An ETF Targeting Auto Industry Renaissance

ETFs allow investors to access creative strategies and innovative ideas, such as the newly crafted focus on companies that are advancing the automobile industry into tomorrow.

For example, Krane Funds recently added the KraneShares Electric Vehicles and Future Mobility ETF (NYSEArca: KARS),

“KARS provides exposure to the entire electric vehicle ecosystem, which we believe will be a new renaissance taken place across automakers, software companies as well as the miners that provide all the rare materials going into electric vehicles,” Brendan Ahern, Chief Investment Officer for KraneShares, said at the Inside ETFs 2018 conference.

The new ETF may help investors capitalize on future mobility initiatives, notably those in China, with countries around the world rapidly urbanizing populations.