Tencent Holdings is KWEB’s largest component with a weight of 9.5%. Other top-10 holdings include Netease (NasdaqGM: NTES), Ctrip.com (NasdaqGM: CTRP) and Sina (NasdaqGM: SINA). KWEB does not hold shares of Bitauto Holdings (NYSE: BITA), the Chinese provider of Internet content and marketing services for the automotive industry. That stock is up 340% in the past year.
KWEB has surged 29% since its August 2013 debut. The fund has $32.6 million in assets under management and charges 0.68% per year, according to issuer data.
KraneShares CSI China Internet Fund
Tom Lydon’s clients own shares of Amazon and Facebook.