KraneShares Brings China Clean Tech ETF To Market

An Article 8 fund, the KraneShares MSCI China Clean Technology Index UCITS ETF (KRGN) tracks the MSCI China IMI Environment 10/40 index and has listed on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra.

To qualify for the index, a company must derive at least 50% of its revenue from "environmentally beneficial products and services".

ESG investing in emerging markets faces major hurdles despite vital importance

The fund invests across themes of alternative energy, sustainable water, pollution prevention and energy efficiency.

Among the holdings are lithium-ion battery manufacturer Contemporary Amperex Technology, electric vehicle makers NIO, XPeng, BYD and Li Auto and solar panel manufacturer Xinyi Solar Holdings.

KRGN is available for a total operating expense of 0.78%.

Jonathan Krane, chief executive of KraneShares, said: "We believe China is currently undergoing an environmental renaissance, pledging hundreds of billions of dollars to environmental protection projects and policies.

"Chinese companies focused on contributing to a more environmentally sustainable economy may potentially benefit from this focused initiative." 

ESG scores decline globally for second year in a row

KraneShares head of international Xioalin Chen added: "KGRN presents a compelling investment opportunity for those seeking to gain exposure to industries that are not only experiencing rapid growth, but are also actively addressing environmental challenges.

"By investing in China's clean technology companies at the forefront of sustainable innovation, KGRN provides the potential to generate strong returns while aligning with investors' values."

RECENT NEWS

What Advisers Misunderstand About Protection

Protection is rarely rejected outright. More often, it is misunderstood. Most advisers recognise th... Read more

Gyrostat Market Outlook: Looking Beyond The 30-day Volatility Headlines

This outlook examines how financial markets are pricing risk rather than attempting to forecast market... Read more

Gyrostat Capital Management: The Hidden Assumption In Most Portfolios - Stability

Markets do not usually fail portfolios. Assumptions do. Most portfolios are built with car... Read more

Gyrostat February Outlook: Stewardship As Risk Reprices

This monthly outlook examines how financial markets are pricing risk, rather than attempting to forecast ... Read more

Gyrostat Capital Management: Why Risk Management Is Not About Predicting Risk

Why Risk Management is Not About Predicting Risk Financial markets reward confidence, but they punish certai... Read more

Gyrostat January Outlook: Calm At Multiyear Extremes

This monthly Gyrostat Risk-Managed Market Outlook does not attempt to forecast market direction. Its p... Read more