KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that seeks to track the performance of the MSCI China A 50 Connect Index, comprising 50 large-cap Shanghai- and Shenzhen-listed A-shares accessible via the Stock Connect program; offers exposure to the largest and most liquid onshore Chinese equities, which attract significant foreign inflows; and provides investors with a risk management tool through the index's first officially recognized futures contracts on Stock Connect-eligible A-shares. The ETF distributes dividends annually and maintains a net expense ratio of 0.56%, with contractual fee waivers in place until August 1, 2026. KBA trades on the NYSE under the ticker KBA, with a CUSIP of 500767405 and ISIN of US5007674055.
Launched on March 4, 2014, and headquartered in New York with additional offices in San Francisco and London, the ETF operates as part of KraneShares, a specialist investment manager focused on China, climate, and alternative assets. It previously operated as the KraneShares Bosera MSCI China A Share ETF, undergoing a significant strategic shift on January 5, 2022, to adopt its current name and benchmark the MSCI China A 50 Connect Index, departing from prior tracking of indices such as the MSCI China A Index. This change reflected an evolution in investment objectives to emphasize Stock Connect-eligible securities amid growing international interest in China's onshore markets.
The fund targets institutional and retail investors seeking diversified exposure to China's domestic equity market, with top holdings including Contemporary Amperex Technology (7.73%), Zijin Mining Group (5.86%), and Kweichow Moutai (5.33%). KraneShares continues to expand its China-focused ETF suite through recent initiatives, such as listing a KWEB strategy ETF on the Hong Kong Stock Exchange in partnership with ICBC UBS International in December 2025 and cross-listing six UCITS ETFs on the Deutsche Boerse Xetra in late 2024 to enter the German market.