KARS Profile
The KraneShares Electric Vehicles and Future Mobility Index ETF is strategically focused on investing in the evolving sectors of electric vehicles (EVs) and future mobility. The fund aims to provide exposure to companies that are at the forefront of the transition towards sustainable transportation and innovative mobility solutions. By investing at least 80% of its net assets, including any borrowings for investment purposes, in securities that comprise its underlying index, the fund ensures alignment with its targeted sector.
The underlying index is specifically designed to reflect the performance of equity securities from companies involved in the production of electric vehicles, their components, and related technologies. This includes firms engaged in the development of battery technologies, charging infrastructure, autonomous driving systems, and other advancements that are poised to revolutionize the future of transportation. The index is curated by the index provider to capture the growth and innovation within these sectors.
In addition to its core investments, the fund may also invest in securities that have economic characteristics similar to those in the underlying index. This approach allows for a broader exposure to companies that are integral to the electric vehicle ecosystem and future mobility trends, including those involved in the research, development, and commercialization of cutting-edge technologies.
By focusing on these dynamic and high-growth sectors, the KraneShares Electric Vehicles and Future Mobility Index ETF offers investors an opportunity to participate in the growth of industries that are expected to drive significant advancements in transportation. The fund's strategy positions it to benefit from the increasing global emphasis on sustainable transportation solutions and technological innovation, while aligning with its investment objective of tracking the performance of the underlying index.
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