KraneShares MSCI One Belt One Road Index ETF (OBOR)
ARCA ARCA Primary Summary
OBOR Chart
A China ETF to Watch as China's Central Bank Makes Key Move
The People's Bank of China (PBOC) appears on the precipice of making another cut to the “reserve requirement ratio” (RRR). Such a cut may boost the mainland economy, allowing banks to loan a bit more without keeping as much in reserve.
Play China Infrastructure Spending With EM Equities ETF OBOR
While China's economy continues to face some big picture headwinds, the country's infrastructure spending remains a big player in the global economy. Regionally, in particular, its government's One Belt One Road initiative looks to connect China overland to key areas including South and Southeast Asia, the Middle East, and Eastern Europe.
KraneShares MSCI One Belt One Road Index ETF (OBOR) FAQ
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KraneShares MSCI One Belt One Road Index ETF Profile
| ARCA Exchange | US Country |
Overview
This fund focuses on investing a significant portion of its assets into financial instruments that are either part of its specified underlying index or bear economic characteristics closely aligned with those in the index. The central investment theme of the fund revolves around companies that have substantial revenue exposure to the Chinese government's ambitious "One Belt, One Road" initiative. This initiative aims at enhancing regional connectivity and embracing a brighter economic future through significant infrastructure building and investments across the designated One Belt, One Road countries. The provider of the underlying index meticulously selects these companies based on their contribution and exposure to this sprawling infrastructure project, thereby offering an investment avenue that mirrors the growth and development opportunities stemming from China's geopolitical and economic strategy.
Products and Services
- Investment in Underlying Index Instruments
The fund dedicates at least 80% of its net assets, in addition to any borrowing for investment purposes, to instruments that are either part of its underlying index or share similar economic characteristics. This strategic allocation is aimed at capturing the equity market performance of companies deeply involved with the "One Belt, One Road" initiative. These investments typically encompass a variety of financial instruments, including but not limited to stocks, bonds, and derivatives of companies listed in the index, which are identified for their significant roles in this initiative.
- Investment in Similar Economic Characteristics Instruments
Instruments that might not directly fall into the underlying index but exhibit economic characteristics similar to those in the index are also targeted for investments. This includes companies that, while not listed in the index, engage in activities or projects aligned with the goals of the "One Belt, One Road" initiative such as infrastructure, trade facilitation, and regional cooperation. The fund's management team critically assesses potential investments to ensure they meet the criteria of having strong ties to the initiative, thereby diversifying the investment portfolio beyond the confines of the index itself.
