KHYBKraneShares Asia Pacific High Income USD Bond ETF

Grow my money7y track recordRanked #2,285 of 2,960 in this goal

Seeks to provide a total return that exceeds that of the JP Morgan Asia Credit Index (JACI) Non-Investment Grade Corporate Index.

By KraneShares · Launched 2018

Annual Cost

0.69%

#3,463 of 5,562 · average

Fund Size

$16M

#4,505 of 5,562 · small

Return (1Y)Goal

+10.1%

Track Record

7 years

#1,763 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,005+10.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

Asia pacific

Strategy

Active selection

Index tracked

JP Morgan Asia Credit Index (JACI) Non-Investment Grade Corporate Index

What it actually holds

By weight

Concentration

Top 10 holdings = 23.1% of fund✓ well diversified

Wynn Macau, Limited

2.6%

MANAPPURAM FINANCE LIMITED

2.4%

MUTHOOT FINANCE LIMITED

2.4%

Studio City Finance Limited

2.3%

KRUNG THAI BANK PUBLIC COMPANY LIMITED

2.3%

Fortune Star (BVI) Limited

2.3%

India Clean Energy Holdings

2.3%

MEDCO CYPRESS TREE PTE. LTD.

2.2%

STANDARD CHARTERED PLC

2.2%

N/A

2.2%

Asset allocation

Bonds

90.1%

Cash

6.3%

Convertible

3.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.4%Low

Year-on-year price swings

Max drawdown

-33.0%Severe

Worst peak-to-trough loss

Sharpe (3Y)

1.09Strong risk-adjusted returns

Sortino (3Y)

1.51Good downside protection

Bond profile

Duration

7.3 years

Credit ratings

US Government

6.7%

3.2%

BBB

3.5%

60.1%

24.3%

Below B

7.2%

Other

1.7%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide a total return that exceeds that of the JP Morgan Asia Credit Index (JACI) Non-Investment Grade Corporate Index.
Strategy: Invests primarily in fixed income securities of issuers in the Asia-Pacific region, focusing on U.S. dollar-denominated securities. Targets high income producing instruments, primarily below investment grade. The Sub-Adviser uses macro and credit research to construct the portfolio, monitoring securities to ensure the investment thesis remains valid. The Fund may invest significantly in the real estate sector and engage in derivatives for hedging and investment purposes.
Inception date: June 26, 2018
Fund family: KraneShares