KSTR Profile
The
KSTR ETF, or the KS SSE Star Market 50 Index ETF, is an
exchange-traded fund that seeks to track the performance of the SSE
Star Market 50 Index. The index is designed to measure the performance
of the 50 largest and most liquid companies listed on the Shanghai
Stock Exchange (SSE) STAR Market, which is China's Nasdaq-style
high-tech board.
As of the most recent report, the fund had
total assets under management of approximately $52 million and an
expense ratio of 0.60%. The fund's top holdings included companies
such as Semiconductor Manufacturing International, Contemporary
Amperex Technology, and Ping An Healthcare and Technology, among
others. The fund has a concentrated portfolio, with its top 10
holdings representing approximately 54% of the total portfolio.
In terms of performance, the KSTR ETF has had mixed performance
since its inception in August 2020. As of the end of 2021, the fund
had a year-to-date return of approximately -1.8%, a one-year return of
approximately 0.9%, and a since-inception return of approximately
14.2%. It's important to note that the performance of the fund can be
influenced by various factors, including changes in the Chinese stock
markets, regulatory developments, and macroeconomic factors.
Overall, the KSTR ETF offers investors exposure to the SSE STAR
Market, which is a high-growth segment of the Chinese stock markets
that focuses on innovative and technology-oriented companies. However,
investors should be aware of the risks associated with investing in
Chinese companies, which include regulatory risk, currency risk, and
geopolitical risk. Additionally, the fund's concentrated portfolio may
make it more volatile compared to more divers
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