraneFundsAdvisorsLLCdemAnlageberaterdesFondsverbundenist
Der S&P Pan Asia Dividend Aristocrats Index ist ein Produkt von S&P Dow Jones Indices LLC oder seinen verbundenen Unternehmen („SPDJI“) und wurde zur Verwendung durch Krane Funds Advisors, LLC („KraneShares“) lizenziert. S&P®„S&P500® und „Dividenden-Aristokraten®” sind eingetragene Warenzeichen von Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® ist eine eingetragene Marke von Dow Jones Trademark Holdings LLC („Dow Jones“) und wurde zur Verwendung durch S&P Dow Jones Indices lizenziert; und diese Marken wurden zur Verwendung durch SPDJI lizenziert und für bestimmte Zwecke von KraneShares unterlizenziert. KraneShares S&P Pan Asia Dividend Aristocrats ETF wird nicht von SPDJI, Dow Jones, S&P oder ihren jeweiligen verbundenen Unternehmen gesponsert, unterstützt, verkauft oder beworben, und keine dieser Parteien macht eine Zusicherung hinsichtlich der Ratsamkeit einer Anlage in solche(n) Produkt(e), noch tun sie dies übernehmen keine Haftung für Fehler, Auslassungen oder Unterbrechungen des S&P Pan Asia Dividend Aristocrats Index.
1 “S&P500® Dividend Aristocrats®: The Importance of Stable Dividend Income”, S&P Dow Jones Indices, September 23, 2021.
2 “The Case for Dividend Aristocrats in Pan Asia”, S&P Dow Jones Indices, August 29, 2022. Gross Domestic Product (GDP) is a monetary measure of the market value of all final goods and services produced by a country in a given period of time.
3 Data from KraneShares per 08/31/2022
4 Data from Bloomberg as of 08/31/2022
5 Data from Bloomberg as of 08/31/2022
SOURCE Cranes Funds Advisors, LLC