KraneShares SSE STAR Market 50 Index UCITS ETF (KSTR)

Overview

The fund described focuses on investment primarily in the stock market, specifically targeting the technology sector. It commits at least 80% of its net assets, including borrowings intended for investment purposes, to securities listed in its underlying index or in instruments that display similar economic characteristics. The fund's underlying index consists of the top 50 companies by free-float market capitalization on the SSE Science and Technology Innovation Board (the "STAR Board"), which is a segment of the Shanghai Stock Exchange. Given its focused investment strategy, it is categorized as non-diversified, which typically implies higher risk and potentially higher rewards when compared to diversified funds.

Products and Services

Listed below are the primary investment focuses of the fund:

• Underlying Index Investments

  The fund invests a significant portion of its assets in the instruments that are either part of its underlying index or possess economic characteristics similar to those of the underlying instruments. This underlying index comprises the stocks of the top 50 companies based on free-float market capitalization listed on the SSE Science and Technology Innovation Board. This strategy is aimed at mirroring or closely replicating the performance of the STAR Board's top constituents.

• Non-diversified Portfolio

  As a non-diversified fund, it may invest more heavily in a smaller number of securities or sectors, particularly in the technology sector. While this approach can lead to higher volatility and risk, it also offers the potential for significant returns, especially if the technology sector or specific investments perform well.