NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) — Krane Funds Advisors, LLC (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs) and innovative investment strategies, today announced the launch of two China internet defined outcome ETFs on the New York Stock Exchange (NYSE).
The ETF pair provides exposure to China’s internet sector with varying degrees of added downside protection. The KraneShares 100% KWEB Defined Outcome January 2026 ETF (Ticker: KPRO) aims to match the performance of the KraneShares CSI China Internet ETF (Ticker: KWEB) to a predetermined cap of 22.69%, with 100% downside protection. Meanwhile, the KraneShares 90% KWEB Defined Outcome January 2026 ETF (Ticker: KBUF) aims to match the performance of KWEB to a predetermined cap of 41.20%, with 90% downside protection.
“We are seeing a record valuation disparity between…
